Financial aid in the form of federal aid is provided to a student, depending on the income of the student or the student’s family. The Institute offers financial aid on the basis of family income, the family income of students is divided into five slabs.
For a student who has a family income ranging from 0 to $30,000, the average federal aid provided is $7,970 where as a student having a family income ranging from $30,001 to $48,000 the average federal aid is $6,819.
The student who has a family income ranging from $48,001 to $75,000 the average federal aid provided is $4,133 whereas the student having an annual income ranging from $75,001 to $110,000 the average federal provided is around $2,873.