$5,255

Avg. Federal Grant

$4,948

Avg. Federal Loan

$366,167,416

Total Aid Awarded

Arizona State University (ASU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$366.167M

Financial Aid Official Website

https://students.asu.edu/contact/financialaid

Arizona State University ASU, Tempe, Arizona, Downtown financial aid is basically to provide students financial help that they need to complete their education and get their degree.

The table below shows the breakdown of the financial aid that includes federal grants, pell grants, state grants, and institutional grants.

Filing for FAFSA form is of utmost importance for meeting the requirements if applying for any kind of aid such as scholarships, grants, loans, work-study programs.

The total aid awarded is $366,167,416 and the percentage of students receiving the aid is 77%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

1%

Institution Grant Aid

92%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$5,255

State Grant Aid

$1,694

Institution Grant Aid

$10,488

Pell Grant

$4,712

With Institutional grants having the highest contribution percentage of 92% with an average aid amount of $10,488. Federal and pell grants having the contribution percentage of 30% with an average aid of $5,255 and $4,712 respectively and state grant having 1% with the amount of $1,694.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,321

$30,001 - $48,000

$17,155

$48,001 - $75,000

$11,627

$75,001 - $110,000

$8,807

Over $110,000

$6,720

Here the table shows that lower the family income higher the financial aid is provided. It is basically to help the students get the degree irrespective of their financial background. However, eligibility depends on certain financial requirements to receive the above mentioned various aids.

For those whose family income is under $30,000 they can expect the highest amount of aid that is $18,321, family income between $30,001 - $48,000 can expect the aid of $17,155, family income between $48,001 - $75,000 can expect $11,627 and for $75,001-$110,000 gets the aid of $8,807 and family income over $110,000 can expect the amount of $6,720 that is the lowest amount of aid provided.

Student Loans for Arizona State University (ASU)

Average Loan Amount Average Loan Amount received per year.

$6,636/Year

Students Taking Out Loans

34%

Loan Default Rate

N/A

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