$4,200

Avg. Federal Grant

$10,635

Avg. Federal Loan

$9,874,269

Total Aid Awarded

Arizona Christian University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$9.874M

Financial Aid Official Website

arizonachristian.edu/admissions/financial-aid

Interestingly, almost all of the students at ACU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,442,515 in a year. For additional information about financial assistance schemes, one can head over to ACU’s financial aid page at http://arizonachristian.edu/admissions/financial-aid. Notably, a total of 64% of the applicants to Arizona Christian University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 92% get the Institution Grant, and 61% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,772. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $14,524 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $13,161, while those falling in the $48,001-$75,000 income category get $15,080 a year. On the other hand, the average federal aid stands at $13,530 for those with an annual family income between $75,001 and $110,000, and at $13,384 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 90% of the applicants to Arizona Christian University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

N/A

Institution Grant Aid

100%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,200

State Grant Aid

N/A

Institution Grant Aid

$13,632

Pell Grant

$4,200

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,670

$30,001 - $48,000

$16,996

$48,001 - $75,000

$15,874

$75,001 - $110,000

$16,590

Over $110,000

$16,435

Student Loans for Arizona Christian University

Average Loan Amount Average Loan Amount received per year.

$10,530/Year

Students Taking Out Loans

77%

Loan Default Rate

12.1%

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