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.
Uncover the various financial aid options provided by Cameron University and determine which ones you may be eligible for by continuing your exploration.
$7,176.00 is the typical Cameron University’s first year financial aid package. 86% of reshman students get financial aid, most of which is in the form of grants and scholarships
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Cameron University you may end up taking on.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by Cameron University.
41% of incoming freshmen (219 total) were awarded scholarships at Cameron University, averaging $4,634.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 59% of first-year students (315 total) got a federal grant, for about $6,000.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 36.26% | $8,582.00 |
| Income 30k-48k | 10.84% | $9,831.00 |
| Income 48k-75k | 8.41% | $4,685.00 |
| Income 75k-110k | 4.67% | $2,049.00 |
| Income 110k + | 1.68% | $1,401.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
86% of the 535 undergraduates at Cameron University receive some sort of grant aid. This is a total of about 436 students getting an average of $7,176.00 per person.
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.