East Stroudsburg University of Pennsylvania Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$27.292M
Financial Aid Official Website
www4.esu.edu/students/enrollment_services/financial_aid/index.cfm
Such schemes include American Association of University Women Scholarship, Association of Pennsylvania State College and University Facilities Scholarship, Biological Science Scholarship, and Board of Governors Tuition Scholarship for Cultural Diversity. It is interesting to note that, every year, around 89% of students at ESUP receive some kind of financial aid, while the total amount of assistance/loans provided is $26,230,517. At ESUP, the total percentage of applicants who receive the Federal Grant stands at 51%. In comparison, 64% of the students are awarded the Student Grant, 10% get the Institution Grant, and 51% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,918, and the same stands at $3,097 for State Grant awardees and $4,057 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,614. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At East Stroudsburg University of Pennsylvania, the percentage of candidates who opt to avail of student loans is around 77%.
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