Drew University Financial Aid and Scholarships
Students Receiving Aid
87%
Total Aid Amount
$46.991M
Financial Aid Official Website
www.drew.edu/financial-aid/
As many as 99% of the students at DU get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,168,535 in a year. The total percentage of candidates applying to Drew University who receive the Federal Grant is 34%. On the other hand, 98% of the candidates get the Student Grant, 98% receive the Institution Grant, and 34% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,473, and the same stands at $10,227 for State Grant awardees and $24,025 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,929. 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. Candidates are also required to repay these loans within a given period. Every year, around 66% of the applicants to Drew University opt for student loans.
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