$5,342

Avg. Federal Grant

$5,439

Avg. Federal Loan

$10,975,447

Total Aid Awarded

Castleton University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$10.975M

Financial Aid Official Website

www.castleton.edu/admissions/scholarships-financial-aid/

Among them are scholarship programs such as Denton and Ann Lyon Scholarship, Emily Lester Vermont Opportunity Scholarship, Jedidiah Zabrosky Scholarship, and Kittredge Coddington Memorial Scholarship. As many as 99% of the students at CU get some sort of financial aid, and the total amount of assistance/loans provided is more than $8,414,367 in a year. Notably, a total of 39% of the applicants to Castleton University receive the Federal Grant every year. Meanwhile, 94% of the applicants receive the Student Grant and 92% are awarded the Institution Grant, while 39% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,123, while the same comes to $1,677 for State Grant receivers and $7,897 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,465. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 CU, an estimated number of 78% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

35%

Institution Grant Aid

80%

Pell Grant

40%

Average Aid Awarded

Federal Grant Aid

$5,342

State Grant Aid

$1,778

Institution Grant Aid

$5,508

Pell Grant

$4,486

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,398

$30,001 - $48,000

$10,072

$48,001 - $75,000

$7,486

$75,001 - $110,000

$3,782

Over $110,000

$2,736

Student Loans for Castleton University

Average Loan Amount Average Loan Amount received per year.

$9,604/Year

Students Taking Out Loans

77%

Loan Default Rate

5.2%

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