Most college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Discover the financial aid possibilities at Eastern Gateway Community College and learn what assistance you might qualify for by continuing to read.
Eastern Gateway Community College average financial aid offer for freshmen students is $5,974.00. 97% of reshman students get financial aid, most of which is 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.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Eastern Gateway Community 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 following numbers apply to scholarships and grants largely offered by the school itself.
85% of first-year students (800 total) were offered scholarships at Eastern Gateway Community College, averaging $5,226.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 53% of first-year students (502 total) got federal grant aid, averaging $4,894.00 per person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 10.70% | $5,892.00 |
Income 30k-48k | 3.81% | $6,067.00 |
Income 48k-75k | 3.28% | $4,975.00 |
Income 75k-110k | 0.85% | $4,591.00 |
Income 110k + | 0.11% | $3,014.00 |
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 944 undergraduate students at Eastern Gateway Community College around 97% (916 total) receive some form of grant aid. The typical amount awarded was $5,974.00.
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.