OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Cleveland State University (CSU) Financial Aid and Scholarships 2022

Online Education at CSU

The university offers eLearning programs for the students to learn and pursue an education at any time of the day. The online programs are designed to meet the requirements of the students, offering a flexible structure for the students to learn and study when it is most convenient for them.

The faculty and instructors of the online eLearning programs are the same as the traditional on-campus staff.

The programs offered by the

$6,653

Avg. Federal Grant

$5,182

Avg. Federal Loan

$54,532,928

Total Aid Awarded

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Cleveland State University (CSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$54.533M

Financial Aid Official Website

www.csuohio.edu/financial-aid/financial-aid

At Cleveland State University, they are committed to making your educational investment as accessible and affordable as possible for everyone. Degree-seeking students who are enrolled at least half time may be eligible for financial aid. That is the reason why they work intimately with people and families to locate the correct financing choices, offer grant and help openings, and host monetary health programs for students and guardians.

About 63% of the total students receive financial aid every year, the amount of which comes to around $54,532,928.

Students who wish to use Cleveland State University financial aid must fill a Free Application for Federal Student Aid (FAFSA).

Scholarships

Scholarships are financial aid that is rewarded to meritorious students who might or might not be in need of finances. Here are some of the scholarships that CSU students can receive:

Honors Program (Incoming Freshmen)
President’s Award
Provost’s Award
Freshman Scholar, Level 1
CSU Opportunity Scholar (for in-state or out-state students)
Magnus Award (for out of state students)
Viking Award (for out of state students)
Green & White Award (for out of state students)
Athletic Scholarships (Division I)

To know more about these scholarships and more, click here.

Grants

Grants are part of gift aid which are given to students who require financial help to complete their studies in the university. Here are a few grant options that are available to CSU students:

Federal Pell Grant
Federal Supplemental Educational Opportunity Grant (FSEOG)
Ohio College Opportunity Grant (OCOG)
Teacher Education Assistance for College and Higher Education (TEACH) Grant
PNC Last Mile Grant

To know more about these grants, click here.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

39%

Institution Grant Aid

54%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$6,653

State Grant Aid

$1,999

Institution Grant Aid

$5,111

Pell Grant

$6,462

Here is a detailed breakdown of the financial aids that you can expect to receive at CSU. On an average, almost 63% of students get financial aids.

Approximately 46% of the students get Federal Grant Aid, which comes to around $6,653.
The same percentage of students receive the Pell Grant aid, which is 46% of the student population. The amount comes up to $6,462.
39% of the students are entitled to State Grant Aid, the amount for which is somewhere around $1,999.
The most percentage of students at 54% receive institutional aids. The amount for this aid is around $5,111.
A staggering 62% of the students take a loan at the default rate of 8.3%, the amount for which is $6,197 approximately.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,365

$30,001 - $48,000

$9,396

$48,001 - $75,000

$5,946

$75,001 - $110,000

$3,288

Over $110,000

$3,033

As we have mentioned earlier, the financial aids are given based on financial needs too. Keeping that in mind, here is a breakdown of the amounts that students from different income groups can expect. In the income group of $0-$30,000, students can expect aids of approximately $11,365. For the next scale, which is $30,001-$48,000, the students receive grants of $9,296 on an average. Unfortunately, however, as the scales keep increasing, the grants keep decreasing quite a bit. The next scale, which is $48,001-$75,001, students can expect grants of about $5,946. The higher the scale, the drastic the difference. This can be noticed as the scale of $75,001-$110,000, the grant only covers $3,288, and the last cap which is anything above $110,000, the grant comes up to only $3,033.

Student Loans for Cleveland State University (CSU)

Average Loan Amount Average Loan Amount received per year.

$6,197/Year

Students Taking Out Loans

62%

Loan Default Rate

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Student loans, unlike the financial aid options we have discussed earlier, is part of self-help aid, which refers to aids that are repayable and have to be returned to the lenders, at time with interest charges. EVen though there are multiple sources that provide student loans, it is advisable to consider Federal Loan options first. Here are some loan options available to the students of Cleveland State University:

Federal Direct Stafford Loan
Federal Direct Parent PLUS Loan
Alternate Loans (private loans)

To know more about these loans, you can click here.

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