What Percentage of Undergrads Get Financial Assistance?
$13,830 is the typical Daymar College - Murfreesboro's first year financial aid package. Approximately 92.0% of incoming students receive some type of financial assistance, most of which is in the form of loans.
Financial aid consists of scholarships, grants, and student loans. However, loans need to be paid off, thus they are not a genuine college discount.
We feel that loan debt should be regarded as an added expense instead of as "aid" or a "discount". Find more on student loan debt at Daymar College - Murfreesboro.
How Much Daymar College - Murfreesboro Aid Will I Get That Won't Put Me in Debt?
The numbers plus the chart below refer to primarily federal grants, as well as some local and state grants. 82.0% of first year students at Daymar College - Murfreesboro (42 total) obtained a federal grant, averaging $5,329. In addition to grants, 76.0% of first year students (39 total) were awarded scholarships by the college, averaging $810 per person.
Check out the average level of scholarships and grants freshmen receive by studying the chart below.
Grants are typically need-based while scholarships are merit-based.
How Family Income Affects Financial Aid
The chart below shows grant and scholarship distributions by family income for freshmen receiving any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 70.6% | $6,513 |
| Income 30k-48k | 9.8% | $4,938 |
| Income 48k-75k | 11.8% | $3,707 |
| Income 75k-110k | 0.0% | N/A |
| Income 110k + | 0.0% | N/A |
Education funding by the federal government by means of grants, loans, or work-study is known as Title IV aid. Get more info on Title IV here..
$5,433 is the Typical Total an Undergrad Will Get in Scholarships or Grants
113 Daymar College - Murfreesboro undergrads obtain grant aid (this is around 87.0% of the overall student body). The average amount these students obtain is $5,433 The majority in the form of Pell Grants.
Visit the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Daymar College - Murfreesboro Financial Aid Links
| Financial Aid Department Website | www.daymarcollege.edu/admissions/finance-your-education |
| Net Price Calculator | www.daymarcollege.edu/admissions/net-price-calculator |
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