OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Butler University Financial Aid and Scholarships 2022

There is a private university in Indianapolis, IN called Butler University. Butler University occupies a total area of about 295 acres. It was in 1855 when the Butler University was founded. Butler University believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Education, Research, Service and its official colors are butler blue and white. In addition to over 4,887 undergraduate students, BU

Butler University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$78.092M

Financial Aid Official Website

butler.edu/financial-aid

It is interesting to note that, every year, around 95% of students at BU receive some kind of financial aid, while the total amount of assistance/loans provided is $14,064,719. More information regarding the financial assistance schemes can be accessed on BU’s official financial aid page at http://butler.edu/financial-aid. Notably, a total of 14% of the applicants to Butler University receive the Federal Grant every year. In comparison, 94% of the students are awarded the Student Grant, 93% get the Institution Grant, and 14% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,375, while the same comes to $7,065 for State Grant receivers and $18,129 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,587. 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 $24,802 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $22,732 and $22,103, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $18,282. And, for those with a family income of more than $110,000, the amount stands at $14,978. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Butler University, the percentage of candidates who opt to avail of student loans is around 48%.

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