Clark Atlanta University (CAU) Financial Aid and Scholarships
Students Receiving Aid
82%
Total Aid Amount
$28.503M
Financial Aid Official Website
www.cau.edu/financialaid/index.html
Such schemes include Constance L. Lloyd/ACMPE Scholarship, Development Fund for Black Students in Science and Technology Scholarship, Georgia Public Safety Memorial Grant, and Georgia Tuition Equalization Grant. It is interesting to note that, every year, around 97% of students at CAU receive some kind of financial aid, while the total amount of assistance/loans provided is $19,755,465. For additional information about financial assistance schemes, one can head over to CAU’s financial aid page at http://www.cau.edu/financialaid/index.html. At CAU, the total percentage of applicants who receive the Federal Grant stands at 66%. In comparison, 81% of the students are awarded the Student Grant, 28% get the Institution Grant, and 66% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,280, and the same stands at $3,234 for State Grant awardees and $15,088 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,126. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $5,665 on average in a year. The average aid amount stands at $4,257 for an annual family income between $30,001 and $48,000. This amount comes to $1,386 for those who fall under the $48,001-$75,000 family income bracket. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CAU, an estimated number of 87% of the applicants choose to go for student loans.
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