$5,017

Avg. Federal Grant

$5,792

Avg. Federal Loan

$89,653,565

Total Aid Awarded

Eastern Michigan University (EMU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$89.654M

Financial Aid Official Website

www.emich.edu/finaid/

Eastern Michigan University(EMU), Ypsilanti, Michigan provides financial assistance on the basis of the family’s ability to contribute. Last year, the university awarded over $89,653,565 to 73% of students in financial aid through scholarships, grants, loans, and work-study assistance.

Scholarships

University provides scholarships on the basis of student’s academic achievements, proven leadership, and participation in extracurricular activities- both in their schools and their communities. HU’s merit-based scholarships are offered through the following programs:

  • President’s Scholarship is offered to the fresher students worth $14,000.

  • Dean’s Graduate Scholarship awarded to graduate students who have achieved academic achievements.

  • Faculty Scholarship, awarded to those who scored excellent high school grades.

  • University Scholarship awarded based on a combination of ACT/SAT scores.

Grants

Grants are gift assistance which is awarded on the basis of financial aid. Various grants awarded to the students at the university are as follows:

Federal Grants

  • Federal Pell Grant, awarded only to those students who have not earned a bachelor’s degree.

  • Federal Supplemental Educational Opportunity Grant(SEOG), this grant is awarded to those students who have less financial need.

State Grants

  • Michigan Student Aid, is awarded to the students who are residents of Michigan.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

6%

Institution Grant Aid

93%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$5,017

State Grant Aid

$1,037

Institution Grant Aid

$5,569

Pell Grant

$4,731

A federal grant is also an option for you if you meet the eligibility criteria, 48% of candidates cover up their expenses and the average of it is $5,017. The Pell grants average amount is $4731 and serves 48% candidates.

In addition to these, the state grants also cover up the expenses of 6% of pupils and the average of it is $1,037. You might depend upon the institutional scholarships and grants as almost 93% of all students get hold of them and the average of them is $5,569.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,402

$30,001 - $48,000

$10,078

$48,001 - $75,000

$8,498

$75,001 - $110,000

$5,128

Over $110,000

$4,466

A student having an annual family income of less than $30,000 might face an aid amount of $10,402 as the net aid price. You will find this amount to be lowered up to $10,078 in case of an income between the range of $30,001-$48,000.

The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $8,468 and for a range of $75,001-$110,000, your net aid price will amount to $5,128.

Student Loans for Eastern Michigan University (EMU)

Average Loan Amount Average Loan Amount received per year.

$6,418/Year

Students Taking Out Loans

60%

Loan Default Rate

9.1%

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