$4,995

Avg. Federal Grant

$4,420

Avg. Federal Loan

$17,725,973

Total Aid Awarded

Metropolitan State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$17.726M

Financial Aid Official Website

www.metrostate.edu/apply/tuition

It is interesting to note that, every year, around 86% of students at MSU receive some kind of financial aid, while the total amount of assistance/loans provided is $22,242,830. More information regarding the financial assistance schemes can be accessed on MSU’s official financial aid page at http://www.metrostate.edu/apply/tuition. The total percentage of candidates applying to Metropolitan State University who receive the Federal Grant is 77%. On the other hand, 83% of the candidates get the Student Grant, 1% receive the Institution Grant, and 77% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,576. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At MSU, an estimated number of 20% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

75%

Institution Grant Aid

4%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$4,995

State Grant Aid

$1,940

Institution Grant Aid

$1,515

Pell Grant

$4,815

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,926

$30,001 - $48,000

$6,353

$48,001 - $75,000

$5,178

$75,001 - $110,000

$1,091

Over $110,000

N/A

Student Loans for Metropolitan State University

Average Loan Amount Average Loan Amount received per year.

$4,833/Year

Students Taking Out Loans

39%

Loan Default Rate

6%

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