by our College Data Analytics TeamThe total cost of attendance at Carson - Newman 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 amount of Carson - Newman financial assistance will actually be available to you?Get answers to your questions here.
$21,362.00 is the typical Carson - Newman University’s first year financial aid package. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Carson - Newman 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.
99% of incoming freshmen (551 total) were awarded scholarships at Carson - Newman University, averaging $14,994.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 90% of freshmen (501 total) obtained a federal grant, for about $3,400.00 a piece.
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 | 28.96% | $25,330.00 |
| Income 30k-48k | 11.33% | $23,658.00 |
| Income 48k-75k | 13.85% | $21,812.00 |
| Income 75k-110k | 9.89% | $20,895.00 |
| Income 110k + | 13.13% | $16,838.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 556 undergraduate students at Carson - Newman University around 100% (555 total) receive some form of grant aid. The typical amount awarded was $21,362.00.
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.