$5,336

Avg. Federal Grant

$8,597

Avg. Federal Loan

$8,755,781

Total Aid Awarded

Harris-Stowe State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$8.756M

Financial Aid Official Website

www.hssu.edu/sp_index.cfm?wID=7

As many as 98% of the students at HSSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,204,037 in a year. For additional information about financial assistance schemes, one can head over to HSSU’s financial aid page at http://www.hssu.edu/sp_index.cfm?wID=7. Notably, a total of 88% of the applicants to Harris-Stowe State University receive the Federal Grant every year. On the other hand, 98% of the candidates get the Student Grant, 61% receive the Institution Grant, and 88% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,465, while the same comes to $1,906 for State Grant receivers and $5,225 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,205. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Harris-Stowe State University, the percentage of candidates who opt to avail of student loans is around 79%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

82%

State Grant Aid

32%

Institution Grant Aid

51%

Pell Grant

82%

Average Aid Awarded

Federal Grant Aid

$5,336

State Grant Aid

$1,786

Institution Grant Aid

$5,505

Pell Grant

$5,219

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,069

$30,001 - $48,000

$7,304

$48,001 - $75,000

$4,951

$75,001 - $110,000

$2,836

Over $110,000

N/A

Student Loans for Harris-Stowe State University

Average Loan Amount Average Loan Amount received per year.

$8,597/Year

Students Taking Out Loans

76%

Loan Default Rate

21.7%

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