by our College Data Analytics TeamMany students attending Elmhurst 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.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$26,691.00 is the typical Elmhurst University’s first year financial aid package. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Elmhurst University.
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 numbers below apply to scholarships and grants primarily provided by Elmhurst University.
100% of incoming freshmen (521 total) were awarded scholarships at Elmhurst University, averaging $21,627.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 45% of first-year students (237 total) got federal grant aid, averaging $6,842.00 per person.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.07% | $33,296.00 |
| Income 30k-48k | 12.48% | $32,218.00 |
| Income 48k-75k | 13.82% | $29,994.00 |
| Income 75k-110k | 11.90% | $24,351.00 |
| Income 110k + | 18.04% | $20,910.00 |
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.
100% of the 521 undergraduates at Elmhurst University receive some sort of grant aid. This is a total of about 521 students getting an average of $26,691.00 per person.
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.