by our College Data Analytics TeamMany students attending Sterling College 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.
Curious about the financial aid opportunities at Sterling College and what you may be eligible for? Explore the answers here.
Sterling College average financial aid offer for freshmen students is $16,289.00. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Sterling College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
100% of incoming freshmen (139 total) were awarded scholarships at Sterling College, averaging $13,224.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 47% of freshmen (65 total) obtained a federal grant, for about $5,113.00 a piece.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 19.42% | $20,899.00 |
| Income 30k-48k | 16.55% | $17,890.00 |
| Income 48k-75k | 8.63% | $17,157.00 |
| Income 75k-110k | 17.99% | $15,791.00 |
| Income 110k + | 21.58% | $12,025.00 |
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 139 undergraduates at Sterling College receive some sort of grant aid. This is a total of about 139 students getting an average of $16,289.00 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.