$5,515

Avg. Federal Grant

$10,523

Avg. Federal Loan

$2,359,016

Total Aid Awarded

Auguste Escoffier School of Culinary Arts Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$2.359M

Financial Aid Official Website

www.escoffier.edu

As many as 70% of the students at AESCAA get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,332,762 in a year. The total percentage of candidates applying to Auguste Escoffier School of Culinary Arts-Austin who receive the Federal Grant is 70%. In comparison, 70% of the students are awarded the Student Grant, 70% get the Institution Grant, and 70% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,577. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 70% of the applicants to Auguste Escoffier School of Culinary Arts-Austin opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

N/A

Institution Grant Aid

45%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$5,515

State Grant Aid

$3,576

Institution Grant Aid

$1,619

Pell Grant

$5,452

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,042

$30,001 - $48,000

$7,039

$48,001 - $75,000

$3,921

$75,001 - $110,000

$1,717

Over $110,000

$1,885

Student Loans for Auguste Escoffier School of Culinary Arts

Average Loan Amount Average Loan Amount received per year.

$12,391/Year

Students Taking Out Loans

65%

Loan Default Rate

10.8%

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