by our College Data Analytics TeamMany students attending Davenport University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Uncover the various financial aid options provided by Davenport University and determine which ones you may be eligible for by continuing your exploration.
$12,887.00 is the typical Davenport University’s first year financial aid package. About 99% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Davenport University you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by Davenport University.
98% of incoming freshmen (535 total) were given scholarships at Davenport University, averaging $9,506.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 64% of freshmen (352 total) obtained a federal grant, for about $3,663.00 a piece.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 63.07% | $13,587.00 |
| Income 30k-48k | 4.57% | $9,061.00 |
| Income 48k-75k | 2.38% | $9,447.00 |
| Income 75k-110k | 0.55% | $6,201.00 |
| Income 110k + | 0.37% | $6,330.00 |
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.
Of the 547 undergraduate students at Davenport University around 99% (539 total) receive some form of grant aid. The typical amount awarded was $12,887.00.
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.