$4,784

Avg. Federal Grant

$5,413

Avg. Federal Loan

$14,200,442

Total Aid Awarded

Bluffton University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$14.200M

Financial Aid Official Website

www.bluffton.edu/admission/financialaid

Students can avail of scholarships provided by the university, such as Academic Distinction Scholarship, Academic Honors Scholarship, Art Scholarship, and Bluffton Incentive Scholarship, if they find educational expenses to be on the higher side. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,637,436. One can visit BU's financial aid page at http://www.bluffton.edu/admission/financialaid for more information. At BU, the total percentage of applicants who receive the Federal Grant stands at 44%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 42% get the Pell Grant. While the Federal Grant awardees receive an average aid of $3,962, the State Grant receivers and Institution Grant beneficiaries get $2,499 and $18,567, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,272. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $22,932 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $22,370 and $21,287, respectively. On the other hand, the average federal aid stands at $17,620 for those with an annual family income between $75,001 and $110,000, and at $17,579 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 79% of the applicants to Bluffton University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

29%

Institution Grant Aid

100%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,784

State Grant Aid

$2,744

Institution Grant Aid

$16,502

Pell Grant

$4,338

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,161

$30,001 - $48,000

$21,256

$48,001 - $75,000

$19,668

$75,001 - $110,000

$18,522

Over $110,000

$17,496

Student Loans for Bluffton University

Average Loan Amount Average Loan Amount received per year.

$7,541/Year

Students Taking Out Loans

87%

Loan Default Rate

6.8%

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