by our College Data Analytics TeamThe total cost of attendance at University of Puget Sound 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.
What amount of Puget Sound financial assistance will actually be available to you?Get answers to your questions here.
University of Puget Sound average financial aid offer for freshmen students is $29,934.00. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at University of Puget Sound.
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.
100% of incoming freshmen (612 total) were given scholarships at University of Puget Sound, averaging $28,035.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 42% of first-year students (257 total) got federal grant aid, averaging $3,235.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 8.46% | $43,338.00 |
| Income 30k-48k | 6.67% | $43,914.00 |
| Income 48k-75k | 8.62% | $37,995.00 |
| Income 75k-110k | 8.62% | $36,125.00 |
| Income 110k + | 24.23% | $27,067.00 |
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.
612 Puget Sound undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $29,934.00.
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.