$4,602

Avg. Federal Grant

$5,249

Avg. Federal Loan

$19,767,610

Total Aid Awarded

Cazenovia College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$19.768M

Financial Aid Official Website

www.cazenovia.edu/admissions/enrollment-services/financial-aid

Students can avail of scholarships provided by the college, such as 1824 Scholarship, Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, and Carnegie Dartlet $10,000 Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at CC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,809,697. More information regarding the financial assistance schemes can be accessed on CC’s official financial aid page at http://www.cazenovia.edu/admissions/enrollment-services/financial-aid. The total percentage of candidates applying to Cazenovia College who receive the Federal Grant is 67%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 56% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,659, while the same comes to $4,521 for State Grant receivers and $26,832 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,815. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $38,820 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $35,741, while those falling in the $48,001-$75,000 income category get $30,585 a year. Those with an annual income level of $75,001-$110,000 would receive $27,404, while candidates with more than $110,000 of family income receive an average federal aid of $23,157. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 89% of the applicants to Cazenovia College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

52%

Institution Grant Aid

100%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,602

State Grant Aid

$5,912

Institution Grant Aid

$25,078

Pell Grant

$4,924

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,779

$30,001 - $48,000

$10,543

$48,001 - $75,000

$9,039

$75,001 - $110,000

$7,690

Over $110,000

$4,589

Student Loans for Cazenovia College

Average Loan Amount Average Loan Amount received per year.

$7,640/Year

Students Taking Out Loans

87%

Loan Default Rate

10.3%

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