Eastern Oregon University (EOU) Financial Aid and Scholarships
Students Receiving Aid
67%
Total Aid Amount
$11.309M
Financial Aid Official Website
www.eou.edu/fao/
Such schemes include 'Better A Life' Scholarship, 'Why Not?' Scholarship, Anna F. Jones Scholarship, and Ben Walker/Mikael Nickolauson Thurston High School Memorial Scholarship. Notably, 97% of the students at Eastern Oregon University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $9,362,556. Notably, a total of 52% of the applicants to Eastern Oregon University receive the Federal Grant every year. On the other hand, 93% of the candidates get the Student Grant, 81% receive the Institution Grant, and 52% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,876, and the same stands at $2,724 for State Grant awardees and $3,539 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,614. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At EOU, an estimated number of 55% of the applicants choose to go for student loans.
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