$4,611

Avg. Federal Grant

$6,251

Avg. Federal Loan

$17,204,323

Total Aid Awarded

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Cardinal Stritch University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$17.204M

Financial Aid Official Website

www.stritch.edu/Cost-Aid/Financial-Aid

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 $6,650,160. More information regarding the financial assistance schemes can be accessed on CSU’s official financial aid page at http://www.stritch.edu/Cost-Aid/Financial-Aid. At CSU, the total percentage of applicants who receive the Federal Grant stands at 52%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 52% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,137, while the same comes to $3,059 for State Grant receivers and $18,797 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,129. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $22,910 on average in a year. The average aid amount stands at $24,136 for an annual family income between $30,001 and $48,000. This amount comes to $22,766 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $20,404 for those with an annual family income between $75,001 and $110,000, and at $16,791 for an income more than $110,000. 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. Candidates are also required to repay these loans within a given period. At Cardinal Stritch University, the percentage of candidates who opt to avail of student loans is around 76%.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

45%

Institution Grant Aid

100%

Pell Grant

45%

Average Aid Awarded

Federal Grant Aid

$4,611

State Grant Aid

$2,782

Institution Grant Aid

$18,700

Pell Grant

$4,269

Cardinal Stritch University has provided an in-depth breakdown of the financial aid, which we have covered down below.

  • Up until today, Cardinal Stritch University has offered around $17,204,323 in the form of scholarships, grants, and student loans.
  • CSU is able to cater to the needs of 68% of the students who apply for financial aid.
  • Federal Pell Grants are offered to 45% of the students, with each student receiving $4,611 per year.
  • Around 45% of the students receive the State Grant Aid which amounts to $2,782 per student.
  • Federal Grant is also offered to 45% of the students. Each student receives an average amount of $4,269 per year.
  • Cardinal Stritch also offers Institution Grants to 100% of the students, with an average amount of $18,700 offered to each student per year.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$23,442

$30,001 - $48,000

$23,396

$48,001 - $75,000

$19,995

$75,001 - $110,000

$19,961

Over $110,000

$16,169

Cardinal Stritch University also provides financial aid based on the Annual Family Income of the student. 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 $23,442 and $23,396 respectively.

$19,995 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 $19,961. Those who earn more than $110,000 receive a noticeably smaller amount of $16,169.

Student Loans for Cardinal Stritch University

Average Loan Amount Average Loan Amount received per year.

$6,490/Year

Students Taking Out Loans

64%

Loan Default Rate

8%

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