$5,296

Avg. Federal Grant

$5,623

Avg. Federal Loan

$14,527,825

Total Aid Awarded

College of Saint Elizabeth Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$14.528M

Financial Aid Official Website

www.cse.edu/admissions/financial-aid/

Notably, 98% of the students at College of Saint Elizabeth get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,203,318. One can visit CSE's financial aid page at http://www.cse.edu/admissions/financial-aid/ for more information. At CSE, the total percentage of applicants who receive the Federal Grant stands at 72%. In comparison, 98% of the students are awarded the Student Grant, 97% get the Institution Grant, and 72% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,039, while the same comes to $11,089 for State Grant receivers and $19,527 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,905. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $34,949 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $35,770, while those falling in the $48,001-$75,000 income category get $23,110 a year. Those with an annual income level of $75,001-$110,000 would receive $19,236, while candidates with more than $110,000 of family income receive an average federal aid of $17,719. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CSE, an estimated number of 79% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

74%

Institution Grant Aid

95%

Pell Grant

74%

Average Aid Awarded

Federal Grant Aid

$5,296

State Grant Aid

$11,050

Institution Grant Aid

$17,799

Pell Grant

$5,196

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$34,289

$30,001 - $48,000

$33,707

$48,001 - $75,000

$27,146

$75,001 - $110,000

$20,140

Over $110,000

$16,740

Student Loans for College of Saint Elizabeth

Average Loan Amount Average Loan Amount received per year.

$6,540/Year

Students Taking Out Loans

82%

Loan Default Rate

8.6%

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