by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Neumont.
Neumont College of Computer Science average financial aid offer for freshmen students is $8,921.00. About 99% 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.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Neumont College of Computer Science.
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 stats below refer to aid that is provided by Neumont College of Computer Science.
93% of new students (173 total) were given scholarships at Neumont College of Computer Science, averaging $6,336.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 94% of freshmen (176 total) obtained a federal grant, for about $3,646.00 a piece.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 33.16% | $10,872.00 |
| Income 30k-48k | 14.44% | $11,134.00 |
| Income 48k-75k | 14.97% | $9,978.00 |
| Income 75k-110k | 11.23% | $5,189.00 |
| Income 110k + | 14.97% | $5,235.00 |
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.
99% of the 187 undergraduates at Neumont College of Computer Science receive some sort of grant aid. This is a total of about 183 students getting an average of $8,921.00 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.
