by our College Data Analytics TeamMany students attending Franklin Pierce University 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.
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 Franklin Pierce.
Franklin Pierce University average financial aid offer for freshmen students is $29,379.00. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
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 loans that may be included in your financial aid package? See the average amount of debt per student at Franklin Pierce University.
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 Franklin Pierce University.
100% of first-year students (416 total) were offered scholarships at Franklin Pierce University, averaging $27,492.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 33% of freshmen (137 total) obtained a federal grant, for about $5,029.00 a piece.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.74% | $34,742.00 |
| Income 30k-48k | 10.58% | $30,407.00 |
| Income 48k-75k | 12.98% | $28,784.00 |
| Income 75k-110k | 17.79% | $28,501.00 |
| Income 110k + | 30.77% | $28,663.00 |
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.
416 Franklin Pierce undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $29,379.00.
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.