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.
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.
Milwaukee School of Engineering average financial aid offer for freshmen students is $27,448.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Milwaukee School of Engineering.
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 following numbers apply to scholarships and grants largely offered by the school itself.
100% of new students (579 total) were given scholarships at Milwaukee School of Engineering, averaging $25,440.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 86% of freshmen (497 total) received a federal grant, for about $1,679.00 a person.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 6.88% | $34,292.00 |
| Income 30k-48k | 7.92% | $34,017.00 |
| Income 48k-75k | 12.56% | $35,031.00 |
| Income 75k-110k | 19.28% | $30,645.00 |
| Income 110k + | 28.92% | $23,843.00 |
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 581 undergraduate students at Milwaukee School of Engineering around 100% (579 total) receive some form of grant aid. The typical amount awarded was $27,448.00.
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.