by our College Data Analytics TeamMany students attending Simmons 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.
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 Simmons.
Simmons University average financial aid offer for freshmen students is $31,240.00. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Simmons University.
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 stats below refer to aid that is provided by Simmons University.
99% of incoming freshmen (430 total) were awarded scholarships at Simmons University, averaging $29,514.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 88% of freshman students (380 total) obtained federal grant aid, averaging $1,918.00 a piece.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.93% | $39,141.00 |
| Income 30k-48k | 5.54% | $36,468.00 |
| Income 48k-75k | 8.78% | $33,847.00 |
| Income 75k-110k | 14.78% | $31,736.00 |
| Income 110k + | 36.03% | $29,637.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
100% of the 433 undergraduates at Simmons University receive some sort of grant aid. This is a total of about 430 students getting an average of $31,240.00 per person.
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.
