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.
Curious about the financial aid opportunities at Shenandoah and what you may be eligible for? Explore the answers here.
Shenandoah University average financial aid offer for freshmen students is $16,761.00. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Shenandoah 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 Shenandoah University.
100% of new students (503 total) were given scholarships at Shenandoah University, averaging $13,669.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 23% of first years (118 total) were awarded federal grant aid, averaging $5,101.00 each.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.54% | $20,677.00 |
| Income 30k-48k | 8.15% | $21,066.00 |
| Income 48k-75k | 10.54% | $19,165.00 |
| Income 75k-110k | 12.33% | $16,542.00 |
| Income 110k + | 30.02% | $13,967.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 503 undergraduate students at Shenandoah University around 100% (503 total) receive some form of grant aid. The typical amount awarded was $16,761.00.
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.