Grambling State University Financial Aid and Scholarships
Students Receiving Aid
86%
Total Aid Amount
$25.488M
Financial Aid Official Website
www.gram.edu/finaid/
It is interesting to note that, every year, around 99% of students at GSU receive some kind of financial aid, while the total amount of assistance/loans provided is $27,446,488. For additional information about financial assistance schemes, one can head over to GSU’s financial aid page at http://www.gram.edu/finaid/. At GSU, the total percentage of applicants who receive the Federal Grant stands at 85%. Meanwhile, 91% of the applicants receive the Student Grant and 23% are awarded the Institution Grant, while 84% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,033, the State Grant receivers and Institution Grant beneficiaries get $2,598 and $3,540, respectively. And, for the Pell Grant awardees, the average aid amount is $5,299. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Grambling State University, the percentage of candidates who opt to avail of student loans is around 92%.
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