by our College Data Analytics TeamThe total cost of attendance at Moravian College 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 financial aid options does Moravian offer, and what will you qualify for? Keep scrolling for answers.
$29,709.00 is the typical Moravian College’s first year financial aid package. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Moravian College.
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 numbers below apply to scholarships and grants primarily provided by Moravian College.
100% of incoming freshmen (427 total) were awarded scholarships at Moravian College, averaging $27,319.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 25% of freshman students (106 total) obtained federal grant aid, averaging $4,912.00 a piece.
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 | 7.96% | $38,314.00 |
| Income 30k-48k | 9.60% | $37,151.00 |
| Income 48k-75k | 11.48% | $33,440.00 |
| Income 75k-110k | 15.93% | $32,233.00 |
| Income 110k + | 36.77% | $28,186.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 427 undergraduate students at Moravian College around 100% (427 total) receive some form of grant aid. The typical amount awarded was $29,709.00.
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.
