by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Summit Christian College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can Summit Christian College offer, and what will you qualify for? Keep reading for more information. Keep reading to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Summit Christian College.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Summit Christian College, 100% of first-year full-time students received aid of some kind (about 1 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $2,760 |
| Institutional grants & scholarships | 100% | $2,760 |
| Federal Pell grants | 0% | — |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Summit Christian College, around 67% of undergraduates were awarded grant or scholarship aid averaging $5,607 (for some 14 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $5,607 |
| Federal Pell grants | 38% | $5,233 |
| Federal student loans | 0% | — |
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,188 |
| $30,001 – $75,000 | $18,188 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The figure below distills the debt data into a single burden category for Summit Christian College.
References
More about our data sources and methodologies.