$4,490

Avg. Federal Grant

$5,696

Avg. Federal Loan

$42,874,438

Total Aid Awarded

George Fox University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$42.874M

Financial Aid Official Website

www.georgefox.edu/offices/financial-aid/index.html

As many as 99% of the students at GFU get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,999,122 in a year. Notably, a total of 23% of the applicants to George Fox University receive the Federal Grant every year. In comparison, 98% of the students are awarded the Student Grant, 98% get the Institution Grant, and 23% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,042, the State Grant receivers and Institution Grant beneficiaries get $3,220 and $17,360, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,225. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 76% of the applicants to George Fox University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

15%

Institution Grant Aid

96%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,490

State Grant Aid

$2,428

Institution Grant Aid

$16,968

Pell Grant

$4,061

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$25,341

$30,001 - $48,000

$24,126

$48,001 - $75,000

$20,965

$75,001 - $110,000

$18,204

Over $110,000

$14,284

Student Loans for George Fox University

Average Loan Amount Average Loan Amount received per year.

$8,212/Year

Students Taking Out Loans

70%

Loan Default Rate

2.3%