$4,556

Avg. Federal Grant

$5,409

Avg. Federal Loan

$20,550,163

Total Aid Awarded

Dordt College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$20.550M

Financial Aid Official Website

www.dordt.edu/admissions/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 $4,635,043. The total percentage of candidates applying to Dordt University who receive the Federal Grant is 27%. In comparison, 99% of the students are awarded the Student Grant, 98% get the Institution Grant, and 27% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,436, while the same comes to $5,162 for State Grant receivers and $16,107 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,924. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 60% of the applicants to Dordt University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

27%

State Grant Aid

18%

Institution Grant Aid

98%

Pell Grant

27%

Average Aid Awarded

Federal Grant Aid

$4,556

State Grant Aid

$5,228

Institution Grant Aid

$15,301

Pell Grant

$3,911

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$20,166

$30,001 - $48,000

$21,499

$48,001 - $75,000

$19,175

$75,001 - $110,000

$18,300

Over $110,000

$15,523

Student Loans for Dordt College

Average Loan Amount Average Loan Amount received per year.

$8,019/Year

Students Taking Out Loans

66%

Loan Default Rate

2.1%

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