As shown in the table lower the family income higher is the amount of aid one can expect to receive. For a student who has a family income ranging from 0 to $30,000, the average federal aid provided is $12,945 whereas a student having a family income ranging from $30,001 to $48,000 the average federal aid is $11,333.
The student who has a family income ranging from $48,001 to $75,000 the average federal aid provided is $5,782 whereas the student having an annual income ranging from $75,001 to $110,000 the average federal provided is around $1,507. And the student has an annual income range greater than $110,000, the average federal aid provided is $631. This helps students who are coming from low-income homes to pay for their degrees.