Understanding Financial Aid
The amount of financial aid, grants, and scholarships varies depending on your situation. Using the facts below, you can better understand how much financial assistance you'll receive from Embry Riddle Daytona Beach based on income and worth.
What is Inside a Typical Financial Aid Plan at Embry Riddle Daytona Beach
Embry Riddle Aeronautical University - Daytona Beach's normal financial aid deal for new freshmen is $28,581. Approximately 95.0% of new students receive some type of financial aid, the majority of which is in the form of scholarships and grants.
Loans are a part of financial aid plans, even so the only true discount off of the expense of college is a scholarship or grant that you don't need to repay.
A loan is not a true college discount, but rather an outcome to consider. Learn how much student loan debt from Embry Riddle Daytona Beach you could end up taking on.
How Much Aid Is Available That Is Not Loans?
The numbers below refer to grants and scholarships mainly offered by Embry Riddle Aeronautical University - Daytona Beach.
92.0% of first year students (1,174 total) were offered scholarships at Embry Riddle Aeronautical University - Daytona Beach, averaging $13,871 a piece. This puts it in the top 40th percentile of all schools in the country.
As well as scholarships, 28.0% of freshmen (354 total) received federal grant aid, for about $4,984 a person.
Check out the average amount of grants and scholarships first years get by checking out the graph below.
Scholarships are merit-based, while grants are need based.
How Family Income Affects Aid
The table below demonstrates scholarship and grant allocations by family income for freshmen getting any kind of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||19.0%||$14,793|
Title IV aid features loans, grants, or work-study awarded by the federal government typically based on need. Learn more here.
$18,008 is the Standard Total an Undergraduate Will Get in Grants or Scholarships
4,408 Embry Riddle Daytona Beach students obtain grants (this is about 84.0% of the entire student body). The average amount these students obtain is $18,008
Financial Aid Links from Embry Riddle Aeronautical University - Daytona Beach
|Financial Aid Department Website||daytonabeach.erau.edu/financial-aid/index.html|
|Net Price Calculator||erau.studentaidcalculator.com/survey.aspx|