$4,850

Avg. Federal Grant

$5,187

Avg. Federal Loan

$29,071,101

Total Aid Awarded

Augusta University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$29.071M

Financial Aid Official Website

www.augusta.edu/finaid

It is interesting to note that, every year, around 93% of students at AU receive some kind of financial aid, while the total amount of assistance/loans provided is $17,304,677. The total percentage of candidates applying to Augusta University who receive the Federal Grant is 43%. On the other hand, 88% of the candidates get the Student Grant, 13% receive the Institution Grant, and 43% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,956, while the same comes to $5,598 for State Grant receivers and $10,724 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,791. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 51% of the applicants to Augusta University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

70%

Institution Grant Aid

16%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$4,850

State Grant Aid

$5,446

Institution Grant Aid

$8,967

Pell Grant

$4,682

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,743

$30,001 - $48,000

$8,028

$48,001 - $75,000

$5,940

$75,001 - $110,000

$4,516

Over $110,000

$4,597

Student Loans for Augusta University

Average Loan Amount Average Loan Amount received per year.

$5,765/Year

Students Taking Out Loans

47%

Loan Default Rate

6.1%

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