OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Daemen College Financial Aid and Scholarships 2022

A private university by the name of Daemen College is located in Amherst, New York. Around 83% of the students are 24 and under at Daemen College. At DC around 75% are white, 11% are Black or African American, and 7% belong to Hispanic ethnicity. And, when it comes to gender distribution at the varsity, around 70% of the students are females and 30% are males. Some of the notable alumni which the school has produced in its several years of existence are MaryEllen Elia, Sue Falsone, Mary Ann E

Daemen College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$30.064M

Financial Aid Official Website

www.daemen.edu/admissions/financing-your-education/financial-aid

Among them are scholarship programs such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Alumni Grant, and Athletic Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,560,237. At DC, the total percentage of applicants who receive the Federal Grant stands at 38%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 37% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,010, and the same stands at $3,225 for State Grant awardees and $17,409 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,217. 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. 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 78% of the applicants to Daemen College opt for student loans.

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