Abraham Lincoln University (ALU) Financial Aid and Scholarships
Students Receiving Aid
2%
Total Aid Amount
$5.920K
Financial Aid Official Website
https://www.alu.edu/alu-admissions/financial-aid/
Notably, 67% of the students at Abraham Lincoln University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $101,750. At ALU, the total percentage of applicants who receive the Federal Grant stands at 56%. On the other hand, 56% of the candidates get the Student Grant, while 56% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $6,225. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Abraham Lincoln University, the percentage of candidates who opt to avail of student loans is around 56%.
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