The Ohio State University (OSU) Financial Aid and Scholarships
Students Receiving Aid
111%
Total Aid Amount
$111.111M
Financial Aid Official Website
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Among them are scholarship programs such as Chick Evans Caddie Scholarship, College Assistance Migrant Program (CAMP), D. Fred & Marian Bovie Scholarship, and Distinction Scholarship. It is interesting to note that, every year, around 79% of students at OSUMC receive some kind of financial aid, while the total amount of assistance/loans provided is $106,005,335. For additional information about financial assistance schemes, one can head over to OSUMC’s financial aid page at http://www.sfa.osu.edu/. At OSUMC, the total percentage of applicants who receive the Federal Grant stands at 17%. Meanwhile, 70% of the applicants receive the Student Grant and 70% are awarded the Institution Grant, while 17% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,728, while the same comes to $1,854 for State Grant receivers and $9,090 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,619. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. At Ohio State University-Main Campus, the percentage of candidates who opt to avail of student loans is around 37%.
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