$5,370

Avg. Federal Grant

$7,569

Avg. Federal Loan

$51,639,681

Total Aid Awarded

DeVry University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$51.640M

Financial Aid Official Website

https://www.devry.edu/financial-aid.html

The financial aid provided by the universities is extremely important for the students to tackle their educational expenses. DeVry University provides financial aid to every promising student who deserves or in need of the financial aid. It provides the students with ample assistance for availing the DeVry University-Arizona financial aid which is provided to a number of capable and promising students.

There are several types of grants and scholarships provided by the university-

  •       Opportunity Grants

  •       Business Edge Scholarship

  •       Denis Keller Scholarship

  •       Federal Grants

  •       Active Duty Military and Veteran compensations

  •       Alumni Tuition Saving

  •       Family Forward Savings

  •       International Students Scholarships

A total amount of $1,968,447 is awarded as financial aid by the DeVry University-Arizona to its students.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

2%

Institution Grant Aid

63%

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$5,370

State Grant Aid

$4,966

Institution Grant Aid

$1,799

Pell Grant

$4,842

The breakdown of financial aid that is being provided by DeVry University-Arizona is represented in the above table. It comprises four separate categories which are Federal Grants, Pell Grants, State Grants, and Institutional Grants if named correctly. Out of these, the Institutional grants aid is the one which covers the maximum number of students i.e. 63% of the total students’ population but the amount provided under this grant facilities is one of the least which totals to $781. When considered the case of Pell grant aid and the Federal grant aid the percentage coverage, it is about 50% for both of them. The amount provided under Pell grant aid is $4,893 and for the Federal grant aid, the average amount provided under this scheme is $5,643. Now for the last grant, that is the State grant the details were insufficient so can’t be presented in the table above. For more details regarding the state grant aid percentage coverage and the average amount provided under this scheme please visit the official website of the college.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,510

$30,001 - $48,000

$7,309

$48,001 - $75,000

$4,843

$75,001 - $110,000

$1,902

Over $110,000

$1,647

The above table tells about the details of the federal aid provisions which are provided by the university to the students. It depicts the dependency of the federal aid on the financial conditions and the annual family income of the students. As a person can see in the table above the students whose family income is below $30,000 on a yearly basis receives higher federal aid in order to make their educational burden a little less as the financial conditions for those students are on a bit weaker side. The amount allotted to these students is $6,510. Students whose family income falls between $30,000 and $48,000 may avail an average aid amount of $7,309. This federal aid amount provided by the university decreases as shown in the table. Now for the students of $48,001 to $75,000 family income category, the amount allotted to these students is $4,843.Then the federal aid provided to the students who belong to families with an annual income of $75,001 to $110,000 is about $1,902 only. Those who earn more than $110,000 receive a noticeably smaller amount of $1,647.For more details regarding the financial aid provided to the students of the other categories please visit the official website of the college.

Student Loans for DeVry University

Average Loan Amount Average Loan Amount received per year.

$7,569/Year

Students Taking Out Loans

91%

Loan Default Rate

N/A

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