Ashland University Financial Aid and Scholarships
Students Receiving Aid
65%
Total Aid Amount
$32.100M
Financial Aid Official Website
https://www.ashland.edu/administration/financial-aid
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%.
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