by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Edison Community College.
Edison State Community College average financial aid offer for freshmen students is $4,390.00. 90% of reshman students get financial aid, most of which is in the form of loans
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Edison State Community College.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers apply to scholarships and grants largely offered by the school itself.
41% of first-year students (91 total) were offered scholarships at Edison State Community College, averaging $3,045.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 79% of freshman students (176 total) obtained federal grant aid, averaging $2,959.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.42% | $5,703.00 |
| Income 30k-48k | 8.56% | $4,159.00 |
| Income 48k-75k | 10.81% | $4,459.00 |
| Income 75k-110k | 4.05% | $2,679.00 |
| Income 110k + | 2.25% | $774.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
90% of the 222 undergraduates at Edison State Community College receive some sort of grant aid. This is a total of about 196 students getting an average of $4,390.00 per person.The majority of which come in the form of Pell Grants.
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.