by our College Data Analytics TeamMany students attending Spoon River 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.
Interested in understanding the financial aid resources available at SRC and your eligibility? Find the answers you seek below.
Spoon River College average financial aid offer for freshmen students is $6,167.00. A significant 90% of freshmen benefit from financial aid, with the main type being 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.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Spoon River College.
In addition to scholarships, 57% of freshman students (79 total) obtained federal grant aid, averaging $5,313.00 a piece.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
57% of freshman students at Spoon River College (79 total) got a federal grant, averaging $5,313.00.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 30.43% | $7,426.00 |
| Income 30k-48k | 13.77% | $6,715.00 |
| Income 48k-75k | 10.87% | $5,133.00 |
| Income 75k-110k | 2.90% | $687.00 |
| Income 110k + | 0.00% | $0.00 |
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.
108 SRC undergrads obtain grant aid (this is about 90% of the entire undergraduate student population). The average amount these students receive is $6,167.00.The largest share of which are in the guise of 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.