$4,827

Avg. Federal Grant

$5,462

Avg. Federal Loan

$21,036,630

Total Aid Awarded

Concord University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$21.037M

Financial Aid Official Website

www.concord.edu/admissions/financial-aid

As many as 98% of the students at CU get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,081,948 in a year. At CU, the total percentage of applicants who receive the Federal Grant stands at 49%. In comparison, 96% of the students are awarded the Student Grant, 77% get the Institution Grant, and 49% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,795, and the same stands at $3,723 for State Grant awardees and $6,447 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,679. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At CU, an estimated number of 51% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

56%

Institution Grant Aid

71%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,827

State Grant Aid

$3,669

Institution Grant Aid

$2,379

Pell Grant

$4,592

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,200

$30,001 - $48,000

$9,441

$48,001 - $75,000

$5,758

$75,001 - $110,000

$4,535

Over $110,000

$3,040

Student Loans for Concord University

Average Loan Amount Average Loan Amount received per year.

$5,909/Year

Students Taking Out Loans

76%

Loan Default Rate

12.9%

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