$5,425

Avg. Federal Grant

$5,183

Avg. Federal Loan

$59,888,830

Total Aid Awarded

Bucknell University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$59.889M

Financial Aid Official Website

www.bucknell.edu/x21246.xml

Such schemes include Athletic Award, Bucknell University - National Merit Scholarship, Campus Enrichment Scholarship, and Carnegie Dartlet $10,000 Scholarship. Notably, 59% of the students at Bucknell University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,314,148. Notably, a total of 10% of the applicants to Bucknell University receive the Federal Grant every year. In comparison, 52% of the students are awarded the Student Grant, 51% get the Institution Grant, and 10% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,831, and the same stands at $3,665 for State Grant awardees and $32,168 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,463. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Bucknell University, the percentage of candidates who opt to avail of student loans is around 32%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

12%

State Grant Aid

5%

Institution Grant Aid

51%

Pell Grant

12%

Average Aid Awarded

Federal Grant Aid

$5,425

State Grant Aid

$3,305

Institution Grant Aid

$32,744

Pell Grant

$4,516

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$47,645

$30,001 - $48,000

$52,751

$48,001 - $75,000

$46,473

$75,001 - $110,000

$36,287

Over $110,000

$17,179

Student Loans for Bucknell University

Average Loan Amount Average Loan Amount received per year.

$9,279/Year

Students Taking Out Loans

30%

Loan Default Rate

2.1%

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