$4,501

Avg. Federal Grant

$6,329

Avg. Federal Loan

$24,285,753

Total Aid Awarded

Columbia Southern University (CSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$24.286M

Financial Aid Official Website

www.columbiasouthern.edu/tuition-financing/federal-student-aid

As many as 94% of the students at CSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $31,329,475 in a year. The total percentage of candidates applying to Columbia Southern University who receive the Federal Grant is 63%. Meanwhile, 92% of the applicants receive the Student Grant and 82% are awarded the Institution Grant, while 63% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,693. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 60% of the applicants to Columbia Southern University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

N/A

Institution Grant Aid

95%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$4,501

State Grant Aid

N/A

Institution Grant Aid

$285

Pell Grant

$4,501

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants, with federal grants having the percentage contribution of 67% with an average aid amount being $4501.

Pell grants have a percentage of 67% with an average aid amount of $4501and  Indtituional grant has a percentage of 95% with an average aid amount of $285.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,580

$30,001 - $48,000

$4,859

$48,001 - $75,000

$3,254

$75,001 - $110,000

$2,169

Over $110,000

$571

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $4580 and for $110,000 and more is $571. This helps students who are coming from low-income homes to pay for their degrees.

Student Loans for Columbia Southern University (CSU)

Average Loan Amount Average Loan Amount received per year.

$6,329/Year

Students Taking Out Loans

59%

Loan Default Rate

9.6%

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