by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Georgia State.
Georgia State University average financial aid offer for freshmen students is $9,392.00. 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 loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Georgia State University you may end up taking on.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers pertain to assistance that is supplied by Georgia State University.
22% of incoming freshmen (1069 total) were awarded scholarships at Georgia State University, averaging $5,637.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 51% of first years (2506 total) were awarded federal grant aid, averaging $6,003.00 each.
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 | 25.14% | $12,009.00 |
| Income 30k-48k | 13.51% | $11,439.00 |
| Income 48k-75k | 11.33% | $8,740.00 |
| Income 75k-110k | 5.50% | $6,223.00 |
| Income 110k + | 7.50% | $6,279.00 |
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.
95% of the 4944 undergraduates at Georgia State University receive some sort of grant aid. This is a total of about 4510 students getting an average of $9,392.00 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.