Bloomsburg University of Pennsylvania Financial Aid and Scholarships 2022

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.