Marian University Indianapolis Financial Aid and Scholarships
Students Receiving Aid
67%
Total Aid Amount
$35.311M
Financial Aid Official Website
www.marian.edu/Admissions/Financial-Aid
Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $13,947,823. Notably, a total of 41% of the applicants to Marian University receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 39% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,852, and the same stands at $7,631 for State Grant awardees and $22,310 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,529. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 69% of the applicants to Marian University opt for student loans.
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