by our College Data Analytics TeamThe total cost of attendance at Triton College 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.
Discover the financial aid possibilities at Triton College and learn what assistance you might qualify for by continuing to read.
Triton College average financial aid offer for freshmen students is $4,855.00. A significant 76% of freshmen benefit from financial aid, with the main type being 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 Triton College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers apply to scholarships and grants largely offered by the school itself.
19% of first-year students (158 total) were offered scholarships at Triton College, averaging $3,884.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 65% of first-year students (541 total) got a federal grant, for about $4,293.00 per person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.27% | $6,910.00 |
| Income 30k-48k | 16.93% | $6,118.00 |
| Income 48k-75k | 6.89% | $4,011.00 |
| Income 75k-110k | 0.97% | $2,957.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 827 undergraduate students at Triton College around 76% (617 total) receive some form of grant aid. The typical amount awarded was $4,855.00.The bulk of which are 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.