by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Curious about the financial aid opportunities at El Centro College and what you may be eligible for? Explore the answers here.
El Centro College average financial aid offer for freshmen students is $5,170.00. About 77% 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.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from El Centro College you could end up dealing with.
As well as scholarships, 56% of freshmen (2291 total) received a federal grant, for about $5,806.00 a person.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
56% of first years at El Centro College (2291 total) were awarded a federal grant, averaging $5,806.00.
Amount of Financial Assistance Per Income Level
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 | 29.11% | $7,028.00 |
| Income 30k-48k | 15.81% | $6,200.00 |
| Income 48k-75k | 9.14% | $3,938.00 |
| Income 75k-110k | 1.16% | $1,971.00 |
| Income 110k + | 0.15% | $493.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
3038 El Centro College undergrads obtain grant aid (this is about 77% of the entire undergraduate student population). The average amount these students receive is $5,170.00.The largest share of which are in the guise of 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.