Financial aid based on family income is provided to students based on their income per annum. There is a difference in the federal aid as per the income because of certain requirements and formalities as per the federal guidelines.
The families whose income range between $0 - $30,000 receives an average of $6,012 for Federal Aid per year.
A family receives an average Federal Aid of $6,559 for income ranges falling between $30,001 - $48,000.
The family with income ranges between $48,001 - $75,000 has an average Federal Aid of $5,848.
Similarly, the family’s average Federal Aid is $400 with an income range between $30,001 - $48,000.
And the family with income over $110,000 the average Federal Aid received is $6,681.