by our College Data Analytics TeamThe total cost of attendance at Muhlenberg 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 Muhlenberg and learn what assistance you might qualify for by continuing to read.
$34,365.00 is the typical Muhlenberg College’s first year financial aid package. About 96% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Muhlenberg College.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by Muhlenberg College.
94% of new students (508 total) were given scholarships at Muhlenberg College, averaging $32,791.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 62% of first-year students (331 total) got a federal grant, for about $2,854.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 7.25% | $51,413.00 |
| Income 30k-48k | 6.32% | $48,083.00 |
| Income 48k-75k | 9.48% | $48,630.00 |
| Income 75k-110k | 12.83% | $43,554.00 |
| Income 110k + | 29.00% | $29,883.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
516 Muhlenberg undergrads obtain grant aid (this is about 96% of the entire undergraduate student population). The average amount these students receive is $34,365.00.
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.