by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Uncover the various financial aid options provided by Felician and determine which ones you may be eligible for by continuing your exploration.
$31,268.00 is the typical Felician University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Felician University you could end up dealing with.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by Felician University.
100% of incoming freshmen (381 total) were given scholarships at Felician University, averaging $20,479.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 95% of first-year students (362 total) got federal grant aid, averaging $4,513.00 per person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 41.21% | $35,684.00 |
| Income 30k-48k | 17.85% | $33,159.00 |
| Income 48k-75k | 11.81% | $31,755.00 |
| Income 75k-110k | 7.35% | $25,599.00 |
| Income 110k + | 9.97% | $21,972.00 |
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.
100% of the 381 undergraduates at Felician University receive some sort of grant aid. This is a total of about 381 students getting an average of $31,268.00 per person.
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.