Appalachian State University Financial Aid and Scholarships 2021

Notably, 70% of the students at Appalachian State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $50,265,031. Notably, a total of 27% of the applicants to Appalachian State University receive the Federal Grant every year. On the other hand, 39% of the candidates get the Student Grant, 36% receive the Institution Grant, and 27% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,717, and the same stands at $3,093 for State Grant awardees and $3,786 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,665. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Appalachian State University, the percentage of candidates who opt to avail of student loans is around 50%.