by our College Data Analytics TeamThe total cost of attendance at University of Illinois at Springfield 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.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
University of Illinois at Springfield average financial aid offer for freshmen students is $12,371.00. A significant 98% of freshmen benefit from financial aid, with the main type being 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 University of Illinois at Springfield you could end up dealing with.
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 apply to scholarships and grants largely offered by the school itself.
91% of new students (334 total) were given scholarships at University of Illinois at Springfield, averaging $7,916.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 49% of first-year students (181 total) got federal grant aid, averaging $4,910.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 26.56% | $13,478.00 |
| Income 30k-48k | 12.20% | $15,827.00 |
| Income 48k-75k | 11.92% | $12,817.00 |
| Income 75k-110k | 7.05% | $9,324.00 |
| Income 110k + | 7.32% | $5,547.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 369 undergraduate students at University of Illinois at Springfield around 98% (354 total) receive some form of grant aid. The typical amount awarded was $12,371.00.
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.