$4,538

Avg. Federal Grant

$5,380

Avg. Federal Loan

$27,257,370

Total Aid Awarded

Concordia University Irvine (CUI) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$27.257M

Financial Aid Official Website

www.cui.edu/studentlife/financial-aid/

Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,967,307. One can visit CUI's financial aid page at http://www.cui.edu/studentlife/financial-aid/ for more information. At CUI, the total percentage of applicants who receive the Federal Grant stands at 32%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 32% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,635, and the same stands at $7,409 for State Grant awardees and $19,026 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,531. 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 $27,260 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $26,965, while those falling in the $48,001-$75,000 income category get $25,796 a year. Those with an annual income level of $75,001-$110,000 would receive $22,453, while candidates with more than $110,000 of family income receive an average federal aid of $17,437. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Concordia University-Irvine, the percentage of candidates who opt to avail of student loans is around 64%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

24%

Institution Grant Aid

100%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,538

State Grant Aid

$7,436

Institution Grant Aid

$17,799

Pell Grant

$4,317

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$26,985

$30,001 - $48,000

$26,312

$48,001 - $75,000

$26,901

$75,001 - $110,000

$19,981

Over $110,000

$16,533

Student Loans for Concordia University Irvine (CUI)

Average Loan Amount Average Loan Amount received per year.

$6,699/Year

Students Taking Out Loans

63%

Loan Default Rate

3.4%

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