Understanding Concordia College - Alabama's Financial Aid Information
Are you aware financial aid accessibility is based on several criteria? Continue reading to find information on how much assistance and scholarships can be expected from Concordia College - Selma.
What Amount of Financial Aid is Available?
Concordia College - Alabama's typical financial aid package for newly arriving freshmen is $7,772. Approximately 99.0% of new students obtain some kind of financial aid, most of which is in the form of scholarships and grants.
A financial aid package includes scholarships, grants, and student loans. However, college loans have to be repaid, thus they aren't a true discount.
A student loan is not a genuine college discount, but rather an additional cost consideration. Find out how much student loan debt from Concordia College - Selma you could end up taking on.
How Much Aid Is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)
These grants and scholarships are composed of mainly federally provided grants, plus some local and state grants. 98.0% of freshman students at Concordia College - Alabama (99 total) got a federal grant, averaging $2,562. As well as grants, 87.0% of freshman students (88 total) got scholarships by the college, totaling $2,033 per student.
The chart underneath displays the average level of scholarship and grant aid distributed to all freshmen.
Grants are typically based on need while scholarships are based on merit or ability.
How Financial Need Affects Aid
The following chart displays grant and scholarship 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 110k +||4.0%||$3,597|
Financial assistance by the government in the form of loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
The Standard Undergraduate Who Gets a Scholarship or Grant Gets $3,870
485 Concordia College - Selma undergrads get grants (this is about 100.0% of the entire student body). The average amount these students get is $3,870 The most of which are in the form of Pell Grants.
Financial Aid Links from Concordia College - Alabama
|Financial Aid Department Website||www.ccal.edu/?q=financial-aid|
|Net Price Calculator||www.ccal.edu/admissions/net-pricing-calculator/|