$4,383

Avg. Federal Grant

$8,221

Avg. Federal Loan

$1,173,153

Total Aid Awarded

Fremont College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$1.173M

Financial Aid Official Website

https://www.fremont.edu/financial-aid

Notably, 87% of the students at Fremont College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,925,604. The total percentage of candidates applying to Fremont College who receive the Federal Grant is 78%. Meanwhile, 78% of the applicants receive the Student Grant and 2% are awarded the Institution Grant, while 78% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,937. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Fremont College, the percentage of candidates who opt to avail of student loans is around 81%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

1%

Institution Grant Aid

1%

Pell Grant

79%

Average Aid Awarded

Federal Grant Aid

$4,383

State Grant Aid

$1,250

Institution Grant Aid

$2,000

Pell Grant

$4,328

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,772

$30,001 - $48,000

$6,847

$48,001 - $75,000

$3,264

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Fremont College

Average Loan Amount Average Loan Amount received per year.

$8,221/Year

Students Taking Out Loans

70%

Loan Default Rate

15.1%

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