$5,992

Avg. Federal Grant

$5,790

Avg. Federal Loan

$67,417,698

Total Aid Awarded

The Catholic University of America (CUA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$67.418M

Financial Aid Official Website

https://www.catholic.edu/admission/undergraduate/first-year-students/financial-aid

It is interesting to note that, every year, around 97% of students at TCUA receive some kind of financial aid, while the total amount of assistance/loans provided is $10,465,286. One can visit TCUA's financial aid page at https://www.catholic.edu/admission/undergraduate/first-year-students/financial-aid for more information. At TCUA, the total percentage of applicants who receive the Federal Grant stands at 13%. On the other hand, 97% of the candidates get the Student Grant, 97% receive the Institution Grant, and 13% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,171, the State Grant receivers and Institution Grant beneficiaries get $1,635 and $26,373, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,609. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $34,392 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $35,312, while those falling in the $48,001-$75,000 income category get $34,058 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $29,173. And, for those with a family income of more than $110,000, the amount stands at $22,433. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At TCUA, an estimated number of 55% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

12%

State Grant Aid

3%

Institution Grant Aid

95%

Pell Grant

12%

Average Aid Awarded

Federal Grant Aid

$5,992

State Grant Aid

$1,093

Institution Grant Aid

$24,817

Pell Grant

$4,328

Financial Aid breakdown is very crucial for any student and family to get the general idea of how good is the university in providing aid to their students, how many percentages of students receive what kind of aid, what is the most popular trend of financial aid at the university. The financial aid breakdown is based on various factors such as expected family income, cost of attendance, financial aid eligibility, etc.

  • Up until today, CUA has offered around $67,417,698 in the form of scholarships, grants, and student loans.
  • CUA is able to cater to the needs of 86% of the students who apply for financial aid.
  • Approximately, 12% of the student receives a pell grant, which amounts to an average of $4,328.
  • Only 3% of students receive state grants, with just an average of $1093.
  • 95% of the students receive the institutional grant at an average of $24,817.
  • 12% of the student also receives Federal Grant aid amounting to an average of $5,992 per student.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$30,592

$30,001 - $48,000

$33,463

$48,001 - $75,000

$31,119

$75,001 - $110,000

$27,972

Over $110,000

$24,297

To take a decision on which university to choose is very vital for any student and family because it requires lots of analysis to understand and determine which college falls in the point of their income group and what kind of financial aid they receive. That is why the financial breakdown is performed for family incomes, which have been categorized into 5 income groups. This can potentially help you in making decisions on which financial aid to apply for, and can also help give you a clearer picture of the overall analysis.

The average federal assistance received for a student with a family income ranging from $0-$30,000 is $30,592, while a student with a family income ranging from $ 30,001-$48,000 is $33,463. The student has a family income ranging from $48,001-$75,000; the average federal aid received by them is $31,119. In contrast, the student with an annual income ranging from $75,001-$110,000 the average federal aid is around $27,972 is given. The student has an annual income level of over $110,000; the average amount of federal aid provided is $24,297 which decreased sharply by the previous income range group.

Student Loans for The Catholic University of America (CUA)

Average Loan Amount Average Loan Amount received per year.

$9,719/Year

Students Taking Out Loans

61%

Loan Default Rate

2%

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