$4,444

Avg. Federal Grant

$5,167

Avg. Federal Loan

$15,629,272

Total Aid Awarded

Madonna University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$15.629M

Financial Aid Official Website

https://www.madonna.edu/resources/financial-aid

Nearly 85 percent of Madonna University students receive some kind of financial assistance, in any of the following forms: merit scholarships, athletic grants, Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Michigan Tuition Grants, Michigan Competitive Scholarships, Madonna University grants and/or loans.

Few Scholarships available under Madonna University are-

  • Alumni Legacy Scholarship
  • Catholic High School Scholarship
  • .Felician Sponsored Ministries Scholarship
  • Phi Theta Kappa Transfer Scholarship
  • Performing Arts Award Scholarship
  • Direct from High School Scholarship

The total aid awarded by Madonna University is $15629272

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

52%

Institution Grant Aid

99%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$4,444

State Grant Aid

$2,024

Institution Grant Aid

$11,091

Pell Grant

$4,276

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants, with institutional grants having the highest percentage contribution of 99% with an average aid amount being $11091.

Pell grants have a percentage of 35% with an average aid amount of $4276 which is higher than the state grant aid average of $2024.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,517

$30,001 - $48,000

$16,325

$48,001 - $75,000

$14,396

$75,001 - $110,000

$12,410

Over $110,000

$11,880

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $18517 while those with family income over $110,000 can expect to receive an aid amount of $11880. This helps students who are coming from low income homes to pay for their degree.

Student Loans for Madonna University

Average Loan Amount Average Loan Amount received per year.

$5,975/Year

Students Taking Out Loans

67%

Loan Default Rate

5.5%

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