$4,481

Avg. Federal Grant

$5,297

Avg. Federal Loan

$28,706,034

Total Aid Awarded

Bloomsburg University of Pennsylvania Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$28.706M

Financial Aid Official Website

www.bloomu.edu/aid

It is interesting to note that, every year, around 90% of students at BUP receive some kind of financial aid, while the total amount of assistance/loans provided is $36,215,153. The total percentage of candidates applying to Bloomsburg University of Pennsylvania who receive the Federal Grant is 35%. Meanwhile, 60% of the applicants receive the Student Grant and 18% are awarded the Institution Grant, while 35% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,485, the State Grant receivers and Institution Grant beneficiaries get $2,783 and $3,954, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,323. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At BUP, an estimated number of 79% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

37%

Institution Grant Aid

15%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$4,481

State Grant Aid

$2,908

Institution Grant Aid

$4,117

Pell Grant

$4,291

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,402

$30,001 - $48,000

$7,665

$48,001 - $75,000

$3,998

$75,001 - $110,000

$1,169

Over $110,000

$647

Student Loans for Bloomsburg University of Pennsylvania

Average Loan Amount Average Loan Amount received per year.

$8,364/Year

Students Taking Out Loans

79%

Loan Default Rate

7%

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