by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What amount of Cairn financial assistance will actually be available to you?Get answers to your questions here.
$18,109.00 is the typical Cairn University’s first year financial aid package. About 99% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have 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 Cairn University you could end up dealing with.
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.
74% of new students (174 total) were given scholarships at Cairn University, averaging $17,442.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 32% of first-year students (74 total) got federal grant aid, averaging $6,322.00 per person.
Amount of Financial Assistance Per Income Level
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.96% | $20,721.00 |
| Income 30k-48k | 5.98% | $18,502.00 |
| Income 48k-75k | 11.11% | $19,821.00 |
| Income 75k-110k | 15.81% | $13,877.00 |
| Income 110k + | 14.10% | $11,130.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 234 undergraduate students at Cairn University around 99% (200 total) receive some form of grant aid. The typical amount awarded was $18,109.00.
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.