OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Springfield College Financial Aid and Scholarships 2022

Springfield College, which is located in Springfield, MA is a private university. It was in 1885 when the Springfield College was founded. Notably, the official colors of the university are maroon and white. In addition to over 2,227 undergraduate students, SC also boasts of over 1019 students in its postgraduate courses, taking the total enrollment to over 3,246. To teach various courses to the students, the school has employed a total of 295 faculty. Around 98% of the students are 24 and un

Springfield College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$45.980M

Financial Aid Official Website

www.springfield.edu/admissions/financial-aid

Such schemes include Access to Better Learning and Education Grant Program (ABLE), Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, and Heriberto Flores Scholarship. Notably, 99% of the students at Springfield College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,732,860. More information regarding the financial assistance schemes can be accessed on SC’s official financial aid page at http://www.springfield.edu/admissions/financial-aid. The total percentage of candidates applying to Springfield College who receive the Federal Grant is 25%. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 25% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,609, and the same stands at $2,323 for State Grant awardees and $21,125 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,368. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $30,226 in a year. The average aid amount stands at $28,876 for an annual family income between $30,001 and $48,000. This amount comes to $27,502 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $22,656. And, for those with a family income of more than $110,000, the amount stands at $16,204. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 80% of the applicants to Springfield College opt for student loans.

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