$6,017

Avg. Federal Grant

$5,326

Avg. Federal Loan

$15,415,039

Total Aid Awarded

Chicago State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$15.415M

Financial Aid Official Website

www.csu.edu/financialaid/

As many as 98% of the students at CSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $14,776,655 in a year. The total percentage of candidates applying to Chicago State University who receive the Federal Grant is 88%. On the other hand, 98% of the candidates get the Student Grant, 44% receive the Institution Grant, and 88% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,161, while the same comes to $3,906 for State Grant receivers and $12,047 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,898. 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. 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. Candidates are also required to repay these loans within a given period. Every year, around 95% of the applicants to Chicago State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

49%

Institution Grant Aid

52%

Pell Grant

79%

Average Aid Awarded

Federal Grant Aid

$6,017

State Grant Aid

$3,452

Institution Grant Aid

$10,755

Pell Grant

$5,504

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,413

$30,001 - $48,000

$6,816

$48,001 - $75,000

$6,420

$75,001 - $110,000

$4,145

Over $110,000

$2,667

Student Loans for Chicago State University

Average Loan Amount Average Loan Amount received per year.

$5,483/Year

Students Taking Out Loans

91%

Loan Default Rate

12.3%

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