by our College Data Analytics TeamRather 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.
Discover the financial aid possibilities at Butler and learn what assistance you might qualify for by continuing to read.
$19,091.00 is the typical Butler University’s first year financial aid package. Financial aid is provided to about 96% of first-year students, with the bulk of support coming in the form of grants and scholarships.
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.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Butler University.
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 following numbers apply to scholarships and grants largely offered by the school itself.
93% of new students (1035 total) were given scholarships at Butler University, averaging $18,161.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 18% of freshmen (202 total) obtained a federal grant, for about $5,143.00 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 | 5.82% | $31,506.00 |
| Income 30k-48k | 3.85% | $29,827.00 |
| Income 48k-75k | 5.56% | $25,308.00 |
| Income 75k-110k | 7.26% | $21,869.00 |
| Income 110k + | 26.08% | $18,412.00 |
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.
1072 Butler undergrads obtain grant aid (this is about 96% of the entire undergraduate student population). The average amount these students receive is $19,091.00.
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.