by our College Data Analytics TeamMany students attending Shorter University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Curious about the financial aid opportunities at Shorter and what you may be eligible for? Explore the answers here.
Shorter University average financial aid offer for freshmen students is $16,766.00. 100% of first-year students are awarded financial aid, primarily comprising 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.
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 Shorter 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 Shorter University.
97% of new students (314 total) were offered scholarships at Shorter University, averaging $11,653.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 92% of first years (298 total) were awarded federal grant aid, averaging $3,366.00 each.
Amount of Financial Assistance Per Income Level
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.09% | $17,874.00 |
| Income 30k-48k | 12.04% | $18,235.00 |
| Income 48k-75k | 9.88% | $15,204.00 |
| Income 75k-110k | 13.58% | $14,789.00 |
| Income 110k + | 16.36% | $15,191.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
322 Shorter undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $16,766.00.
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.