by our College Data Analytics TeamThe total cost of attendance at The Master’s University and Seminary can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Interested in understanding the financial aid resources available at The Master’s University and your eligibility? Find the answers you seek below.
$11,557.00 is the typical The Master’s University and Seminary’s first year financial aid package. Financial aid is provided to about 95% of first-year students, with the bulk of support coming in the form of 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.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at The Master’s University and Seminary.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by The Master’s University and Seminary.
89% of new students (177 total) were offered scholarships at The Master’s University and Seminary, averaging $8,466.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 31% of freshman students (62 total) obtained federal grant aid, averaging $4,367.00 a piece.
Amount of Financial Assistance Per Income Level
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.05% | $16,692.00 |
| Income 30k-48k | 5.53% | $15,794.00 |
| Income 48k-75k | 16.58% | $14,651.00 |
| Income 75k-110k | 9.05% | $6,956.00 |
| Income 110k + | 23.12% | $6,081.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 199 undergraduate students at The Master’s University and Seminary around 95% (181 total) receive some form of grant aid. The typical amount awarded was $11,557.00.
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.