How Much Financial Assistance is Offered?
$26,029 is the standard Spring Arbor University's first year financial aid deal. Approximately 100.0% of incoming students obtain financial aid, the majority of which is scholarships and grants.
Financial aid helps reduce the expense, or the "sticker" price of the institution. However, bear in mind that the only true discounts off the cost of college are in the form of grants and scholarships.
We feel that loan debt should be regarded as an "outcome" and not "aid". Find more on student loan debt at Spring Arbor.
How Much Is Available in Grants & Scholarships?
The numbers below refer to aid which is provided by Spring Arbor University.
100.0% of first year students (289 total) were offered scholarships at Spring Arbor University, averaging $14,493 a piece. This ranks in the top 40th percentile of all colleges in the country.
120 freshman students got a grant. About 41.0% of Spring Arbor freshmen obtained grants with an average of $6,104 a piece.
How are grants and scholarships dispersed to first years at Spring Arbor? See the chart below.
Scholarships are given based on merit or special ability, while grants are awarded based on need.
How Family Income Affects Financial Aid
The table following displays scholarship and grant allocations by income for first year students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||17.6%||$13,858|
The table above displays undergrads who are getting Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
The Typical Undergrad Receiving a Grant or Scholarship Gets $11,135
84.0% of the 2,432 undergraduate students at Spring Arbor University are given some type of grant aid. This is a total around 2,042 students obtaining about $11,135 per person.
Spring Arbor University Financial Aid Information
|Financial Aid Department Website||www.arbor.edu/admissions/financial-aid/undergrad-finaid/|
|Net Price Calculator||www.arbor.edu/admissions/financial-aid/undergrad-finaid/netprice/|