by our College Data Analytics TeamThe total cost of attendance at Eastern Arizona College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Curious about the financial aid opportunities at Eastern Arizona College and what you may be eligible for? Explore the answers here.
$5,167.00 is the typical Eastern Arizona College’s first year financial aid package. Approximately 42% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Eastern Arizona College.
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 Eastern Arizona College.
29% of incoming freshmen (136 total) were given scholarships at Eastern Arizona College, averaging $7,621.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 27% of first-year students (127 total) got a federal grant, for about $5,093.00 per person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 11.42% | $6,543.00 |
| Income 30k-48k | 5.39% | $6,727.00 |
| Income 48k-75k | 5.60% | $4,955.00 |
| Income 75k-110k | 0.65% | $3,199.00 |
| Income 110k + | 0.22% | $9,087.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
42% of the 464 undergraduates at Eastern Arizona College receive some sort of grant aid. This is a total of about 182 students getting an average of $5,167.00 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.
