$4,678

Avg. Federal Grant

$7,414

Avg. Federal Loan

$20,503,433

Total Aid Awarded

Cornerstone University (CU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$20.503M

Financial Aid Official Website

www.cornerstone.edu/financial-aid

Cornerstone University partners with its students every step of the way to make education more affordable for them. Financial aids can be attained through the agency of grants, scholarships, student loans, and so on. It is, therefore, important that the students file the Free Application for Federal Student Aid or FAFSA so that they can keep up with the different types of financial aids available.

Grants, academic awards, and scholarships are conferred upon the students on the basis of merits, and financial needs. These types of aids can be conferred by the University, a private organization, or any other organization. Unlike Student loans, these monetary aids need not be repaid.

Student loans are availed by the students to make education affordable. However, these loans have to be repaid in due time with interest.

The total financial aid amount is calculated to be $20503433. Here are some of the scholarships provided by Cornerstone University:

  • Pastor’s Scholarship
  • Kingdom Scholars Program
  • Global Scholarship
  • Music Scholarship
  • Athletic Scholarship

Cornerstone University Federal Aid Process

  • An FSA or Federal Student Aid ID must be created by interested applicants. This ID is absolutely necessary for all future FAFSA applications.
  • The students should complete their FAFSA. The FAFSA code for Cornerstone is 002266
  • Social security numbers, Driver's license numbers, Federal tax documents and W-2 forms, Information for untaxed income as requested, and Asset information of both students and parents must be kept handy.
  • It is recommended that the students print a copy of the FAFSA submission.
  • For further details, it is advised that the students get in touch with the body of the financial services at Cornerstone through financial.aid@cornerstone.edu.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

54%

Institution Grant Aid

100%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,678

State Grant Aid

$2,418

Institution Grant Aid

$15,971

Pell Grant

$4,456

As shown in the table, the breakdown includes federal grants, pell grants, state grants, and institutional grants with institutional grants having the highest percentage contribution of 100% with an average aid amount being $15,971.

Federal grants have a percentage of 39% with an average aid amount of $4,678 which is higher than the State grant aid average of $2,418.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$21,907

$30,001 - $48,000

$24,642

$48,001 - $75,000

$19,892

$75,001 - $110,000

$17,928

Over $110,000

$15,601

The average federal aid in Cornerstone University is calculated according to the family income of the student. 

Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs. Incomes between $0-30,000 receive the aid of about $21,907.

A slight change is observed with the change in range; income between $30,001-48,000 receives $25,642. For incomes ranging between $48,001-75,000 the aid provided is $19,892. When the income range increases the aid amount decreases. $110,000 and higher receive an aid amount of $15,601.

Student Loans for Cornerstone University (CU)

Average Loan Amount Average Loan Amount received per year.

$9,308/Year

Students Taking Out Loans

91%

Loan Default Rate

5%

Other Colleges In Michigan

Albion College which is a private, United Methodist university, is located in Albion, Michigan. Taking into account all the courses offered at Albion College, the total enrolment stands at 1,475. The school has a total of 134 academic staff. These faculty teach different courses to the students.

Albion, Michigan 4 years Private Not-For-Profit

University of Michigan-Ann Arbor is a public university located in Ann Arbor, MI. In terms of enrolled students, the varsity has been touted amongst one of the largest universities in the world. It is one of the most popular destinations for students. Out of total 46,002 students enrolled at UMAA

Ann Arbor, Michigan 4 years Public

Located in Grand Rapids, MI, Calvin University is a private, Christian Reformed Church university. In addition to over 3,746 undergraduate students, CU also boasts of over 94 students in its postgraduate courses, taking the total enrollment to over 3,840. The school has an academic staff of 320 w

Grand Rapids, Michigan 4 years Private Not-For-Profit

Other Colleges In Grand Rapids

Aquinas College, which is located in Grand Rapids, MI is a private, Roman Catholic university. The university covers an area of 117 acres. Aquinas College was founded in the year 1886. Aquinas College believes in imparting education and contributing to society by focusing on innovation, research

Grand Rapids, Michigan 4 years Private Not-For-Profit

#N/A

Grand Rapids, Michigan 2 years Public

Kuyper College is a private, Other Protestant university located in Grand Rapids, MI. It was in 1939 when the Kuyper College was founded. Kuyper College believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the uni

Grand Rapids, Michigan 4 years Private Not-For-Profit

Other Private not-for-profit Colleges

The student population of Remington College's main campus ( Lake Mary, Florida ) is 325 and a student-faculty ratio of 8:1. The student population is predominantly female with 93%. Overall the student base is very diverse with 17 % white Americans, 34% African Am

Lake Mary, Florida 4 years Private Not-For-Profit

#N/A

Los Alamitos, California 4 years Private Not-For-Profit

  • Saint Leo University acceptance rate is 70% and the current population is 14,649. It educates students from 50 states, three US territories, and 80 countries.


Online Education at Saint Leo University

The university offers 61 online progr

Saint Leo, Florida 4 years Private Not-For-Profit