$4,471

Avg. Federal Grant

$5,871

Avg. Federal Loan

$15,574,156

Total Aid Awarded

Avila University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$15.574M

Financial Aid Official Website

https://www.avila.edu/admission-aid/financial-aid

Such schemes include Avila University Access Missouri Financial Assistance Program, Avila University Achievement Award, Avila University Bright Flight Program, and Avila University Scholar Award. Interestingly, almost all of the students at AU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $7,581,253 in a year. For additional information about financial assistance schemes, one can head over to AU’s financial aid page at https://www.avila.edu/admission-aid/financial-aid. The total percentage of candidates applying to Avila University who receive the Federal Grant is 46%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 46% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,537, and the same stands at $1,799 for State Grant awardees and $9,297 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,292. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $14,362 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $19,362 and $17,343, respectively. Those with an annual income level of $75,001-$110,000 would receive $16,416, while candidates with more than $110,000 of family income receive an average federal aid of $15,671. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Avila University, the percentage of candidates who opt to avail of student loans is around 79%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

44%

Institution Grant Aid

99%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,471

State Grant Aid

$1,856

Institution Grant Aid

$16,431

Pell Grant

$4,282

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,437

$30,001 - $48,000

$22,734

$48,001 - $75,000

$20,982

$75,001 - $110,000

$17,373

Over $110,000

$16,743

Student Loans for Avila University

Average Loan Amount Average Loan Amount received per year.

$6,973/Year

Students Taking Out Loans

81%

Loan Default Rate

7.3%

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