$4,837

Avg. Federal Grant

$5,160

Avg. Federal Loan

$33,032,472

Total Aid Awarded

Angelo State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$33.032M

Financial Aid Official Website

www.angelo.edu/services/financial_aid/

Angelo State University offers an extensive guide for the financial issue and the financial choices, so that every student has the chance to prevail at the university.

The University aims to provide financial aid to every deserving and qualified student. Around 60% of the students on an average receive financial aid from the university. The university provides several scholarships and defines scholarship as a form of gift assistance that does not need to be repaid.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

63%

Institution Grant Aid

64%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,837

State Grant Aid

$3,301

Institution Grant Aid

$2,417

Pell Grant

$4,831

The table here provides the details about the financial aid offered by the Angelo State University and is broadly divided into four, Federal Grants, Pell Grants, State Grants and Institutional Grants to be correctly named. Among all the grants provides by the university the maximum percentage of contribution is by the Institutional Grant Aid which covers almost 64% of the student and the average amount of the grant stands at $2,417.

The state grants covers about 63% of the students which stands at seconds in terms of coverage with an average aid amount of $3,301.

Lastly the Federal grants and the Pell grants cover about 49% of the student population each and the average grant aid provided under the Federal grant aid and Pell grant aid are $4,837 and $4,831 respectively.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,679

$30,001 - $48,000

$7,867

$48,001 - $75,000

$4,529

$75,001 - $110,000

$1,119

Over $110,000

$238

The table mentioned here describes briefly the variation in the federal aid provided to the needy students based on the annual family income of the families from which they belong to. It shows the gradual decrease in the federal aid as the family income of the students rises. The family income is an indicator of the financial status of the student’s families, a better financial status means better is the ability to tackle the educational expenses and less is the financial aid needed. The students from families with an annual family income of under $30,000 receive federal aid of $9,679 whereas the students with a family income of $48,001 to $75,000 receives $4,529 as federal aid which is quite less. This federal aid amount stands to $238 only if the family income of the students is more than $110,000.

Student Loans for Angelo State University

Average Loan Amount Average Loan Amount received per year.

$5,574/Year

Students Taking Out Loans

52%

Loan Default Rate

10.4%

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