$4,900

Avg. Federal Grant

$5,486

Avg. Federal Loan

$21,511,115

Total Aid Awarded

Middle Georgia State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$21.511M

Financial Aid Official Website

https://www.mga.edu/financial-aid/

As many as 91% of the students at MGSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $21,048,596 in a year. The total percentage of candidates applying to Middle Georgia State University who receive the Federal Grant is 61%. Meanwhile, 84% of the applicants receive the Student Grant and 8% are awarded the Institution Grant, while 61% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,331, and the same stands at $3,022 for State Grant awardees and $4,898 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,017. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Middle Georgia State University, the percentage of candidates who opt to avail of student loans is around 55%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

46%

Institution Grant Aid

5%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,900

State Grant Aid

$2,878

Institution Grant Aid

$6,926

Pell Grant

$4,823

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,716

$30,001 - $48,000

$6,102

$48,001 - $75,000

$3,016

$75,001 - $110,000

$1,526

Over $110,000

$1,459

Student Loans for Middle Georgia State University

Average Loan Amount Average Loan Amount received per year.

$5,667/Year

Students Taking Out Loans

51%

Loan Default Rate

12.1%

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