by our College Data Analytics TeamThe total cost of attendance at Randall University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What amount of Randall financial assistance will actually be available to you?Get answers to your questions here.
$9,801.00 is the typical Randall University’s first year financial aid package. About 91% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Randall University you may end up taking on.
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 following numbers apply to scholarships and grants largely offered by the school itself.
88% of incoming freshmen (50 total) were awarded scholarships at Randall University, averaging $6,010.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 47% of freshmen (27 total) received a federal grant, for about $4,988.00 a person.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 29.82% | $13,787.00 |
| Income 30k-48k | 8.77% | $14,056.00 |
| Income 48k-75k | 5.26% | $7,426.00 |
| Income 75k-110k | 14.04% | $7,666.00 |
| Income 110k + | 5.26% | $6,800.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
51 Randall undergrads obtain grant aid (this is about 91% of the entire undergraduate student population). The average amount these students receive is $9,801.00.
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.