It is clearly mentioned in the above table that a student from a low-income family is likely to expect a higher amount of financial aid provided. Down below, we have provided an in-depth breakdown of the Federal Aid based on Family Income. Students whose family income is below $30,000 or falls in between $30,000 and $48,000 may avail an average aid amount of $42,127 and $41,030 respectively.
$36,014 is offered to students whose family income lies between $48,001 and $75,000. Higher-income groups receive a substantially lesser amount. Families whose earnings lie between $75,001 and $110,000 receive a lower amount of $30,975. Those who earn more than $110,000 receive a noticeably smaller amount of $25,887.