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.
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 Olney Central College.
$5,111.00 is the typical Olney Central College’s first year financial aid package. Financial aid is provided to about 98% of first-year students, with the bulk of support coming 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.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Olney Central College.
As well as scholarships, 80% of first-year students (182 total) got a federal grant, for about $3,797.00 per person.
The numbers and the graph following pertain to primarily federal grants, plus some local and state grants.
80% of freshman students at Olney Central College (182 total) got a federal grant, averaging $3,797.00.
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 | 21.15% | $7,055.00 |
| Income 30k-48k | 14.98% | $5,514.00 |
| Income 48k-75k | 7.93% | $4,570.00 |
| Income 75k-110k | 7.49% | $3,881.00 |
| Income 110k + | 2.20% | $3,868.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
220 Olney Central College undergrads obtain grant aid (this is about 98% of the entire undergraduate student population). The average amount these students receive is $5,111.00.
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.