Davis College Financial Aid and Scholarships
Students Receiving Aid
91%
Total Aid Amount
$389.841K
Financial Aid Official Website
www.daviscollege.edu/financialaid.html
Among them are scholarship programs such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Carnegie Dartlet $10,000 Scholarship, and Community Service Scholarship for Multicultural Students. It is interesting to note that almost every student at DC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $652,770. At DC, the total percentage of applicants who receive the Federal Grant stands at 75%. On the other hand, 75% of the candidates get the Student Grant, while 75% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,394. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At DC, an estimated number of 100% of the applicants choose to go for student loans.
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