$5,016

Avg. Federal Grant

$5,645

Avg. Federal Loan

$65,008,354

Total Aid Awarded

Gettysburg College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$65.008M

Financial Aid Official Website

www.gettysburg.edu/scholarships_aid/

Students can avail of scholarships provided by the college, such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Joseph P. Gavenonis Scholarship, and Ohio College Opportunity Grant, if they find educational expenses to be on the higher side. As many as 90% of the students at GC get some sort of financial aid, and the total amount of assistance/loans provided is more than $8,636,251 in a year. Notably, a total of 19% of the applicants to Gettysburg College receive the Federal Grant every year. In comparison, 88% of the students are awarded the Student Grant, 87% get the Institution Grant, and 19% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,629, the State Grant receivers and Institution Grant beneficiaries get $3,458 and $33,030, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,639. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. At GC, an estimated number of 54% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

15%

State Grant Aid

8%

Institution Grant Aid

82%

Pell Grant

14%

Average Aid Awarded

Federal Grant Aid

$5,016

State Grant Aid

$3,670

Institution Grant Aid

$30,581

Pell Grant

$4,590

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$54,507

$30,001 - $48,000

$53,613

$48,001 - $75,000

$47,629

$75,001 - $110,000

$41,965

Over $110,000

$28,320

Student Loans for Gettysburg College

Average Loan Amount Average Loan Amount received per year.

$5,593/Year

Students Taking Out Loans

56%

Loan Default Rate

1.2%

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