Why Undertanding Financial Aid is Important
Did you know financial aid and scholarship qualifications are based on several standards? Below you'll find information on just how much financial aid , scholarships and grants you can expect from Eastern Michigan.
Typical Eastern Michigan Financial Aid Offer
$13,593 is the usual Eastern Michigan University's freshman financial aid offer. Approximately 97.0% of first year students obtain some kind of financial aid, the majority of which is in the form of scholarships and grants.
Financial aid contains loans, grans, and scholarships. However, student loans must be paid off, so they aren't a genuine discount.
Worried about the student loans that may be included in your financing offer? View the average amount of debt per student at Eastern Michigan.
Number of Eastern Michigan Scholarships & Grants
The numbers following pertain to assistance that is given by Eastern Michigan University.
92.0% of first year students (2,321 total) were awarded scholarships at Eastern Michigan University, averaging $5,083 per person. This ranks in the middle 20th percentile of all schools in the nation.As well as scholarships, 47.0% of first year students (1,187 total) got a federal grant, for about $4,720 per person.
The graph directly below reveals the usual volume of scholarship and grant aid given to all freshmen.
Grants are typically based on need while scholarships are merit-based.
Amount of Financial Aid Per Family Income
Learn what amount of scholarship and grant aid you can plan to obtain according to your earnings. The chart below shows freshman students obtaining federal assistance including PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||12.4%||$4,094|
Education funding from the government available as loans, grants, and work study is known as Title IV aid. Get more info on Title IV here..
Scholarships & Grants for All Students Average $6,048
Of the 18,340 undergraduates at Eastern Michigan University around 72.0% (13,129 in total) get some sort of grant aid. The standard quantity given was $6,048.
Financial Aid Links from Eastern Michigan University
|Financial Aid Department Website||www.emich.edu/finaid/|
|Net Price Calculator||www.emich.edu/finaid/calculator/|