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.
What amount of University of the District of Columbia financial assistance will actually be available to you?Get answers to your questions here.
University of the District of Columbia average financial aid offer for freshmen students is $6,745.00. Approximately 87% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at University of the District of Columbia.
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 stats below refer to aid that is provided by University of the District of Columbia.
38% of incoming freshmen (132 total) were awarded scholarships at University of the District of Columbia, averaging $9,840.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 56% of freshmen (194 total) received a federal grant, for about $5,819.00 a person.
Amount of Financial Assistance Per Income Level
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 35.65% | $7,325.00 |
Income 30k-48k | 8.41% | $8,183.00 |
Income 48k-75k | 6.38% | $3,589.00 |
Income 75k-110k | 0.58% | $547.00 |
Income 110k + | 1.45% | $6,350.00 |
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.
Of the 345 undergraduate students at University of the District of Columbia around 87% (267 total) receive some form of grant aid. The typical amount awarded was $6,745.00.
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.