Understanding Edgewood College's Financial Aid
The amount of financial assistance you will receive, which includes scholarships, grants and loans, is going to depend upon your need. The knowledge available on this page will tell you how much you can expect to be given at Edgewood determined by your family's income level and other factors.
How Much Financial Assistance is Available?
$22,504 is the standard Edgewood College's freshman financial aid offer. Around 96.0% of incoming students receive financial aid, most of which is scholarships and grants.
Financial aid helps reduce the expense, or the "sticker" 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". Read more on student loan debt at Edgewood.
How Much Edgewood Aid Is Offered That I Don't Have to Pay Back?
The stats below refer to aid which is supplied by Edgewood College.
96.0% of incoming freshmen (285 total) were offered scholarships at Edgewood College, averaging $11,939 per student. This puts it in the top 40th percentile of all colleges in the country.
109 freshman students were awarded a grant. About 37.0% of Edgewood freshmen obtained grants with an average of $4,058 a piece.
The chart below shows the average amount of grant and scholarship aid distributed to all first year students.
Scholarships are merit-based, while grants are given based on financial need.
Amount of Aid By Income Level
Determine how much grant and scholarship assistance you may expect to be given determined by your family income. The chart following displays freshmen receiving federal aid which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.1% | $18,442 |
| Income 30k-48k | 10.1% | $21,115 |
| Income 48k-75k | 21.1% | $19,325 |
| Income 75k-110k | 21.5% | $14,899 |
| Income 110k + | 28.5% | $9,497 |
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.
$12,008 is the Standard Amount an Undergraduate Receives in Grants or Scholarships
Of the 1,813 undergrads at Edgewood College about 83.0% (1,507 in total) obtain some kind of grant aid. The standard amount awarded was $12,008.
Edgewood College Financial Aid Information
| Financial Aid Department Website | www.edgewood.edu/admissions/tuition-and-financial-aid |
| Net Price Calculator | www.edgewood.edu/admissions/tuition-and-financial-aid/net-price-calculator-freshman |
