by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
What amount of JWU North Miami financial assistance will actually be available to you?Get answers to your questions here.
Johnson & Wales University - North Miami average financial aid offer for freshmen students is $24,105.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming 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 Johnson & Wales University - North Miami.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
100% of incoming freshmen (298 total) were awarded scholarships at Johnson & Wales University - North Miami, averaging $19,488.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 72% of first years (214 total) were awarded federal grant aid, averaging $6,065.00 each.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 36.45% | $26,262.00 |
| Income 30k-48k | 19.06% | $24,832.00 |
| Income 48k-75k | 10.03% | $24,148.00 |
| Income 75k-110k | 6.69% | $20,968.00 |
| Income 110k + | 11.04% | $19,624.00 |
The table above shows undergrads who are getting 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 299 undergraduates at Johnson & Wales University - North Miami receive some sort of grant aid. This is a total of about 298 students getting an average of $24,105.00 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.
