What Percentage of Undergrads Get Financial Aid?
Springfield College's standard financial aid offer for new freshmen is $30,879. About 98.0% of first year students obtain some financial aid, most of which is scholarships and grants.
Financial aid includes loans, grants, and scholarships. However, college loans must be repaid, thus they aren't a true discount.
A college loan is not a true college discount, but rather an additional cost consideration. See how much student loan debt from Springfield College you may end up taking on.
How Much Aid Is Offered in Grants & Scholarships?
The following numbers apply to grants and scholarships primarily supplied by Springfield College.
97.0% of freshmen (525 total) were awarded scholarships at Springfield College, averaging $20,098 per person. This puts it in the top 20th percentile of all schools nationwide.
As well as scholarships, 28.0% of freshmen (151 total) received a federal grant, averaging $4,704 per person.
See the usual amount of grants and scholarships first years receive by looking at the chart below.
Grants are usually based on need while scholarships are merit-based.
Financial Aid per Family Income
The chart following demonstrates scholarship and grant allocations by income level for freshman students receiving any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||33.8%||$16,204|
Financial assistance by the government through loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
The Average Undergrad Who Gets a Scholarship or Grant Obtains $20,480
96.0% of the 2,094 undergrads at Springfield College are given some type of grant aid. A total of about 2,004 students obtaining about $20,480 per person.
Springfield College Financial Aid Info
|Financial Aid Department Website||www.springfield.edu/admissions/financial-aid|
|Net Price Calculator||https://springfield.edu/admissions/undergraduate-admissions/net-price-calculator|
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