$22,222

Avg. Federal Grant

$11,111

Avg. Federal Loan

$111,111,111

Total Aid Awarded

The Ohio State University (OSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

111%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

222%

State Grant Aid

222%

Institution Grant Aid

222%

Pell Grant

222%

Average Aid Awarded

Federal Grant Aid

$22,222

State Grant Aid

$22,222

Institution Grant Aid

$22,222

Pell Grant

$2,222

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,222

$30,001 - $48,000

$22,222

$48,001 - $75,000

$22,222

$75,001 - $110,000

$22,222

Over $110,000

$22,222

Student Loans for The Ohio State University (OSU)

Average Loan Amount Average Loan Amount received per year.

$22,222/Year

Students Taking Out Loans

222%

Loan Default Rate

19.5%

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