by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Discover the financial aid possibilities at Goldey - Beacom College and learn what assistance you might qualify for by continuing to read.
$20,016.00 is the typical Goldey - Beacom College’s first year financial aid package. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Goldey - Beacom College you may end up taking on.
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 stats below refer to aid that is provided by Goldey - Beacom College.
100% of incoming freshmen (160 total) were given scholarships at Goldey - Beacom College, averaging $16,164.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 74% of freshman students (118 total) obtained federal grant aid, averaging $5,189.00 a piece.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 31.87% | $23,712.00 |
| Income 30k-48k | 11.88% | $23,307.00 |
| Income 48k-75k | 14.37% | $20,513.00 |
| Income 75k-110k | 10.62% | $20,417.00 |
| Income 110k + | 12.50% | $18,291.00 |
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.
160 Goldey - Beacom College undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $20,016.00.
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.