$4,510

Avg. Federal Grant

$5,476

Avg. Federal Loan

$3,038,619

Total Aid Awarded

Bowling Green State University-Firelands Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

37%

Total Aid Amount Average Total Aid Awarded per year.

$3.039M

Financial Aid Official Website

https://www.bgsu.edu/financial-aid.html

Such schemes include Dr. Allen Smith Memorial Scholarship, Education Foundation Scholarship, Educational Assistance Commitment Grant, and James R. Hunt Memorial Scholarship. As many as 84% of the students at BGSUF get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,143,435 in a year. For additional information about financial assistance schemes, one can head over to BGSUF’s financial aid page at https://www.bgsu.edu/financial-aid.html. Notably, a total of 54% of the applicants to Bowling Green State University-Firelands receive the Federal Grant every year. On the other hand, 62% of the candidates get the Student Grant, 12% receive the Institution Grant, and 54% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,766, and the same stands at $2,511 for State Grant awardees and $1,196 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,279. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At BGSUF, an estimated number of 61% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

1%

Institution Grant Aid

11%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$4,510

State Grant Aid

$3,174

Institution Grant Aid

$1,048

Pell Grant

$4,354

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,135

$30,001 - $48,000

$4,678

$48,001 - $75,000

$1,925

$75,001 - $110,000

$436

Over $110,000

$112

Student Loans for Bowling Green State University-Firelands

Average Loan Amount Average Loan Amount received per year.

$6,136/Year

Students Taking Out Loans

56%

Loan Default Rate

8.6%

Other Public Colleges