by our College Data Analytics TeamMany students attending Schoolcraft College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
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 Schoolcraft College.
$2,138.00 is the typical Schoolcraft College’s first year financial aid package. Approximately 74% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
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.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Schoolcraft College you may end up taking on.
In addition to scholarships, 74% of first years (378 total) were awarded federal grant aid, averaging $1,838.00 each.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
74% of first-year students at Schoolcraft College (378 total) got a federal grant, averaging $1,838.00.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.44% | $4,153.00 |
| Income 30k-48k | 7.81% | $3,431.00 |
| Income 48k-75k | 3.91% | $2,300.00 |
| Income 75k-110k | 2.73% | $550.00 |
| Income 110k + | 2.93% | $513.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 512 undergraduate students at Schoolcraft College around 74% (378 total) receive some form of grant aid. The typical amount awarded was $2,138.00.The bulk of which are Pell Grants.
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.