$4,929

Avg. Federal Grant

$6,705

Avg. Federal Loan

$31,245,876

Total Aid Awarded

Delaware State University (DSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$31.246M

Financial Aid Official Website

www.desu.edu/financialaid

Such schemes include Charles L. Hebner Memorial Scholarship, Christa McAuliffe Teacher Scholarship Loan, Delaware Governors' Biotech Scholarship, and Delaware Nursing Incentive Scholarship Loan. As many as 98% of the students at DSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $20,566,884 in a year. One can visit DSU's financial aid page at http://www.desu.edu/financialaid for more information. Notably, a total of 70% of the applicants to Delaware State University receive the Federal Grant every year. On the other hand, 94% of the candidates get the Student Grant, 62% receive the Institution Grant, and 58% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,101, the State Grant receivers and Institution Grant beneficiaries get $5,355 and $6,659, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,894. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 77% of the applicants to Delaware State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

37%

Institution Grant Aid

63%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,929

State Grant Aid

$5,512

Institution Grant Aid

$7,300

Pell Grant

$4,791

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,362

$30,001 - $48,000

$10,271

$48,001 - $75,000

$7,979

$75,001 - $110,000

$4,787

Over $110,000

$4,447

Student Loans for Delaware State University (DSU)

Average Loan Amount Average Loan Amount received per year.

$7,382/Year

Students Taking Out Loans

76%

Loan Default Rate

13.6%