$5,125

Avg. Federal Grant

$6,071

Avg. Federal Loan

$11,105,436

Total Aid Awarded

Immaculata University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$11.105M

Financial Aid Official Website

www.immaculata.edu/FinAid

Immaculata University provides financial assistance to the students in the form of grants, aid, scholarship etc.The Office of Financial Aid provides aid to all students with documented financial need. All students are encouraged to apply for admission regardless of financial need. All admission decisions are made without respect to the applicant’s financial need. Parents are advise to give some contribution in the student's education fees.

Immaculata University has already provided aid to about 69% of the applies students and the total aid amount received by the students is $1,105,436.

The first step to gain benefit of financial aid students need to submit the Free Application for Federal Student Aid(FAFSA) form an the Immaculata University FAFSA code is 003276.

Types of financial aid provided by the Immaculata University are:

Grants

Grants are a type of gift or aid which do not have to repaid unlike loans which have to repaid. Grants are a need-based financial fund programs. 

Federal Pell Grants

The Pell Grant is a need-based federally funded grant. The awards vary in amounts and are based upon the eligibility criteria from the processed FAFSA. This grant is awarded to either full- or part-time enrolled undergraduate students pursuing their first degree-granting program.

Federal Supplemental Educational Opportunity Grant Program(FSEOG)

This grant program is administered by the University and is awarded to undergraduate students who demonstrate exceptional financial need and are enrolled at least half-time. 

State Grants

States also offers grants to the student based on their financial need but in state grants only the students living in the particular state is granted the aid. For students from states other than Pennsylvania should check with their high school education office whether they are eligible or not.

Pennsylvania State Grant Program (PHEAA Grant)

The Pennsylvania Higher Education Assistance Agency (PHEAA) offers grants that vary in amount. Notification of award amount will be provided directly to the student by PHEAA. Awards are determined by PHEAA on the basis of financial need and enrollment status.

The Chaffee Education and Training Grant (ETG) Program

This program provides tuition assistance for students who enter into a service commitment with the Pennsylvania National Guard, typically for a period of six years.

Loans

There are different types of loans which are offered to the students to meet their education costs. However, the loans are needed to be repaid that too with an certain amount of interest on it. 

The different types of loans offered by the university are:

Subsidized Direct Loan is awarded on the basis of financial need. Interest does not accrue while you are enrolled at least half-time and during other specified deferment periods. Repayment begins six months after you cease to be enrolled at least half-time.

An Unsubsidized Direct Loan is not awarded on the basis of need. The principal will be deferred until six months after you cease to be enrolled at least half-time. You will be charged interest from the time the loan is disbursed until it is paid in full. You can either make the interest payment or defer it while you are in school. If you do not make interest payments while in school, the interest will be capitalized (added to the principal balance of the loan) every six months.

Federal Work-Study Program

Immaculata University offers work-study program for students who are willing to work as a full-time or part-time to earn some additional income which helps the students in bearing the adittional cost and managing the studies simultaneously. You can apply for the type of position you like.

To know more details about the financial aid visit the Immaculata University financial aid.

 

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

31%

State Grant Aid

28%

Institution Grant Aid

99%

Pell Grant

31%

Average Aid Awarded

Federal Grant Aid

$5,125

State Grant Aid

$3,510

Institution Grant Aid

$10,438

Pell Grant

$4,867

We have provided an in-depth breakdown of how the financial aid offered by Immaculata University is distributed evenly among their students depending upon their requirement and eligibility. On average, almost 69% of students receive financial aid.

  • The federal grants offered by the university are received by 31% of eligible students, with the average amount of $5,125.

  • Pell Grants are received by at least 31% of students and the estimated aid amount offered is around $4,867.

  • Only 28% of students receive state grant aids, which are valued to be around $3,510.

  • The institutional grants are offered to a staggering 99% of students, with a total average amount racking up to $10,438.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,302

$30,001 - $48,000

$14,285

$48,001 - $75,000

$13,088

$75,001 - $110,000

$13,928

Over $110,000

$9,903

Though the income of each and every individual is different and thus the need of financial aid is also different as the individual with less income will require more financial help and the individual with high income require less financial help. Financial aid is provided based on family income and the amount received by the specific income bracket is given below:

Those families having income less than $30,000, they can expect an average aid amount of $18,302. As the income rises to between $30,001 to $48,000 the average aid amount reduces to $14,285.

There is further decrease in the average aid amount to $13,088 for the families earning between $48,001 to $75,000. While a slight increase can be observed for the families of income between $75,001 to $110,000 as the average aid amount is $13,928.

The average aid amount is minimum for the income more than $110,000 as the aid amount reduces to $9,903.

Student Loans for Immaculata University

Average Loan Amount Average Loan Amount received per year.

$10,791/Year

Students Taking Out Loans

83%

Loan Default Rate

5.2%

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