OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

John Carroll University (JCU) Financial Aid and Scholarships 2022

John Carroll University which is a private, Roman Catholic university, is located in University Heights, OH. John Carroll University occupies a total area of about 63 acres. It was in 1886 when the John Carroll University was founded. Keeping the pursuit of research, innovation, and excellence at the center, John Carroll University has been imparting quality education to its students. The motto of the varsity is Ad Majorem Dei Gloriam (Latin) and its official colors are blue and gold. Out of

John Carroll University (JCU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$71.618M

Financial Aid Official Website

sites.jcu.edu/aid/

Such schemes include ARRUPE Scholars Award, Army ROTC Scholarship, Dr. Allen Smith Memorial Scholarship, and Education Foundation Scholarship. It is interesting to note that, every year, around 99% of students at JCU receive some kind of financial aid, while the total amount of assistance/loans provided is $11,312,174. One can visit JCU's financial aid page at http://sites.jcu.edu/aid/ for more information. Notably, a total of 21% of the applicants to John Carroll University receive the Federal Grant every year. In comparison, 97% of the students are awarded the Student Grant, 97% get the Institution Grant, and 21% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,220, while the same comes to $2,731 for State Grant receivers and $27,419 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,527. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $35,311 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $33,608, while those falling in the $48,001-$75,000 income category get $28,131 a year. On the other hand, the average federal aid stands at $25,890 for those with an annual family income between $75,001 and $110,000, and at $23,356 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At John Carroll University, the percentage of candidates who opt to avail of student loans is around 63%.

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