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.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
Quincy University average financial aid offer for freshmen students is $25,389.00. A significant 100% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Quincy University.
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 numbers below apply to scholarships and grants primarily provided by Quincy University.
100% of new students (215 total) were given scholarships at Quincy University, averaging $21,871.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 43% of first-year students (93 total) got a federal grant, for about $4,812.00 per person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 21.40% | $27,236.00 |
| Income 30k-48k | 7.91% | $26,338.00 |
| Income 48k-75k | 14.42% | $27,306.00 |
| Income 75k-110k | 12.56% | $22,583.00 |
| Income 110k + | 20.93% | $23,419.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 215 undergraduate students at Quincy University around 100% (215 total) receive some form of grant aid. The typical amount awarded was $25,389.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
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