by our College Data Analytics TeamFinancial 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.
Interested in understanding the financial aid resources available at Pillar and your eligibility? Find the answers you seek below.
$15,972.00 is the typical Pillar College’s first year financial aid package. Approximately 82% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Pillar College.
As well as scholarships, 72% of freshmen (36 total) obtained a federal grant, for about $5,583.00 a piece.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
72% of freshmen at Pillar College (36 total) received a federal grant, averaging $5,583.00.
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 | 64.00% | $18,267.00 |
| Income 30k-48k | 8.00% | $12,442.00 |
| Income 48k-75k | 2.00% | $9,945.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 4.00% | $3,301.00 |
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.
82% of the 50 undergraduates at Pillar College receive some sort of grant aid. This is a total of about 41 students getting an average of $15,972.00 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.
