$4,891

Avg. Federal Grant

$5,259

Avg. Federal Loan

$24,477,111

Total Aid Awarded

Drury University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$24.477M

Financial Aid Official Website

www.drury.edu/financial-aid/

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 $5,019,116. More information regarding the financial assistance schemes can be accessed on DU’s official financial aid page at http://www.drury.edu/financial-aid/. Notably, a total of 33% of the applicants to Drury University receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 33% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,814, while the same comes to $2,331 for State Grant receivers and $17,965 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,493. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $15,969 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $18,684 and $18,318, respectively. Those with an annual income level of $75,001-$110,000 would receive $17,069, while candidates with more than $110,000 of family income receive an average federal aid of $14,385. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Drury University, the percentage of candidates who opt to avail of student loans is around 59%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

36%

Institution Grant Aid

100%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$4,891

State Grant Aid

$2,224

Institution Grant Aid

$16,900

Pell Grant

$4,543

The financial breakdown indulges into the proportion of students awarded with certain grants as per their eligibility, academic performance and full-time enrollment. To reflect the average grants offered to students, it's worth mentioning that:

  • 32% of the students receive Federal Grants which comprises an average aid of US$4,9921. 32% of the students receive Pell Grants which comprises an average aid of US$4,543.

  • 36% of the students receive State Grants which comprises an average aid of US$2,223.

  • 100% of the students receive Institutional Grants which comprises an average aid of US$169,000.

  • The amount of federal loan provided to students on an average reaches nearly up  to US$5,259.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,847

$30,001 - $48,000

$21,460

$48,001 - $75,000

$22,536

$75,001 - $110,000

$17,857

Over $110,000

$15,653

This portrays the distinctive range of federal aids offered to students with respect to their family income, with financial aid for these ranges fluctuating between US$15,653 and US$22,847. As observed, the highest amount of financial aid offered to students belong to the family income group US$0 - US$30,000 and the lowest amount of financial aid is offered to the group with family income above US$110,000. 

The financial aid on an average amounts to US$20,070 denoting the greatest percentage of students will receive the financial aid amounting US$8,667 falling under the income category ranging from US$38,001- US$48,000.

Students’ families with income less than US$75,000, will be offered with financial aid reaching nearly US$22,847, US$21,460 and US$22,536. On the other hand, families with income more than US$75,000, will be offered with financial aid reaching nearly US$17,857 or US$15,653.

Student Loans for Drury University

Average Loan Amount Average Loan Amount received per year.

$7,339/Year

Students Taking Out Loans

59%

Loan Default Rate

13.1%

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