Bradley University Financial Aid and Scholarships
Students Receiving Aid
94%
Total Aid Amount
$79.187M
Financial Aid Official Website
www.bradley.edu/offices/other/sfs
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 $19,804,423. For additional information about financial assistance schemes, one can head over to BU’s financial aid page at http://www.bradley.edu/offices/other/sfs. The total percentage of candidates applying to Bradley University who receive the Federal Grant is 32%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 32% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,810, while the same comes to $4,626 for State Grant receivers and $17,472 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,649. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $29,178 in a year. The average aid amount stands at $27,288 for an annual family income between $30,001 and $48,000. This amount comes to $23,024 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $18,380, while candidates with more than $110,000 of family income receive an average federal aid of $13,462. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 72% of the applicants to Bradley University opt for student loans.
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