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.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Valley City State University.
$6,612.00 is the typical Valley City State University’s first year financial aid package. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Valley City State University you may end up taking on.
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 stats below refer to aid that is provided by Valley City State University.
98% of incoming freshmen (196 total) were awarded scholarships at Valley City State University, averaging $3,927.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 31% of first years (62 total) were awarded federal grant aid, averaging $6,286.00 each.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 8.46% | $10,835.00 |
| Income 30k-48k | 3.98% | $10,142.00 |
| Income 48k-75k | 8.46% | $7,607.00 |
| Income 75k-110k | 9.45% | $6,016.00 |
| Income 110k + | 16.42% | $4,691.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
100% of the 201 undergraduates at Valley City State University receive some sort of grant aid. This is a total of about 200 students getting an average of $6,612.00 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.