The majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
City Colleges of Chicago - Harry S Truman College average financial aid offer for freshmen students is $5,480.00. About 81% of first year students receive 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.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at City Colleges of Chicago - Harry S Truman College.
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 numbers below apply to scholarships and grants primarily provided by City Colleges of Chicago - Harry S Truman College.
23% of incoming freshmen (78 total) were given scholarships at City Colleges of Chicago - Harry S Truman College, averaging $2,748.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 67% of freshmen (224 total) obtained a federal grant, for about $4,856.00 a piece.
Amount of Financial Assistance Per Income Level
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 48.50% | $6,169.00 |
Income 30k-48k | 11.68% | $4,966.00 |
Income 48k-75k | 6.89% | $4,186.00 |
Income 75k-110k | 0.00% | $0.00 |
Income 110k + | 0.00% | $0.00 |
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.
267 Harry S Truman College undergrads obtain grant aid (this is about 81% of the entire undergraduate student population). The average amount these students receive is $5,480.00.The bulk of which are Pell Grants.
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.