OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Ithaca College Financial Aid and Scholarships 2022

There is a private university in Ithaca, NY called Ithaca College. Ithaca College occupies a total area of about 757 acres. In 1892, Ithaca College was founded. The motto of the Ithaca College is Commitment to Excellence and its official colors are blue, gold and gray. In addition to over 5,852 undergraduate students, IC also boasts of over 414 students in its postgraduate courses, taking the total enrollment to over 6,266 (Fall 2019). The school has a total of 721 academic staff. These facul

Ithaca College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$143.884M

Financial Aid Official Website

www.ithaca.edu/finaid/

It is interesting to note that, every year, around 97% of students at IC receive some kind of financial aid, while the total amount of assistance/loans provided is $26,745,599. More information regarding the financial assistance schemes can be accessed on IC’s official financial aid page at http://www.ithaca.edu/finaid/. Notably, a total of 22% of the applicants to Ithaca College receive the Federal Grant every year. On the other hand, 95% of the candidates get the Student Grant, 95% receive the Institution Grant, and 21% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,952, and the same stands at $3,030 for State Grant awardees and $25,526 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,822. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $38,413 on average in a year. The average aid amount stands at $35,337 for an annual family income between $30,001 and $48,000. This amount comes to $30,133 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $25,303 for those with an annual family income between $75,001 and $110,000, and at $19,572 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At IC, an estimated number of 72% of the applicants choose to go for student loans.

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