by our College Data Analytics TeamThe total cost of attendance at Assumption University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What financial aid options does Assumption offer, and what will you qualify for? Keep scrolling for answers.
$26,893.00 is the typical Assumption University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Assumption University you may end up taking on.
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 stats below refer to aid that is provided by Assumption University.
100% of new students (563 total) were given scholarships at Assumption University, averaging $25,798.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 67% of freshmen (377 total) received a federal grant, for about $1,936.00 a person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 5.51% | $34,787.00 |
| Income 30k-48k | 5.15% | $32,490.00 |
| Income 48k-75k | 8.53% | $31,164.00 |
| Income 75k-110k | 12.79% | $28,439.00 |
| Income 110k + | 56.13% | $25,306.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 563 undergraduate students at Assumption University around 100% (563 total) receive some form of grant aid. The typical amount awarded was $26,893.00.
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.