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 Harcum College and determine which ones you may be eligible for by continuing your exploration.
$15,775.00 is the typical Harcum College’s first year financial aid package. About 92% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Harcum College.
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 Harcum College.
89% of first-year students (233 total) were offered scholarships at Harcum College, averaging $9,248.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 70% of freshmen (185 total) received a federal grant, for about $5,292.00 a person.
Amount of Financial Assistance Per Income Level
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 | 47.91% | $15,938.00 |
| Income 30k-48k | 17.87% | $15,068.00 |
| Income 48k-75k | 7.98% | $14,411.00 |
| Income 75k-110k | 5.32% | $6,269.00 |
| Income 110k + | 2.28% | $9,293.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 263 undergraduate students at Harcum College around 92% (233 total) receive some form of grant aid. The typical amount awarded was $15,775.00.
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.