Dickinson College Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$59.547M
Financial Aid Official Website
www.dickinson.edu/homepage/281/tuition_and_aid_overview
Among them are scholarship programs such as Benjamin Rush Scholarship, Dickinson College - National Merit Scholarship, John Dickinson Scholarship, and John Montgomery Scholarship. As many as 84% of the students at DC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,155,363 in a year. For additional information about financial assistance schemes, one can head over to DC’s financial aid page at http://www.dickinson.edu/homepage/281/tuition_and_aid_overview. Notably, a total of 16% of the applicants to Dickinson College receive the Federal Grant every year. In comparison, 82% of the students are awarded the Student Grant, 82% get the Institution Grant, and 16% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,896, and the same stands at $3,052 for State Grant awardees and $36,767 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,659. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $56,459 in a year. The average aid amount stands at $54,727 for an annual family income between $30,001 and $48,000. This amount comes to $50,257 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 $42,419, while candidates with more than $110,000 of family income receive an average federal aid of $26,272. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. At Dickinson College, the percentage of candidates who opt to avail of student loans is around 56%.
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