$4,635

Avg. Federal Grant

$4,612

Avg. Federal Loan

$4,553,244

Total Aid Awarded

Ohio State University (OSU) Marion Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$4.553M

Financial Aid Official Website

osumarion.osu.edu/students/financial-aid.html

It is interesting to note that, every year, around 91% of students at OSUMC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,828,309. One can visit OSUMC's financial aid page at http://osumarion.osu.edu/students/financial-aid.html for more information. At OSUMC, the total percentage of applicants who receive the Federal Grant stands at 37%. Meanwhile, 87% of the applicants receive the Student Grant and 86% are awarded the Institution Grant, while 37% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,768, and the same stands at $3,560 for State Grant awardees and $2,987 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,583. 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. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 41% of the applicants to Ohio State University-Marion Campus opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

25%

Institution Grant Aid

85%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$4,635

State Grant Aid

$374

Institution Grant Aid

$2,869

Pell Grant

$4,437

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,639

$30,001 - $48,000

$8,019

$48,001 - $75,000

$4,442

$75,001 - $110,000

$2,640

Over $110,000

$1,920

Student Loans for Ohio State University (OSU) Marion

Average Loan Amount Average Loan Amount received per year.

$4,748/Year

Students Taking Out Loans

42%

Loan Default Rate

N/A