by our College Data Analytics TeamMany students attending Essex County College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Curious about the financial aid opportunities at Essex and what you may be eligible for? Explore the answers here.
Essex County College average financial aid offer for freshmen students is $6,165.00. A significant 84% of freshmen benefit from financial aid, with the main type being loans.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Essex County College.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers listed below make reference to help that is offered by Essex County College.
3% of incoming freshmen (40 total) were given scholarships at Essex County College, averaging $3,404.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 80% of freshmen (1001 total) received a federal grant, for about $4,805.00 a person.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 51.76% | $5,334.00 |
| Income 30k-48k | 13.86% | $4,841.00 |
| Income 48k-75k | 6.89% | $2,597.00 |
| Income 75k-110k | 2.40% | $662.00 |
| Income 110k + | 0.96% | $230.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
84% of the 1248 undergraduates at Essex County College receive some sort of grant aid. This is a total of about 1044 students getting an average of $6,165.00 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.
