by our College Data Analytics TeamMany students attending College of the Atlantic can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What amount of College of the Atlantic financial assistance will actually be available to you?Get answers to your questions here.
$36,527.00 is the typical College of the Atlantic’s first year financial aid package. 99% of reshman students get financial aid, most of which is in the form of grants and scholarships
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at College of the Atlantic.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
99% of incoming freshmen (104 total) were awarded scholarships at College of the Atlantic, averaging $35,035.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 27% of freshmen (28 total) received a federal grant, for about $5,003.00 a person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.33% | $42,829.00 |
| Income 30k-48k | 9.52% | $40,492.00 |
| Income 48k-75k | 7.62% | $40,001.00 |
| Income 75k-110k | 13.33% | $28,799.00 |
| Income 110k + | 18.10% | $24,035.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
99% of the 105 undergraduates at College of the Atlantic receive some sort of grant aid. This is a total of about 104 students getting an average of $36,527.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
