$4,729

Avg. Federal Grant

$5,444

Avg. Federal Loan

$15,556,006

Total Aid Awarded

Fitchburg State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$15.556M

Financial Aid Official Website

www.fitchburgstate.edu/finaid

Fitchburg State University, Fitchburg, Massachusetts, provides financial assistance on the basis of the family’s ability to contribute. Last year the university awarded over $34 million in financial aid through scholarships, grants, loans, and work-study assistance. The average financial aid package for the students is $14,717. The total aid amount awarded through the university is $1,55,56,006.

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. FSU’s merit-based scholarships are offered through the following programs:

  • Academic Partnerships Joseph McAloon Memorial Scholarships, awarded for outstanding students who seek to enroll or continue in Fitchburg's university for further studies.

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

Grants

  • Federal Pell Grant from the federal government is awarded to high need students who are pursuing their first undergraduate degree.

  • Supplemental Educational Opportunity Grant(SEOG), the priority of this award is given to the highest-need students.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

62%

Institution Grant Aid

56%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,729

State Grant Aid

$2,355

Institution Grant Aid

$2,013

Pell Grant

$4,477

The federal grant is also an option for you if you meet the eligibility criteria, 47% of candidates cover up their expenses and the average of it is $4,729. The Pell grants average amount is $4,477 and serves 47% candidates.

In addition to these, the state grants also cover up the expenses of 62% pupils and the average of it is  $2,355. You might depend upon the institutional scholarships and grants as almost 56% of all students get hold of them and the average of them is $2,013.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,714

$30,001 - $48,000

$8,604

$48,001 - $75,000

$5,543

$75,001 - $110,000

$2,098

Over $110,000

$587

A student having an annual family income of less than $30,000 might face an amount of $9,714 as the net aid price. You will find this amount to be lowered up to $8,604  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 $5,543 and for a range of $75,001-$110,000 your net aid price will amount to $2,098.

Student Loans for Fitchburg State University

Average Loan Amount Average Loan Amount received per year.

$7,134/Year

Students Taking Out Loans

78%

Loan Default Rate

6.5%

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