College of Eastern Idaho (CEI) Financial Aid and Scholarships
Students Receiving Aid
56%
Total Aid Amount
$1.867M
Financial Aid Official Website
www.cei.edu/financial-aid
As many as 76% of the students at CEI get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,857,775 in a year. The total percentage of candidates applying to College of Eastern Idaho who receive the Federal Grant is 56%. Meanwhile, 69% of the applicants receive the Student Grant and 22% are awarded the Institution Grant, while 56% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,466, while the same comes to $2,547 for State Grant receivers and $1,454 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,797. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At College of Eastern Idaho, the percentage of candidates who opt to avail of student loans is around 33%.