$5,598

Avg. Federal Grant

$4,043

Avg. Federal Loan

$59,546,817

Total Aid Awarded

Dickinson College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

12%

State Grant Aid

4%

Institution Grant Aid

73%

Pell Grant

12%

Average Aid Awarded

Federal Grant Aid

$5,598

State Grant Aid

$2,231

Institution Grant Aid

$34,652

Pell Grant

$4,570

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$54,323

$30,001 - $48,000

$56,507

$48,001 - $75,000

$49,042

$75,001 - $110,000

$40,177

Over $110,000

$27,034

Student Loans for Dickinson College

Average Loan Amount Average Loan Amount received per year.

$6,127/Year

Students Taking Out Loans

50%

Loan Default Rate

1.9%

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