by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Interested in understanding the financial aid resources available at Reinhardt University and your eligibility? Find the answers you seek below.
Reinhardt University average financial aid offer for freshmen students is $16,949.00. Approximately 99% 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 should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Reinhardt 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 next numbers refer to grants and scholarships mainly supplied by the college itself.
96% of new students (322 total) were given scholarships at Reinhardt University, averaging $12,039.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 80% of freshmen (270 total) received a federal grant, for about $2,655.00 a person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.37% | $19,618.00 |
| Income 30k-48k | 9.82% | $16,177.00 |
| Income 48k-75k | 11.90% | $14,843.00 |
| Income 75k-110k | 11.90% | $15,211.00 |
| Income 110k + | 18.45% | $16,993.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
99% of the 336 undergraduates at Reinhardt University receive some sort of grant aid. This is a total of about 333 students getting an average of $16,949.00 per person.
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.