Who gets financial aid?
There’s no such thing as a “typical” Transy student. Our students come from a wide range of socioeconomic backgrounds, and they’re all eligible for financial aid. Take a look at some examples of past financial aid award packages:
Get in touch
Phone: 859-233-8239 or 800-872-6798
Fax: 859-281-3650
FinancialAid@transy.edu
Old Morrison, 1st Floor
Hours M-F, 8:30 a.m.-5 p.m.
300 North Broadway
Lexington, Kentucky
40508-1797
Jared
Jared is from Kentucky and comes from a single-parent home with an income of $35,710 per year. His family has no assets, and his FAFSA resulted in an Expected Family Contribution of $0. He had been a good student in high school, but even with scholarships, he was still unsure he would be able to afford Transylvania. Jared decided to apply anyway.
| Transy total estimated costs | $56,620 |
| Scholarships | $17,783 |
| Grants | $13,205 |
| Work-Study | $2,100 |
| Federal Student Loans | $5,500 |
| Total Financial Aid | $38,588 |
Macey
Macey is from Kentucky, and her family has an income of $79,568 per year. She had saved some money from summer jobs, and her parents have $3,500 in assets. Macey’s FAFSA resulted in an Expected Family Contribution of $7,438. She got a 31 on her ACT and carried a 4.0 GPA in high school, and decided Transy was the right school for her.
| Transy total estimated costs | $56,620 |
| Scholarships | $23,500 |
| Grants | $5,500 |
| Work-Study | $2,100 |
| Federal Student Loans | $5,500 |
| Total Financial Aid | $36,660 |
Robert
Robert’s family is from Kentucky and has an income of $105,303 per year with $6,000 in assets. His FAFSA resulted in an Expected Family Contribution of $20,725. He got pretty good grades in high school, but he wasn’t a great test taker, so he chose to go test optional, knowing Transylvania considers more than just the ACT when considering your application.
| Transy total estimated costs | $56,620 |
| Scholarships | $10,389 |
| Grants | $10,760 |
| Work-Study | $2,100 |
| Federal Student Loans | $5,500 |
| Total Financial Aid | $28,749 |
Brandon
Brandon is from Ohio, where his family has an income of $148,836 per year, to go along with $173,170 in assets. His FAFSA resulted in an Expected Family Contribution of $46,586. He was an exceptional high school student, with a high GPA and a 32 on his ACT. He was invited to Transy’s Premier Scholarship Day, where he won a Trustees Scholarship.
| Transy total estimated costs | $56,620 |
| Scholarships | $27,000 |
| Grants | $0 |
| Work-Study | $0 |
| Federal Student Loans | $5,500 |
| Total Financial Aid | $32,500 |
Packages may vary based on submitted FAFSA data.