by our College Data Analytics TeamMany students attending Simpson 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.
Discover the financial aid possibilities at Simpson College and learn what assistance you might qualify for by continuing to read.
Simpson College average financial aid offer for freshmen students is $33,416.00. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
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.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Simpson College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by Simpson College.
100% of new students (292 total) were offered scholarships at Simpson College, averaging $27,695.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 64% of freshmen (186 total) received a federal grant, for about $4,699.00 a person.
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 | 18.15% | $38,581.00 |
| Income 30k-48k | 14.73% | $38,334.00 |
| Income 48k-75k | 19.86% | $37,016.00 |
| Income 75k-110k | 12.33% | $29,823.00 |
| Income 110k + | 18.15% | $26,360.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 292 undergraduate students at Simpson College around 100% (292 total) receive some form of grant aid. The typical amount awarded was $33,416.00.
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.