College Factual  by our College Data Analytics Team
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What Parker University Fin Aid Will You Get?

Most 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.

Curious about the financial aid opportunities at Parker University and what you may be eligible for? Explore the answers here.

Table of Contents:

What is Inside a Typical Financial Aid Package at Parker University?

Parker University average financial aid offer for freshmen students is $7,857.00. 83% of first-year students are awarded financial aid, primarily comprising grants and scholarships.

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Reducing the Cost of College

A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.

What About Student Loans?

Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Parker University.

In addition to scholarships, 72% of freshman students (26 total) obtained federal grant aid, averaging $5,223.00 a piece.

Parker University Aid Will I Get That I Won’t Have to Repay?

The stats and the chart below reference predominantly federal grants, as well as some local and state grants.

72% of freshman students at Parker University (26 total) got a federal grant, averaging $5,223.00.

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How Income Level Affects Financial Aid

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 LevelPercent of FreshmanAverage Assistance
Income 0-30k55.56%$8,083.00
Income 30k-48k19.44%$8,137.00
Income 48k-75k5.56%$7,595.00
Income 75k-110k2.78%$1,900.00
Income 110k +0.00%$0.00

Title IV Aid

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.

The Average Undergraduate Who Gets a Grant or Scholarship Will Get $7,857.00.

30 Parker University undergrads obtain grant aid (this is about 83% of the entire undergraduate student population). The average amount these students receive is $7,857.00.The largest share of which are in the guise of Pell Grants.

Inquiring About the Expenses Associated with Tuition and Fees?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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