by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What financial aid options does Peninsula College offer, and what will you qualify for? Keep scrolling for answers.
$5,891.00 is the typical Peninsula College’s first year financial aid package. A significant 81% of freshmen benefit from financial aid, with the main type being loans.
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.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Peninsula College you could end up dealing with.
In addition to scholarships, 52% of first-year students (105 total) got federal grant aid, averaging $4,269.00 per person.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
52% of first years at Peninsula College (105 total) obtained a federal grant, averaging $4,269.00.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 29.85% | $7,777.00 |
| Income 30k-48k | 10.95% | $7,425.00 |
| Income 48k-75k | 8.46% | $5,712.00 |
| Income 75k-110k | 1.99% | $4,074.00 |
| 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 201 undergraduate students at Peninsula College around 81% (156 total) receive some form of grant aid. The typical amount awarded was $5,891.00.
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.