Rather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Visible Music College.
$4,764.00 is the typical Visible Music College’s first year financial aid package. 87% of reshman students get financial aid, most of which is in the form of loans
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Visible Music College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by Visible Music College.
24% of first-year students (29 total) were offered scholarships at Visible Music College, averaging $3,621.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 50% of freshmen (60 total) obtained a federal grant, for about $4,443.00 a piece.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 40.50% | $4,455.00 |
Income 30k-48k | 5.79% | $2,278.00 |
Income 48k-75k | 5.79% | $2,680.00 |
Income 75k-110k | 0.83% | $143.00 |
Income 110k + | 2.48% | $1,468.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
87% of the 121 undergraduates at Visible Music College receive some sort of grant aid. This is a total of about 78 students getting an average of $4,764.00 per person.The largest share of which are in the guise of Pell Grants.
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.