$4,821

Avg. Federal Grant

$5,716

Avg. Federal Loan

$12,705,225

Total Aid Awarded

Harrisburg University of Science and Technology (HU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$12.705M

Financial Aid Official Website

www.harrisburgu.edu/admissions/financial-aid/

Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,341,940. At HUST, the total percentage of applicants who receive the Federal Grant stands at 64%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 64% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,359, while the same comes to $3,372 for State Grant receivers and $20,192 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $5,133. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Harrisburg University of Science and Technology, the percentage of candidates who opt to avail of student loans is around 84%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

68%

State Grant Aid

43%

Institution Grant Aid

97%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$4,821

State Grant Aid

$3,569

Institution Grant Aid

$15,031

Pell Grant

$4,875

Students have received aid in various different forms. The breakdown of how much the aid is received by the students by a particular type of financial assistance is:

  • Federal grants are received by about 68% of the students who have applied with a total amount received is $4,821.

  • About 67% of the students have received Pell Grants and the cumulative amount is $4,875.

  • Maximum students are receiving aid in the form of Institutional Aid which is 97% and the average aid amount is $15,031.

  • State Grants are provided to 43% of the students and the average aid amount received by the student is $3,569.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$20,995

$30,001 - $48,000

$19,122

$48,001 - $75,000

$19,465

$75,001 - $110,000

$20,187

Over $110,000

$19,807

Every student has the right to have the benefit of the financial help provided by the government, state, institution, or any other body.

But it should also depend upon the financial status of the family as the family having low income requires more financial help than the family earning more than that.

So financial aid received by the student is divided according to the family income bracket in which the family falls in. 

  • For the student with a family income of less than $30,000, the average aid provided per year is $20,995.

  • A slightly less amount is provided to the income between $30,001 to $48,000 which is equal to $19,122.

  • Further, for the income from $48,001 to $75,000, the aid increases to $19,465.

  • With income between $75,001 to $110,000, the aid received by the student is $20,187.

  • And for the income more than $110,000, the financial aid is reduced to an amount of $19,807.

Student Loans for Harrisburg University of Science and Technology (HU)

Average Loan Amount Average Loan Amount received per year.

$5,716/Year

Students Taking Out Loans

85%

Loan Default Rate

18.9%

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