$4,738

Avg. Federal Grant

$5,823

Avg. Federal Loan

$15,360,180

Total Aid Awarded

Fisher College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

82%

Total Aid Amount Average Total Aid Awarded per year.

$15.360M

Financial Aid Official Website

www.fisher.edu/financial-aid

Notably, 94% of the students at Fisher College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,467,756. For additional information about financial assistance schemes, one can head over to FC’s financial aid page at http://www.fisher.edu/financial-aid. At FC, the total percentage of applicants who receive the Federal Grant stands at 64%. In comparison, 94% of the students are awarded the Student Grant, 89% get the Institution Grant, and 64% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,188, and the same stands at $1,557 for State Grant awardees and $19,160 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,518. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $22,444 in a year. The average aid amount stands at $20,424 for an annual family income between $30,001 and $48,000. This amount comes to $20,279 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 $17,792, while candidates with more than $110,000 of family income receive an average federal aid of $9,998. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At FC, an estimated number of 87% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

37%

Institution Grant Aid

96%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$4,738

State Grant Aid

$1,338

Institution Grant Aid

$18,272

Pell Grant

$4,521

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$25,470

$30,001 - $48,000

$25,312

$48,001 - $75,000

$23,126

$75,001 - $110,000

$22,131

Over $110,000

$11,660

Student Loans for Fisher College

Average Loan Amount Average Loan Amount received per year.

$7,007/Year

Students Taking Out Loans

88%

Loan Default Rate

12.7%

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