$5,122

Avg. Federal Grant

$6,252

Avg. Federal Loan

$56,009,622

Total Aid Awarded

Capital University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$56.010M

Financial Aid Official Website

www.capital.edu/finaid/

Among them are scholarship programs such as Battelle Scholarship, Brockman Fellowship, Capital Scholars Award, and Collegiate Fellowship. Interestingly, almost all of the students at CU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $15,517,380 in a year. For additional information about financial assistance schemes, one can head over to CU’s financial aid page at http://www.capital.edu/finaid/. At CU, the total percentage of applicants who receive the Federal Grant stands at 33%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 33% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,150, while the same comes to $2,604 for State Grant receivers and $24,404 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,626. 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 $27,909 in a year. The average aid amount stands at $27,739 for an annual family income between $30,001 and $48,000. This amount comes to $25,802 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $24,371. And, for those with a family income of more than $110,000, the amount stands at $24,210. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 95% of the applicants to Capital University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

23%

Institution Grant Aid

100%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$5,122

State Grant Aid

$2,824

Institution Grant Aid

$22,561

Pell Grant

$4,622

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$28,972

$30,001 - $48,000

$27,256

$48,001 - $75,000

$27,574

$75,001 - $110,000

$25,171

Over $110,000

$21,902

Student Loans for Capital University

Average Loan Amount Average Loan Amount received per year.

$7,484/Year

Students Taking Out Loans

96%

Loan Default Rate

4.2%

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