by our College Data Analytics TeamFinancial 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.
Curious about the financial aid opportunities at Webb Institute and what you may be eligible for? Explore the answers here.
$54,372.00 is the typical Webb Institute’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising 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.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Webb Institute.
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 below apply to scholarships and grants primarily provided by Webb Institute.
100% of incoming freshmen (26 total) were awarded scholarships at Webb Institute, averaging $53,832.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 8% of freshmen (2 total) obtained a federal grant, for about $6,020.00 a piece.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 3.85% | $62,435.00 |
| Income 30k-48k | 3.85% | $67,085.00 |
| Income 48k-75k | 3.85% | $63,240.00 |
| Income 75k-110k | 7.69% | $60,240.00 |
| Income 110k + | 11.54% | $53,007.00 |
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.
26 Webb Institute undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $54,372.00.
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.
