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.
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 Pennsylvania College of Art and Design.
Pennsylvania College of Art and Design average financial aid offer for freshmen students is $9,819.00. A significant 100% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Pennsylvania College of Art and Design you could end up dealing with.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers below apply to scholarships and grants primarily provided by Pennsylvania College of Art and Design.
100% of new students (64 total) were offered scholarships at Pennsylvania College of Art and Design, averaging $4,927.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 89% of freshman students (57 total) obtained federal grant aid, averaging $3,576.00 a piece.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.31% | $15,428.00 |
| Income 30k-48k | 17.19% | $16,091.00 |
| Income 48k-75k | 18.75% | $10,155.00 |
| Income 75k-110k | 18.75% | $7,225.00 |
| Income 110k + | 18.75% | $2,417.00 |
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.
Of the 64 undergraduate students at Pennsylvania College of Art and Design around 100% (64 total) receive some form of grant aid. The typical amount awarded was $9,819.00.
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.