by our College Data Analytics TeamThe 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.
Curious about the financial aid opportunities at Concordia University, Ann Arbor and what you may be eligible for? Explore the answers here.
$18,505.00 is the typical Concordia University, Ann Arbor’s first year financial aid package. Financial aid is provided to about 98% 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 loans that may be included in your financial aid package? See the average amount of debt per student at Concordia University, Ann Arbor.
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 stats below refer to aid that is provided by Concordia University, Ann Arbor.
98% of new students (219 total) were given scholarships at Concordia University, Ann Arbor, averaging $16,381.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 29% of first years (64 total) were awarded federal grant aid, averaging $4,648.00 each.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 11.16% | $22,635.00 |
| Income 30k-48k | 9.82% | $19,582.00 |
| Income 48k-75k | 12.50% | $18,802.00 |
| Income 75k-110k | 17.41% | $18,732.00 |
| Income 110k + | 28.57% | $17,608.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 224 undergraduate students at Concordia University, Ann Arbor around 98% (219 total) receive some form of grant aid. The typical amount awarded was $18,505.00.
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.