$4,647

Avg. Federal Grant

$6,229

Avg. Federal Loan

$10,129,730

Total Aid Awarded

Defiance College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$10.130M

Financial Aid Official Website

www.defiance.edu/financial-aid/index.html

Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Dr. Allen Smith Memorial Scholarship, and Education Foundation Scholarship. Interestingly, almost all of the students at DC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $2,953,927 in a year. Notably, a total of 56% of the applicants to Defiance College receive the Federal Grant every year. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 56% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,752, the State Grant receivers and Institution Grant beneficiaries get $2,463 and $15,665, respectively. And, for the Pell Grant awardees, the average aid amount is $4,412. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At DC, an estimated number of 87% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

21%

Institution Grant Aid

98%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,647

State Grant Aid

$2,498

Institution Grant Aid

$16,328

Pell Grant

$4,147

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$21,729

$30,001 - $48,000

$21,870

$48,001 - $75,000

$20,056

$75,001 - $110,000

$16,535

Over $110,000

$15,774

Student Loans for Defiance College

Average Loan Amount Average Loan Amount received per year.

$8,996/Year

Students Taking Out Loans

87%

Loan Default Rate

7.9%

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