$5,126

Avg. Federal Grant

$5,933

Avg. Federal Loan

$24,319,271

Total Aid Awarded

John Brown University (JBU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$24.319M

Financial Aid Official Website

www.jbu.edu/admissions/financial_aid/

It is interesting to note that, every year, around 99% of students at JBU receive some kind of financial aid, while the total amount of assistance/loans provided is $5,407,997. For additional information about financial assistance schemes, one can head over to JBU’s financial aid page at http://www.jbu.edu/admissions/financial_aid/. The total percentage of candidates applying to John Brown University who receive the Federal Grant is 30%. In comparison, 99% of the students are awarded the Student Grant, 94% get the Institution Grant, and 29% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,191, and the same stands at $2,397 for State Grant awardees and $16,192 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,290. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $19,796 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $18,744 and $16,204, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $14,224. And, for those with a family income of more than $110,000, the amount stands at $11,983. 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. At JBU, an estimated number of 55% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

37%

Institution Grant Aid

95%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$5,126

State Grant Aid

$1,779

Institution Grant Aid

$14,765

Pell Grant

$4,275

John Brown University financial aid includes Federal Grants, Pell Grants, State grants and Institutional grants, with Institutional grants having the highest percentage contribution of 95% with the average aid amount being $14,765.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,677

$30,001 - $48,000

$21,767

$48,001 - $75,000

$18,552

$75,001 - $110,000

$14,395

Over $110,000

$12,659

As per the data from John Brown University financial aid office, lower the family income higher is the amount of financial aid one can expect to receive. Those students who have a family income under $30,000 can expect to receive an aid amount of $18,677 while those with a family income of over $110,000 can expect to receive an aid amount of $12,659. This ensures that the bulk of the money is flowing towards those who need it the most. The afore-mentioned table is a breakdown of the same:

Student Loans for John Brown University (JBU)

Average Loan Amount Average Loan Amount received per year.

$6,033/Year

Students Taking Out Loans

54%

Loan Default Rate

3.8%

Other Colleges In Arkansas

Arkansas State University-Newport is a public university located in Newport, AR. Arkansas State University System is the parent institution of the Arkansas State University-Newport. The foundation of Arkansas State University-Newport was laid down in the year 1976. Arkansas State University-Newpo

Newport, Arkansas 2 years Public

A private university by the name of Arthur's Beauty School Inc-Conway is located in Conway, Arkansas. Taking into account all the courses offered at Arthur's Beauty School Inc-Conway, the total enrolment stands at 81. The school has a total of 4 academic staff. These faculty teach different cours

Conway, Arkansas -2 years Private For-Profit

There is a public university in Forrest City, AR called East Arkansas Community College. Across all the courses offered at East Arkansas Community College, the enrolment stands at 1,350. The school has a total of 103 academic staff. These faculty teach different courses to the students. Around 63

Forrest City, Arkansas 2 years Public

Other Private not-for-profit Colleges

Cambridge, Massachusetts 4 years Private Not-For-Profit

Independence University is a private university located in Salt Lake City, UT. The Independence University is part of the Center for Excellence in Higher Education group. It was in 1978 when the Independence University was founded. The motto of the Independence University is Education Online for a B

Salt Lake City, Utah 4 years Private Not-For-Profit

The university is a 100% online university. The online programs are designed to be easily incorporated into the busy schedules of working adults and professionals, seeking to gain in-depth knowledge in a particular subject or to expand career opportunities and personal potential.

Irvine, California N/A years Private Not-For-Profit