by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at Edinboro and what you may be eligible for? Explore the answers here.
$7,721.00 is the typical Edinboro University of Pennsylvania’s first year financial aid package. A significant 95% of freshmen benefit from financial aid, with the main type being 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 college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Edinboro University of Pennsylvania 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 stats below refer to aid that is provided by Edinboro University of Pennsylvania.
27% of first-year students (186 total) were offered scholarships at Edinboro University of Pennsylvania, averaging $4,438.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 82% of freshmen (575 total) obtained a federal grant, for about $3,930.00 a piece.
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 | 20.95% | $9,824.00 |
| Income 30k-48k | 9.47% | $9,035.00 |
| Income 48k-75k | 9.47% | $5,828.00 |
| Income 75k-110k | 6.31% | $1,936.00 |
| Income 110k + | 4.16% | $1,042.00 |
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.
625 Edinboro undergrads obtain grant aid (this is about 95% of the entire undergraduate student population). The average amount these students receive is $7,721.00.
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.