by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Interested in understanding the financial aid resources available at The Restaurant School at Walnut Hill College and your eligibility? Find the answers you seek below.
$4,088.00 is the typical The Restaurant School at Walnut Hill College’s first year financial aid package. Financial aid is provided to about 89% of first-year students, with the bulk of support coming in the form of loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at The Restaurant School at Walnut Hill College.
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 The Restaurant School at Walnut Hill College.
13% of incoming freshmen (16 total) were awarded scholarships at The Restaurant School at Walnut Hill College, averaging $2,320.00 a piece. This puts it in the bottom 50th percentile among colleges and universities nationwide.
As well as scholarships, 73% of freshmen (92 total) obtained a federal grant, for about $3,700.00 a piece.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 5.56% | $8,123.00 |
| Income 30k-48k | 8.73% | $7,026.00 |
| Income 48k-75k | 27.78% | $2,631.00 |
| Income 75k-110k | 3.97% | $2,478.00 |
| Income 110k + | 1.59% | $2,058.00 |
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.
89% of the 126 undergraduates at The Restaurant School at Walnut Hill College receive some sort of grant aid. This is a total of about 105 students getting an average of $4,088.00 per person.Most of them are distributed as 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.