Metropolitan State University of Denver Financial Aid and Scholarships
Students Receiving Aid
50%
Total Aid Amount
$58.397M
Financial Aid Official Website
www.msudenver.edu/financialaid/
As many as 70% of the students at MSUD get some sort of financial aid, and the total amount of assistance/loans provided is more than $51,467,915 in a year. The total percentage of candidates applying to Metropolitan State University of Denver who receive the Federal Grant is 39%. In comparison, 55% of the students are awarded the Student Grant, 21% get the Institution Grant, and 39% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,349, while the same comes to $2,897 for State Grant receivers and $2,740 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,141. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Metropolitan State University of Denver, the percentage of candidates who opt to avail of student loans is around 31%.
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