by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What amount of TMU financial assistance will actually be available to you?Get answers to your questions here.
Truett McConnell University average financial aid offer for freshmen students is $14,017.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Truett McConnell University you could end up dealing with.
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 Truett McConnell University.
100% of first-year students (213 total) were offered scholarships at Truett McConnell University, averaging $9,111.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 45% of first-year students (96 total) got a federal grant, for about $4,180.00 per person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.49% | $16,849.00 |
| Income 30k-48k | 7.01% | $16,592.00 |
| Income 48k-75k | 14.02% | $15,152.00 |
| Income 75k-110k | 14.02% | $11,572.00 |
| Income 110k + | 21.50% | $12,219.00 |
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.
100% of the 214 undergraduates at Truett McConnell University receive some sort of grant aid. This is a total of about 214 students getting an average of $14,017.00 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.