Everglades University (EU) Financial Aid and Scholarships
Students Receiving Aid
54%
Total Aid Amount
$4.286M
Financial Aid Official Website
https://www.evergladesuniversity.edu/financial-services/
It is interesting to note that, every year, around 85% of students at EU receive some kind of financial aid, while the total amount of assistance/loans provided is $9,460,275. More information regarding the financial assistance schemes can be accessed on EU’s official financial aid page at https://www.evergladesuniversity.edu/financial-services/. At EU, the total percentage of applicants who receive the Federal Grant stands at 64%. In comparison, 80% of the students are awarded the Student Grant, 31% get the Institution Grant, and 64% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,298, the State Grant receivers and Institution Grant beneficiaries get $2,101 and $1,945, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,902. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $4,895 in a year. The average aid amount stands at $3,928 for an annual family income between $30,001 and $48,000. This amount comes to $3,265 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $2,258. And, for those with a family income of more than $110,000, the amount stands at $938. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 66% of the applicants to Everglades University opt for student loans.
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