$4,901

Avg. Federal Grant

$5,461

Avg. Federal Loan

$113,945,838

Total Aid Awarded

Auburn University (AU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$113.946M

Financial Aid Official Website

www.auburn.edu/administration/business-finance/finaid/

Students can avail of scholarships provided by the university, such as ASGC Scholarship, Alabama G.I. Dependents' Scholarship, Alumni Association Scholarship, and Board of Trustee's Scholarship, if they find educational expenses to be on the higher side. Notably, 72% of the students at Auburn University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $47,711,847. One can visit AU's financial aid page at http://www.auburn.edu/administration/business-finance/finaid/ for more information. Notably, a total of 13% of the applicants to Auburn University receive the Federal Grant every year. In comparison, 63% of the students are awarded the Student Grant, 61% get the Institution Grant, and 13% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,030, while the same comes to $4,283 for State Grant receivers and $8,457 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,677. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $11,948 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $9,975, while those falling in the $48,001-$75,000 income category get $6,954 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $4,781. And, for those with a family income of more than $110,000, the amount stands at $3,359. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 31% of the applicants to Auburn University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

14%

State Grant Aid

1%

Institution Grant Aid

62%

Pell Grant

14%

Average Aid Awarded

Federal Grant Aid

$4,901

State Grant Aid

$2,195

Institution Grant Aid

$8,910

Pell Grant

$4,661

Auburn University provides multiple aids so Total Aid Awarded is 113945838 and as per the number of students receiving total aid and about 52% of the students who applied for it receive the aid.

  • Federal Grant average aid is US$4,901,with the percentage of students receiving it standing at 14%.

  • Pell Grant average aid is US$4,661 and the percentage of students receiving it is 14%.

  • 1% of students receive State Grants that contain an average aid of US$2,195.

  • Institution Grant average aid worth an average of US$8,910 is received by 62% of students applying for it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,665

$30,001 - $48,000

$10,736

$48,001 - $75,000

$8,172

$75,001 - $110,000

$4,953

Over $110,000

$3,887

This is in the form of federal aids depending on the income of the student or the student’s family. 

The average federal aid in Auburn University is calculated according to the family income of the student. Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs.

The federal aid for a family income ranging between US$0 - 30,000 is a bit higher as the need is also high in that case so the aid provided is US$12,665. Slight change is observed with the changing range from US$30,001 - 48,000; the aid provided for it is US$10,736

For income ranges between US$48,001 - 75,000, the aid provided is US$8,172. When the income range increases the aid amount decreases to US$4,953. When Range becomes US$110,000 and more the aid amount becomes US$3,887.

Student Loans for Auburn University (AU)

Average Loan Amount Average Loan Amount received per year.

$8,275/Year

Students Taking Out Loans

32%

Loan Default Rate

3.6%

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