George Fox University Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$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.
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