Fairfield University Financial Aid and Scholarships
Students Receiving Aid
83%
Total Aid Amount
$78.859M
Financial Aid Official Website
fairfield.edu/admissionaid/financialaidtuition/undergraduatefinancialaidtuition/
As many as 96% of the students at FU get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,879,945 in a year. For additional information about financial assistance schemes, one can head over to FU’s financial aid page at http://fairfield.edu/admissionaid/financialaidtuition/undergraduatefinancialaidtuition/. At FU, the total percentage of applicants who receive the Federal Grant stands at 10%. Meanwhile, 94% of the applicants receive the Student Grant and 94% are awarded the Institution Grant, while 10% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,937. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $41,584 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $36,095 and $30,107, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $26,070. And, for those with a family income of more than $110,000, the amount stands at $19,815. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 54% of the applicants to Fairfield University opt for student loans.
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