$4,543

Avg. Federal Grant

$5,485

Avg. Federal Loan

$33,665,628

Total Aid Awarded

Cabrini University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$33.666M

Financial Aid Official Website

www.cabrini.edu/financialaid

Students can avail of scholarships provided by the university, such as Academic Achievement Awards, Alumni Scholarship, Joseph P. Gavenonis Scholarship, and Ohio College Opportunity Grant, 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 $8,038,681. The total percentage of candidates applying to Cabrini University who receive the Federal Grant is 53%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 53% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,608, and the same stands at $3,703 for State Grant awardees and $18,412 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,030. 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. 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 83% of the applicants to Cabrini University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

45%

Institution Grant Aid

99%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,543

State Grant Aid

$3,760

Institution Grant Aid

$16,263

Pell Grant

$4,595

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,031

$30,001 - $48,000

$19,898

$48,001 - $75,000

$20,343

$75,001 - $110,000

$19,865

Over $110,000

$16,622

Student Loans for Cabrini University

Average Loan Amount Average Loan Amount received per year.

$8,034/Year

Students Taking Out Loans

82%

Loan Default Rate

8.2%

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