Centenary University Financial Aid and Scholarships
Students Receiving Aid
82%
Total Aid Amount
$24.581M
Financial Aid Official Website
www.centenaryuniversity.edu/admission-aid/tuition-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 $5,602,557. Notably, a total of 46% of the applicants to Centenary University receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 46% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,198, while the same comes to $10,577 for State Grant receivers and $19,011 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,663. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Centenary University, the percentage of candidates who opt to avail of student loans is around 69%.
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