DeSales University Financial Aid and Scholarships
Students Receiving Aid
80%
Total Aid Amount
$35.654M
Financial Aid Official Website
www.desales.edu/admissions-financial-aid/undergraduate-admissions-aid/financial-aid-scholarships
It is interesting to note that almost every student at DU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $11,628,649. For additional information about financial assistance schemes, one can head over to DU’s financial aid page at http://www.desales.edu/admissions-financial-aid/undergraduate-admissions-aid/financial-aid-scholarships. Notably, a total of 26% of the applicants to DeSales University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 26% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,156, and the same stands at $3,301 for State Grant awardees and $21,582 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,065. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $27,172 in a year. The average aid amount stands at $25,273 for an annual family income between $30,001 and $48,000. This amount comes to $23,297 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $20,398, while candidates with more than $110,000 of family income receive an average federal aid of $18,325. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 DeSales University, the percentage of candidates who opt to avail of student loans is around 73%.
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