Alderson Broaddus University Financial Aid and Scholarships
Students Receiving Aid
98%
Total Aid Amount
$16.844M
Financial Aid Official Website
ab.edu/financial-aid/
It is interesting to note that, every year, around 99% of students at ABU receive some kind of financial aid, while the total amount of assistance/loans provided is $6,558,955. Notably, a total of 59% of the applicants to Alderson Broaddus University receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 59% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,931, while the same comes to $2,806 for State Grant receivers and $17,051 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,715. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Alderson Broaddus University, the percentage of candidates who opt to avail of student loans is around 88%.
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