How Many Students Receive Financial Aid?
$27,023 is the typical McKendree University's freshman financial aid plan. Approximately 97.0% of first year students obtain some type of financial aid, most of which is scholarships and grants.
Financial aid helps reduce the cost, or the "sticker" price of the institution. However, bear in mind that the only true college discount are scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Look at the average amount of debt per student at McKendree.
How Much Is Offered in Grants & Scholarships?
The numbers below refer to scholarships and grants largely provided by McKendree University.
97.0% of freshmen (443 total) were offered scholarships at McKendree University, averaging $17,235 a piece. This puts it in the top 20th percentile of all schools nationwide.
As well as scholarships, 35.0% of freshmen (160 total) received a federal grant, for about $4,403 per person.
See the average quantity of scholarships and grants first years get by looking at the graph below.
Scholarships are merit-based, while grants are need based.
Amount of Financial Aid Per Family Income
The next table shows scholarship and grant allocations by income for first year students receiving any kind of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||21.0%||$17,658|
The graph above shows students who are receiving Title IV aid which is federal aid from the government including grants, loans, and work-study. Learn more.
Grants & Scholarships for All Undergraduate Students Average $17,604
Of the 2,088 undergraduates at McKendree University around 90.0% (1,877 total) get some kind of grant aid. The average amount awarded was $17,604.
Financial Aid Links from McKendree University
|Financial Aid Department Website||www.mckendree.edu/offices/financial-aid/index.php|
|Net Price Calculator||https://mckendree.studentaidcalculator.com/survey.aspx|
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