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.
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.
$19,764.00 is the typical Houghton College’s first year financial aid package. 99% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Houghton College.
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 listed below make reference to help that is offered by Houghton College.
90% of new students (244 total) were offered scholarships at Houghton College, averaging $17,379.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 48% of first-year students (130 total) got a federal grant, for about $4,907.00 per person.
Amount of Financial Assistance Per Income Level
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 24.81% | $18,433.00 |
| Income 30k-48k | 11.85% | $24,404.00 |
| Income 48k-75k | 12.96% | $23,954.00 |
| Income 75k-110k | 16.30% | $22,107.00 |
| Income 110k + | 17.78% | $20,056.00 |
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.
99% of the 270 undergraduates at Houghton College receive some sort of grant aid. This is a total of about 267 students getting an average of $19,764.00 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.