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.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from SCU.
$26,140.00 is the typical Santa Clara University’s first year financial aid package. 74% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Santa Clara 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 Santa Clara University.
67% of incoming freshmen (924 total) were given scholarships at Santa Clara University, averaging $24,163.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 13% of first-year students (183 total) got federal grant aid, averaging $4,834.00 per person.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 5.33% | $47,869.00 |
| Income 30k-48k | 1.95% | $50,789.00 |
| Income 48k-75k | 3.60% | $44,679.00 |
| Income 75k-110k | 4.03% | $39,527.00 |
| Income 110k + | 14.70% | $20,598.00 |
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.
74% of the 1388 undergraduates at Santa Clara University receive some sort of grant aid. This is a total of about 955 students getting an average of $26,140.00 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.