Eastern Connecticut State University Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$22.496M
Financial Aid Official Website
www.easternct.edu/finaid/
It is interesting to note that, every year, around 95% of students at ECSU receive some kind of financial aid, while the total amount of assistance/loans provided is $20,336,840. One can visit ECSU's financial aid page at http://www.easternct.edu/finaid/ for more information. At ECSU, the total percentage of applicants who receive the Federal Grant stands at 37%. On the other hand, 83% of the candidates get the Student Grant, 81% receive the Institution Grant, and 37% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,959, the State Grant receivers and Institution Grant beneficiaries get $3,838 and $5,059, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,620. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 71% of the applicants to Eastern Connecticut State University opt for student loans.
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