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.
What amount of Ohio Business College-Sheffield financial assistance will actually be available to you?Get answers to your questions here.
$5,286.00 is the typical Ohio Business College-Sheffield’s first year financial aid package. About 95% of first year students receive financial aid, most of which is in the form of loans.
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.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Ohio Business College-Sheffield you could end up dealing with.
As well as scholarships, 85% of freshmen (35 total) obtained a federal grant, for about $4,752.00 a piece.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
85% of first years at Ohio Business College-Sheffield (35 total) obtained a federal grant, averaging $4,752.00.
Amount of Financial Assistance Per Income Level
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 | 68.29% | $4,965.00 |
| Income 30k-48k | 14.63% | $5,641.00 |
| Income 48k-75k | 2.44% | $773.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 41 undergraduate students at Ohio Business College-Sheffield around 95% (35 total) receive some form of grant aid. The typical amount awarded was $5,286.00.The largest share of which are in the guise of Pell Grants.
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.