by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Curious about the financial aid opportunities at Russel Sage and what you may be eligible for? Explore the answers here.
Russell Sage College average financial aid offer for freshmen students is $24,097.00. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Russell Sage College.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers pertain to assistance that is supplied by Russell Sage College.
100% of incoming freshmen (234 total) were awarded scholarships at Russell Sage College, averaging $18,504.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 94% of freshmen (220 total) received a federal grant, for about $3,316.00 a person.
Amount of Financial Assistance Per Income Level
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 | 26.50% | $31,724.00 |
| Income 30k-48k | 8.12% | $28,986.00 |
| Income 48k-75k | 16.24% | $21,410.00 |
| Income 75k-110k | 13.68% | $19,405.00 |
| Income 110k + | 33.76% | $18,534.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
100% of the 234 undergraduates at Russell Sage College receive some sort of grant aid. This is a total of about 234 students getting an average of $24,097.00 per person.
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.