by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Discover the financial aid possibilities at Oglethorpe and learn what assistance you might qualify for by continuing to read.
$32,364.00 is the typical Oglethorpe University’s first year financial aid package. 99% of reshman students get financial aid, most of which is 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.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Oglethorpe University.
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 Oglethorpe University.
97% of incoming freshmen (388 total) were given scholarships at Oglethorpe University, averaging $27,283.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 37% of freshmen (146 total) obtained a federal grant, for about $5,632.00 a piece.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.25% | $36,701.00 |
| Income 30k-48k | 11.00% | $34,969.00 |
| Income 48k-75k | 9.75% | $34,152.00 |
| Income 75k-110k | 10.50% | $29,764.00 |
| Income 110k + | 34.75% | $30,695.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 400 undergraduate students at Oglethorpe University around 99% (394 total) receive some form of grant aid. The typical amount awarded was $32,364.00.
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.