$4,946

Avg. Federal Grant

$5,214

Avg. Federal Loan

$153,670,779

Total Aid Awarded

Georgia State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$153.671M

Financial Aid Official Website

sfs.gsu.edu

It is interesting to note that, every year, around 93% of students at GSU receive some kind of financial aid, while the total amount of assistance/loans provided is $86,548,122. The total percentage of candidates applying to Georgia State University who receive the Federal Grant is 53%. In comparison, 92% of the students are awarded the Student Grant, 22% get the Institution Grant, and 53% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,088, and the same stands at $6,990 for State Grant awardees and $6,271 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,667. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 48% of the applicants to Georgia State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

74%

Institution Grant Aid

25%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,946

State Grant Aid

$6,805

Institution Grant Aid

$4,986

Pell Grant

$4,891

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,440

$30,001 - $48,000

$10,986

$48,001 - $75,000

$7,897

$75,001 - $110,000

$5,949

Over $110,000

$5,716

Student Loans for Georgia State University

Average Loan Amount Average Loan Amount received per year.

$5,885/Year

Students Taking Out Loans

52%

Loan Default Rate

10.1%

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