Chapman University Financial Aid and Scholarships
Students Receiving Aid
81%
Total Aid Amount
$134.126M
Financial Aid Official Website
https://www.chapman.edu/students/tuition-and-aid/financial-aid/index.aspx
Notably, 87% of the students at Chapman University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $23,238,840. One can visit CU's financial aid page at https://www.chapman.edu/students/tuition-and-aid/financial-aid/index.aspx for more information. The total percentage of candidates applying to Chapman University who receive the Federal Grant is 17%. On the other hand, 85% of the candidates get the Student Grant, 85% receive the Institution Grant, and 17% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,838, while the same comes to $8,966 for State Grant receivers and $25,523 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,638. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $33,347 per year. The average aid amount stands at $33,289 for an annual family income between $30,001 and $48,000. This amount comes to $32,165 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $29,721, while candidates with more than $110,000 of family income receive an average federal aid of $21,673. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Chapman University, the percentage of candidates who opt to avail of student loans is around 58%.