Dean College Financial Aid and Scholarships
Students Receiving Aid
81%
Total Aid Amount
$23.761M
Financial Aid Official Website
www.dean.edu/aid
As many as 95% of the students at DC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,678,440 in a year. More information regarding the financial assistance schemes can be accessed on DC’s official financial aid page at http://www.dean.edu/aid. The total percentage of candidates applying to Dean College who receive the Federal Grant is 41%. In comparison, 95% of the students are awarded the Student Grant, 95% get the Institution Grant, and 40% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,608, and the same stands at $1,562 for State Grant awardees and $23,229 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,573. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $27,197 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $27,740 and $24,052, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $22,275. And, for those with a family income of more than $110,000, the amount stands at $18,178. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 80% of the applicants to Dean College opt for student loans.
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