Cornish College of the Arts Financial Aid and Scholarships
Students Receiving Aid
99%
Total Aid Amount
$12.874M
Financial Aid Official Website
www.cornish.edu/finaid/
Students can avail of scholarships provided by the college, such as American Indian Endowed Scholarship, Bobbi McCallum Scholarship, Carnegie Dartlet $10,000 Scholarship, and Cornish College of the Arts - State Need Grant (SNG), if they find educational expenses to be on the higher side. Interestingly, almost all of the students at CCA receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,708,028 in a year. At CCA, the total percentage of applicants who receive the Federal Grant stands at 33%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 33% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,094, while the same comes to $10,325 for State Grant receivers and $15,891 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,605. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CCA, an estimated number of 90% of the applicants choose to go for student loans.
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