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.
Interested in understanding the financial aid resources available at RSU and your eligibility? Find the answers you seek below.
$6,697.00 is the typical Rogers State University’s first year financial aid package. 96% of reshman students get financial aid, most of which is in the form of 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.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Rogers State University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by Rogers State University.
63% of first-year students (350 total) were offered scholarships at Rogers State University, averaging $3,835.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 57% of first years (318 total) were awarded federal grant aid, averaging $4,875.00 each.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 27.39% | $7,783.00 |
| Income 30k-48k | 20.00% | $8,380.00 |
| Income 48k-75k | 9.01% | $5,072.00 |
| Income 75k-110k | 7.03% | $2,013.00 |
| Income 110k + | 4.32% | $1,343.00 |
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.
96% of the 555 undergraduates at Rogers State University receive some sort of grant aid. This is a total of about 501 students getting an average of $6,697.00 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.