Greenville University Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$15.216M
Financial Aid Official Website
www.greenville.edu/financial_aid/index.dot
It is interesting to note that almost every student at GU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $5,283,027. For additional information about financial assistance schemes, one can head over to GU’s financial aid page at http://www.greenville.edu/financial_aid/index.dot. Notably, a total of 56% of the applicants to Greenville University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 56% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,662, and the same stands at $4,537 for State Grant awardees and $14,539 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,473. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $20,764 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $21,302 and $19,105, respectively. Those with an annual income level of $75,001-$110,000 would receive $15,980, while candidates with more than $110,000 of family income receive an average federal aid of $12,119. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 79% of the applicants to Greenville University opt for student loans.
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