$4,051

Avg. Federal Grant

$6,839

Avg. Federal Loan

$31,393,931

Total Aid Awarded

Capella University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$31.394M

Financial Aid Official Website

www.capella.edu/tuition-financial-aid/

If the cost of the university seems intimidating, there are lots of ways through which you can reduce the overall expense of your education at Capella which includes grants, work-study programs and loans. They have financing coaches that help the students to find ways to pay for college without acquiring immense debt.

Additionally, they will pay out your funds late in the third week of courses if you’re enrolled at least half time, have posted in the courtroom during the first week, and have met all other aid eligibility requirements. After applying the award to your outstanding balance, they’ll refund any excess to you to accept or return.

The total aid awarded by  Capella University is $31,393,931.

Financial assistance is provided by the Community organizations, national foundations, and professional associations to competent students based on financial need, personal background, or chosen field of study. The eligibility for the aid is not based on financial need and moreover Capella scholarships do not require reimbursement at any time.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

8%

Institution Grant Aid

33%

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$4,051

State Grant Aid

$621

Institution Grant Aid

$805

Pell Grant

$3,801

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants with federal grants having the highest percentage contribution of 80% with an average aid amount being $4,051. Pell grants have a percentage of 80% with an average aid amount of $3,801 which is higher than the State grant aid average of $621, which is awarded to only 8% of the students. Institutional grants on the other hand are awarded to 33% of the students, with each student receiving an average of $805.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,627

$30,001 - $48,000

$3,711

$48,001 - $75,000

$4,048

$75,001 - $110,000

$3,219

Over $110,000

$2,633

Down below, we have provided an in-depth breakdown of the Federal Aid based on Family Income. Students whose family income is below $30,000 or falls in between $30,000 and $48,000 may avail an average aid amount of $4,627 and $3,711 respectively.

$4,048 is offered to students whose family income lies between $48,001 and $75,000. Higher-income groups receive a substantially lesser amount. Families whose earnings lie between $75,001 and $110,000 receive a lower amount of $3,219. Those who earn more than $110,000 receive a noticeably smaller amount of $2,633.

Student Loans for Capella University

Average Loan Amount Average Loan Amount received per year.

$6,839/Year

Students Taking Out Loans

50%

Loan Default Rate

6%

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