Unity College Financial Aid and Scholarships
Students Receiving Aid
99%
Total Aid Amount
$9.289M
Financial Aid Official Website
https://www.unity.edu/admissions/tuition-and-financial-aid
Students can avail of scholarships provided by the college, such as Dean's Scholarship, Legacy Scholarship, Maine Difference Scholarship, and Maine Metal Products Association Scholarship, if they find educational expenses to be on the higher side. Interestingly, almost all of the students at UC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $6,136,750 in a year. For additional information about financial assistance schemes, one can head over to UC’s financial aid page at https://www.unity.edu/admissions/tuition-and-financial-aid. The total percentage of candidates applying to Unity College who receive the Federal Grant is 37%. In comparison, 100% of the students are awarded the Student Grant, 98% get the Institution Grant, and 37% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,941, the State Grant receivers and Institution Grant beneficiaries get $1,561 and $11,938, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,375. 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 $17,168 in a year. The average aid amount stands at $17,284 for an annual family income between $30,001 and $48,000. This amount comes to $15,449 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $12,249, while candidates with more than $110,000 of family income receive an average federal aid of $10,615. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At UC, an estimated number of 95% of the applicants choose to go for student loans.
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