by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Discover the financial aid possibilities at Soka University and learn what assistance you might qualify for by continuing to read.
Soka University of America average financial aid offer for freshmen students is $34,557.00. 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.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Soka University of America.
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 apply to scholarships and grants largely offered by the school itself.
100% of first-year students (108 total) were offered scholarships at Soka University of America, averaging $32,748.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 50% of freshman students (54 total) obtained federal grant aid, averaging $3,112.00 a piece.
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 | 8.33% | $32,218.00 |
| Income 30k-48k | 5.56% | $40,873.00 |
| Income 48k-75k | 12.04% | $39,912.00 |
| Income 75k-110k | 6.48% | $37,220.00 |
| Income 110k + | 23.15% | $22,115.00 |
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.
108 Soka University undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $34,557.00.
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.