by our College Data Analytics TeamMany students attending Massachusetts College of Pharmacy and Health Sciences 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.
What amount of MCPHS University financial assistance will actually be available to you?Get answers to your questions here.
Massachusetts College of Pharmacy and Health Sciences average financial aid offer for freshmen students is $16,024.00. About 100% of first year students receive financial aid, most of which is in the form of loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Massachusetts College of Pharmacy and Health Sciences.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers pertain to assistance that is supplied by Massachusetts College of Pharmacy and Health Sciences.
99% of new students (688 total) were given scholarships at Massachusetts College of Pharmacy and Health Sciences, averaging $13,347.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 38% of first years (262 total) were awarded federal grant aid, averaging $5,950.00 each.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 18.06% | $21,590.00 |
| Income 30k-48k | 10.12% | $20,078.00 |
| Income 48k-75k | 13.44% | $16,349.00 |
| Income 75k-110k | 11.13% | $14,096.00 |
| Income 110k + | 20.23% | $13,977.00 |
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 692 undergraduates at Massachusetts College of Pharmacy and Health Sciences receive some sort of grant aid. This is a total of about 688 students getting an average of $16,024.00 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.
