by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Discover the financial aid possibilities at Methodist College and learn what assistance you might qualify for by continuing to read.
$5,474.00 is the typical Methodist College’s first year financial aid package. Financial aid is provided to about 80% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Methodist College.
As well as scholarships, 70% of freshmen (7 total) received a federal grant, for about $3,166.00 a person.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
70% of first years at Methodist College (7 total) obtained a federal grant, averaging $3,166.00.
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 | 0.00% | $0.00 |
| Income 30k-48k | 30.00% | $10,605.00 |
| Income 48k-75k | 30.00% | $1,833.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 10.00% | $1,000.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 10 undergraduate students at Methodist College around 80% (7 total) receive some form of grant aid. The typical amount awarded was $5,474.00.
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.