by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What financial aid options does Parkland College offer, and what will you qualify for? Keep scrolling for answers.
$5,456.00 is the typical Parkland College’s first year financial aid package. Approximately 68% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Parkland College.
In addition to scholarships, 51% of first years (391 total) were awarded federal grant aid, averaging $4,072.00 each.
The numbers and the chart below reference predominantly federal grants, as well as some local and state grants.
51% of first years at Parkland College (391 total) obtained a federal grant, averaging $4,072.00.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 40.13% | $4,924.00 |
| Income 30k-48k | 1.97% | $5,207.00 |
| Income 48k-75k | 1.58% | $2,480.00 |
| Income 75k-110k | 0.39% | $215.00 |
| Income 110k + | 0.13% | $171.00 |
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 760 undergraduate students at Parkland College around 68% (435 total) receive some form of grant aid. The typical amount awarded was $5,456.00.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.