Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Ashland University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


Such schemes include Alpha Beta Gamma National Business Honor Society Scholarship, Alumnus Grant, Ambassador Award, and Ashbrook Scholarship. It is interesting to note that, every year, around 99% of students at AU receive some kind of financial aid, while the total amount of assistance/loans provided is $14,806,431. More information regarding the financial assistance schemes can be accessed on AU’s official financial aid page at https://www.ashland.edu/administration/financial-aid. The total percentage of candidates applying to Ashland University who receive the Federal Grant is 36%. In comparison, 97% of the students are awarded the Student Grant, 94% get the Institution Grant, and 36% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,087, the State Grant receivers and Institution Grant beneficiaries get $2,958 and $11,083, respectively. And, for the Pell Grant awardees, the average aid amount is $4,493. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $16,957 in a year. The average aid amount stands at $15,780 for an annual family income between $30,001 and $48,000. This amount comes to $12,252 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $9,648, while candidates with more than $110,000 of family income receive an average federal aid of $10,059. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Ashland University, the percentage of candidates who opt to avail of student loans is around 81%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Ashland University

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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