Cazenovia College Financial Aid and Scholarships
Students Receiving Aid
87%
Total Aid Amount
$19.768M
Financial Aid Official Website
www.cazenovia.edu/admissions/enrollment-services/financial-aid
Students can avail of scholarships provided by the college, such as 1824 Scholarship, Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, and Carnegie Dartlet $10,000 Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at CC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,809,697. More information regarding the financial assistance schemes can be accessed on CC’s official financial aid page at http://www.cazenovia.edu/admissions/enrollment-services/financial-aid. The total percentage of candidates applying to Cazenovia College who receive the Federal Grant is 67%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 56% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,659, while the same comes to $4,521 for State Grant receivers and $26,832 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,815. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $38,820 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $35,741, while those falling in the $48,001-$75,000 income category get $30,585 a year. Those with an annual income level of $75,001-$110,000 would receive $27,404, while candidates with more than $110,000 of family income receive an average federal aid of $23,157. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 89% of the applicants to Cazenovia College opt for student loans.
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