What is Inside an Average Financial Aid Offer at Elmhurst
$29,384 is the usual Elmhurst College's first year financial aid plan. About 93.0% of new students obtain financial help, most of which is in the form of scholarships and grants.
Student loans are a part of financial aid packages, even so the only true college discount is a grant or scholarship that you don't need to repay.
Student debt should be thought of as an added expense instead of as "aid" or a "discount". Read more about student loan debt at Elmhurst.
How Much Aid Is Offered That Is Not Loans?
The numbers below refer to grants and scholarships mainly offered by Elmhurst College.
93.0% of first year students (445 total) were given scholarships at Elmhurst College, averaging $18,616 per student. This ranks in the top 20th percentile of all schools in the country.
As well as scholarships, 34.0% of freshmen (162 total) received a federal grant, averaging $4,470 a person.
See the typical quantity of grants and scholarships first years get by looking at the graph below.
Scholarships are given due to merit or special ability, while grants are need based.
Amount of Aid Per Family Income
The following table shows scholarship and grant allocations by income level for freshmen receiving any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||29.4%||$18,267|
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..
Grants & Scholarships for All Undergrads Average $21,007
98.0% of the 2,856 undergraduates at Elmhurst College get some form of grant aid. This is a total of about 2,802 students obtaining about $21,007 each.
Financial Aid Links from Elmhurst College
|Financial Aid Department Website||www.elmhurst.edu/finaid|
|Net Price Calculator||www.elmhurst.edu/finaid|