by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Curious about the financial aid opportunities at Concordia University, Saint Paul and what you may be eligible for? Explore the answers here.
$16,143.00 is the typical Concordia University, Saint Paul’s first year financial aid package. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Concordia University, Saint Paul you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The stats below refer to aid that is provided by Concordia University, Saint Paul.
99% of new students (346 total) were given scholarships at Concordia University, Saint Paul, averaging $9,529.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 92% of freshman students (322 total) obtained federal grant aid, averaging $3,611.00 a piece.
Amount of Financial Assistance Per Income Level
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 | 24.93% | $18,265.00 |
| Income 30k-48k | 14.61% | $19,655.00 |
| Income 48k-75k | 18.91% | $17,706.00 |
| Income 75k-110k | 12.32% | $15,481.00 |
| Income 110k + | 21.49% | $13,143.00 |
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.
348 Concordia University, Saint Paul undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $16,143.00.
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.
