by our College Data Analytics TeamThe total cost of attendance at Eastern Michigan University 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.
Interested in understanding the financial aid resources available at Eastern Michigan and your eligibility? Find the answers you seek below.
$9,420.00 is the typical Eastern Michigan University’s first year financial aid package. Approximately 95% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Eastern Michigan University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Eastern Michigan University.
88% of incoming freshmen (1861 total) were given scholarships at Eastern Michigan University, averaging $7,174.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 46% of first-year students (974 total) got a federal grant, for about $5,404.00 per person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.61% | $12,529.00 |
| Income 30k-48k | 10.50% | $11,729.00 |
| Income 48k-75k | 12.48% | $10,447.00 |
| Income 75k-110k | 8.81% | $6,431.00 |
| Income 110k + | 10.88% | $5,321.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
95% of the 2123 undergraduates at Eastern Michigan University receive some sort of grant aid. This is a total of about 1970 students getting an average of $9,420.00 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.