$4,028

Avg. Federal Grant

$6,278

Avg. Federal Loan

$4,285,677

Total Aid Awarded

Everglades University (EU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

37%

Institution Grant Aid

25%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,028

State Grant Aid

$1,897

Institution Grant Aid

$1,950

Pell Grant

$3,973

Everglades University has provided an in-depth breakdown of the financial aid, which we have covered down below.

  • Up until today, Everglades University has offered around $4,285,677 in the form of scholarships, grants, and student loans.
  • Everglades is able to cater to the needs of 54% of the students who apply for financial aid.
  • Federal Pell Grants are offered to 62% of the students, with each student receiving $3,973 per year.
  • Around 37% of the students receive the State Grant Aid which amounts to $1,897 per student.
  • Federal Grant is also offered to 62% of the students. Each student receives an average amount of $4,028 per year.

Everglades also offers Institution Grants to 25% of the students, with an average amount of $1,950 offered to each student per year.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,898

$30,001 - $48,000

$3,899

$48,001 - $75,000

$2,730

$75,001 - $110,000

$2,448

Over $110,000

$1,348

Everglades University also provides financial aid based on the Annual Family Income of the student. Down below, we have provided an in-depth breakdown of the Federal Aid based on Family Income. Students whose family income is below $30,000 or falls in between $30,000 and $48,000 may avail an average aid amount of $4,898 and $3,899 respectively.

$2,730 is offered to students whose family income lies between $48,001 and $75,000. Higher-income groups receive a substantially lesser amount. Families whose earnings lie between $75,001 and $110,000 receive a lower amount of $2,448. Those who earn more than $110,000 receive a noticeably smaller amount of $1,348.

Student Loans for Everglades University (EU)

Average Loan Amount Average Loan Amount received per year.

$7,778/Year

Students Taking Out Loans

58%

Loan Default Rate

10%

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