by our College Data Analytics TeamThe total cost of attendance at Youngstown State University 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 financial aid options does Youngstown State University offer, and what will you qualify for? Keep scrolling for answers.
Youngstown State University average financial aid offer for freshmen students is $7,174.00. Approximately 97% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Youngstown State University.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
68% of first-year students (1339 total) were offered scholarships at Youngstown State University, averaging $5,028.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 48% of first-year students (946 total) got federal grant aid, averaging $5,674.00 per person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.81% | $9,754.00 |
| Income 30k-48k | 9.19% | $8,957.00 |
| Income 48k-75k | 8.32% | $5,175.00 |
| Income 75k-110k | 7.72% | $3,120.00 |
| Income 110k + | 4.82% | $2,400.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
97% of the 1970 undergraduates at Youngstown State University receive some sort of grant aid. This is a total of about 1464 students getting an average of $7,174.00 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.