by our College Data Analytics TeamThe total cost of attendance at Owens Community 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.
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 Owens State Community College.
$4,255.00 is the typical Owens Community College’s first year financial aid package. 85% of first-year students are awarded financial aid, primarily comprising loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Owens Community College you may end up taking on.
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 apply to scholarships and grants largely offered by the school itself.
15% of incoming freshmen (111 total) were awarded scholarships at Owens Community College, averaging $2,646.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 72% of first-year students (551 total) got a federal grant, for about $3,644.00 per person.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 27.19% | $4,942.00 |
| Income 30k-48k | 12.42% | $4,462.00 |
| Income 48k-75k | 10.98% | $2,605.00 |
| Income 75k-110k | 3.40% | $911.00 |
| Income 110k + | 0.39% | $185.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
85% of the 765 undergraduates at Owens Community College receive some sort of grant aid. This is a total of about 585 students getting an average of $4,255.00 per person.The majority of which come in the form of Pell Grants.
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.
