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What Simpson U Fin Aid Are You Eligible For?

Financial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.

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

Table of Contents:

What Amount of Financial Aid is Available for First Time Students at Simpson U?

$23,228.00 is the typical Simpson University’s first year financial aid package. A significant 99% of freshmen benefit from financial aid, with the main type being grants and scholarships.

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College Discounts

Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.

What About College Loans?

Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Simpson University.

Number of Simpson U Grants & Scholarships

Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.

The next numbers refer to grants and scholarships mainly supplied by the college itself.

99% of new students (108 total) were offered scholarships at Simpson University, averaging $19,143.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.

In addition to scholarships, 64% of first years (70 total) were awarded federal grant aid, averaging $3,347.00 each.

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How Family Income Affects Financial Aid

The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k15.60%$24,772.00
Income 30k-48k11.01%$23,457.00
Income 48k-75k10.09%$25,572.00
Income 75k-110k5.50%$27,832.00
Income 110k +32.11%$17,829.00

Title IV Aid

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.

The Average Undergraduate Receiving a Grant or Scholarship Gets $23,228.00.

Of the 109 undergraduate students at Simpson University around 99% (108 total) receive some form of grant aid. The typical amount awarded was $23,228.00.

Seeking Information on Tuition and Fee Expenses?

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

Financial Aid Information for Simpson University.

Notes and References

References

More about our data sources and methodologies.

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