Understanding Financial Aid for You
The quantity of financial assistance you will receive, which includes scholarships, grants and loans, is going to depend upon your financial need. The knowledge available here will tell you how much you will likely be given from College of Our Lady of the Elms based on your family's income level and other factors.
What Percentage of Undergrads Get Financial Assistance?
$27,792 is the typical College of Our Lady of the Elms' first year financial aid plan. Approximately 99.0% of freshman students receive some kind of financial assistance, most of which is scholarships and grants.
Financial aid consists of scholarships, grants, and student loans. However, loans have to be paid off, thus they are not a genuine college discount.
A student loan isn't a legitimate college price reduction, but rather an additional cost consideration. Find out how much student loan debt from Elms College you could end up dealing with.
How Much Elms College Aid Will I Get That Won't Put Me in Debt?
The following numbers refer to scholarships and grants mainly offered by the school itself.
98.0% of first year students (183 total) were offered scholarships at College of Our Lady of the Elms, averaging $18,046 per student. This puts it in the top 20th percentile of all colleges in the country.In addition to scholarships, 49.0% of freshman students (91 total) obtained federal grant aid, averaging $4,253 a piece.
Check out the usual level of scholarships and grants freshmen receive by checking out the chart below.
Scholarships are awarded based on merit or special ability, while grants are given based on need.
Amount of Financial Assistance By Income Level
Discover what amount of grand and scholarship assistance you can plan to be given based on your income level. The table following displays freshman students obtaining federal Title IV aid including PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||17.1%||$14,701|
Education funding by the government by means of grants, loans, or work study is known as Title IV aid. Get more info on Title IV here..
$15,714 is the Typical Total an Undergrad Will Get in Grants or Scholarships
1,113 Elms College undergrads obtain grant aid (this is around 1,371 of the total student population). The usual amount these students obtain is $15,714
College of Our Lady of the Elms Financial Aid Links
|Financial Aid Department Website||www.elms.edu/academics/undergraduate/tuition-and-financial-aid/index|
|Net Price Calculator||tcc.noellevitz.com/(S(dvbogkr324ekca3e1nvys4ha))/Elms%20College/Freshman-Students|