John Brown University (JBU) Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

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:

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