OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Adelphi University Financial Aid and Scholarships 2022

There is a private university in Garden City, NY called Adelphi University. Adelphi University covers an area of 75 acres. In 1896, Adelphi University was founded. Keeping the pursuit of research, innovation, and excellence at the center, Adelphi University has been imparting quality education to its students. The motto of the varsity is Vita Sine Litteris Mors Est (from Epistulae morales ad Lucilium by Seneca the Younger) and its official colors are brown and gold. In addition to over 5,360 und

$5,092

Avg. Federal Grant

$5,818

Avg. Federal Loan

$82,414,774

Total Aid Awarded

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Adelphi University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$82.415M

Financial Aid Official Website

ecampus.adelphi.edu/sfs/

Among them are scholarship programs such as Adelphi University - Achievement and Investment in Merit Scholarship, Adelphi University Financial Grant, Aid to Native Americans, and Albert E. Wischmeyer Memorial Scholarship. It is interesting to note that, every year, around 94% of students at AU receive some kind of financial aid, while the total amount of assistance/loans provided is $22,354,805. For additional information about financial assistance schemes, one can head over to AU’s financial aid page at http://ecampus.adelphi.edu/sfs/. At AU, the total percentage of applicants who receive the Federal Grant stands at 31%. Meanwhile, 93% of the applicants receive the Student Grant and 91% are awarded the Institution Grant, while 31% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,197, the State Grant receivers and Institution Grant beneficiaries get $3,135 and $19,850, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,555. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $24,679 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $22,646 and $20,341, respectively. On the other hand, the average federal aid stands at $16,762 for those with an annual family income between $75,001 and $110,000, and at $16,763 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At AU, an estimated number of 53% of the applicants choose to go for student loans.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

37%

Institution Grant Aid

89%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$5,092

State Grant Aid

$2,960

Institution Grant Aid

$18,028

Pell Grant

$4,685

Financial aid breakdown helps people understand what number of students get certain aids so that they have a clear understanding of what they can expect from the university with regards to their own application.

30% of the students are awarded Federal Grant Aid which adds up to at a normal of $5,092.
30% of the students receive Pell Grants which add up to a normal of around $4,685.
37% of the students are eligible for state awards at a normal of around $2,960.
89% of the students get institutional awards which add up to a normal of around $18,028.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$24,799

$30,001 - $48,000

$22,749

$48,001 - $75,000

$20,000

$75,001 - $110,000

$18,246

Over $110,000

$16,408

Federal aid plays a major role in helping students afford college tuition and the family income of the students is an important factor in deciding which student gets what amount of federal aid.

Understanding which bracket of income the student belongs to helps them in figuring out how much federal aid they can expect from the university.

For a student who has a family income ranging from 0 to $30,000, the average federal aid provided is $24,799.
A student having a family income ranging from $30,001 to $48,000, the average federal aid is $22,749.
A student who has a family income ranging from $48,001 to $75,000, the average federal aid provided is $20,000.
A student having an annual income ranging from $75,001 to $110,000, the average federal provided is around $18,246.
And the students having an annual income range greater than $110,000, the average federal aid provided is $16,408.

Student Loans for Adelphi University

Average Loan Amount Average Loan Amount received per year.

$8,728/Year

Students Taking Out Loans

58%

Loan Default Rate

4.2%

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Approximately 58% of the students at Adelphi University take loans as a form of financial assistance for pursuing their education at the college. The average loan amount taken by students is close to $8,728 per year. The default loan rate for these borrowings is 4.2%.

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