by our College Data Analytics TeamThe total cost of attendance at Jefferson 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.
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 JeffCo.
Jefferson College average financial aid offer for freshmen students is $4,601.00. A significant 89% of freshmen benefit from financial aid, with the main type being 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.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Jefferson 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 numbers below apply to scholarships and grants primarily provided by Jefferson College.
12% of new students (88 total) were given scholarships at Jefferson College, averaging $4,592.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 63% of freshman students (470 total) obtained federal grant aid, averaging $4,286.00 a piece.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.30% | $5,929.00 |
| Income 30k-48k | 10.65% | $5,658.00 |
| Income 48k-75k | 8.92% | $3,781.00 |
| Income 75k-110k | 2.53% | $1,778.00 |
| Income 110k + | 0.80% | $577.00 |
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.
649 JeffCo undergrads obtain grant aid (this is about 89% of the entire undergraduate student population). The average amount these students receive is $4,601.00.
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.