The total cost of attendance at Cedarville 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.
Uncover the various financial aid options provided by Cedarville and determine which ones you may be eligible for by continuing your exploration.
Cedarville University average financial aid offer for freshmen students is $17,422.00. A significant 100% of freshmen benefit from financial aid, with the main type being 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.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Cedarville University.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The following numbers apply to scholarships and grants largely offered by the school itself.
100% of incoming freshmen (991 total) were awarded scholarships at Cedarville University, averaging $16,235.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 21% of freshmen (212 total) obtained a federal grant, for about $4,468.00 a piece.
Amount of Financial Assistance Per Income Level
Amount of Financial Assistance Per Income Level
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 5.64% | $26,879.00 |
Income 30k-48k | 4.93% | $23,357.00 |
Income 48k-75k | 12.39% | $23,262.00 |
Income 75k-110k | 14.90% | $18,444.00 |
Income 110k + | 21.95% | $15,336.00 |
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 993 undergraduate students at Cedarville University around 100% (991 total) receive some form of grant aid. The typical amount awarded was $17,422.00.
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.