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 St. Bonaventure financial assistance will actually be available to you?Get answers to your questions here.
St. Bonaventure University average financial aid offer for freshmen students is $26,819.00. A significant 99% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at St. Bonaventure 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 following numbers pertain to assistance that is supplied by St. Bonaventure University.
99% of new students (489 total) were offered scholarships at St. Bonaventure University, averaging $24,367.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 27% of first-year students (131 total) got a federal grant, for about $5,521.00 per person.
Amount of Financial Assistance Per Income Level
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 | 13.41% | $37,083.00 |
| Income 30k-48k | 9.55% | $34,798.00 |
| Income 48k-75k | 8.33% | $33,910.00 |
| Income 75k-110k | 21.34% | $26,152.00 |
| Income 110k + | 45.93% | $21,660.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
489 St. Bonaventure undergrads obtain grant aid (this is about 99% of the entire undergraduate student population). The average amount these students receive is $26,819.00.
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.