$5,432

Avg. Federal Grant

$5,237

Avg. Federal Loan

$78,310,831

Total Aid Awarded

Manhattan College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$78.311M

Financial Aid Official Website

manhattan.edu/admissions/undergraduate/pay-for-college

Financial aid at Manhattan college makes sure that the education is affordable to every student.

Manhattan College provides the maximum financial aid available to eligible students and then they are selected based on  financial need or merit in academic performance or extracurricular talents.Additionally, Manhattan College also encompasses a variety of grants, scholarships, and other awards. There is a guidance counselor and an expert available from the office of financial aid that will guide you to fetch the suitable scholarship for you.

The total aid awarded by Irvine Valley college  is $78,310,831. 

Applying for scholarships is an excellent way to save on your tuition bill. Manhattan College funds a variety of scholarships, which are available to help you pay for college.  Additionally,the Scholarships can only apply towards tuition. It does not apply towards room & board.

Some of the scholarships are listed below-

  • Presidential Scholarships
  • Performing Arts Scholarship
  • QuadrangleScholarship
  • Business Achievement Award
  • Education Award

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

20%

Institution Grant Aid

96%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$5,432

State Grant Aid

$2,333

Institution Grant Aid

$20,230

Pell Grant

$4,923

As shown in the table the  institutional grants have a high percentage as compared to other grants which is 96% contributing an aid of $20230. The Federal grant aid,pell grant aid and state grant aid percentages contribute 32%,32% and 20% with the federal grant average aid being the highest which is $5432.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$31,340

$30,001 - $48,000

$28,900

$48,001 - $75,000

$26,964

$75,001 - $110,000

$26,873

Over $110,000

$26,288

As we all are aware of the fact that the family whose earning is low will require more amount of financial help from federal, state, institution, or any other financial aid organizations so that they can bear the cost of the college or university and the burden gets reduced.

So while allocating the financial aid amount to the student, family income is one of the most important factors taken into consideration. This section gives the average aid amount provided to the family based on family income. 

  • Family income less than $30,000 the total aid amount received is $31,340. Whereas when the income rises to between $30,001 to $48,000 the average aid amount is $28,900.

  • As the income increases further to between $48,001 to $75,000 the aid amount gets reduced to $26,964. 

  • The aid amount reduces to $26,873 for those who fall in the income bracket of $75,001 to $110,000. 

  • The average aid amount is the least for a family earning $110,000 with an amount of $26,288.

Student Loans for Manhattan College

Average Loan Amount Average Loan Amount received per year.

$7,610/Year

Students Taking Out Loans

73%

Loan Default Rate

3.7%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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