by our College Data Analytics TeamThe total cost of attendance at Iowa Western Community College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Discover the financial aid possibilities at Iowa Western Community College and learn what assistance you might qualify for by continuing to read.
$7,424.00 is the typical Iowa Western Community College’s first year financial aid package. Approximately 86% of incoming freshmen obtain financial assistance, with the majority being offered as 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 Iowa Western Community College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The stats below refer to aid that is provided by Iowa Western Community College.
47% of incoming freshmen (446 total) were given scholarships at Iowa Western Community College, averaging $5,102.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 50% of freshman students (481 total) obtained federal grant aid, averaging $5,247.00 a piece.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.88% | $8,395.00 |
| Income 30k-48k | 7.44% | $9,049.00 |
| Income 48k-75k | 5.66% | $5,855.00 |
| Income 75k-110k | 3.67% | $2,367.00 |
| Income 110k + | 3.35% | $1,827.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
86% of the 954 undergraduates at Iowa Western Community College receive some sort of grant aid. This is a total of about 822 students getting an average of $7,424.00 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.