by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
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.
$4,993.00 is the typical Yavapai College’s first year financial aid package. About 74% of first year students receive financial aid, most of which is in the form of loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Yavapai College.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
29% of new students (165 total) were given scholarships at Yavapai College, averaging $3,078.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 51% of first years (286 total) were awarded federal grant aid, averaging $4,878.00 each.
Amount of Financial Assistance Per Income Level
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 29.26% | $5,951.00 |
| Income 30k-48k | 10.11% | $5,062.00 |
| Income 48k-75k | 8.16% | $4,151.00 |
| Income 75k-110k | 1.60% | $1,213.00 |
| Income 110k + | 0.89% | $2,045.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
360 Yavapai College undergrads obtain grant aid (this is about 74% of the entire undergraduate student population). The average amount these students receive is $4,993.00.The largest share of which are in the guise of 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.