Understanding Covenant's FinAid Info
The quantity of financial assistance, grants, scholarships, and more vary depending on your situation. With all the facts below, you will better know how much financial aid you'll get from Covenant College according to family income and merit.
How Many Students Get Financial Assistance?
Covenant College's typical financial aid deal for incoming first years is $23,279. About 98.0% of incoming students receive some kind of financial assistance, the majority of which is scholarships and grants.
Financial aid helps lower the expense, or the full retail price of the school. However, know that the only true discounts off the cost of college are in the form of grants and scholarships.
Student debt ought to be regarded as an "outcome" instead of "aid". Find more on student loan debt at Covenant.
How Much Aid is Available in Scholarships & Grants?
The stats below refer to aid which is given by Covenant College.
97.0% of new students (258 total) were awarded scholarships at Covenant College, averaging $14,434 per student. This puts it in the top 40th percentile of all colleges in the country.66 freshman students were awarded a grant. About 25.0% Covenant freshmen got grants with an average of $5,103 a piece.
The chart below shows the usual amount of scholarship and grant aid given to all first year students.
Grants are usually need-based while scholarships are merit-based.
How Income Level Affects Financial Aid
Find out how much scholarship and grant assistance you may plan to obtain determined by your family income. The chart below displays freshmen receiving federal aid including PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||17.7%||$14,232|
The graph above displays students who are receiving Title IV aid which is federal assistance from the government in the form of grants, loans, and work study. Learn more.
$16,316 is the Typical Amount an Undergraduate Receives in Scholarships or Grants
Of the 1,105 undergraduates at Covenant College about 95.0% (1,046 total) obtain some kind of grant aid. The typical amount given was $16,316.
Covenant College Financial Aid Information
|Financial Aid Department Website||www.covenant.edu/admissions/undergrad/costs|
|Net Price Calculator||https://portal.covenant.edu/forms/index/Net_Price_Calculator|