$4,407

Avg. Federal Grant

$3,864

Avg. Federal Loan

$4,570,630

Total Aid Awarded

Ohio University-Chillicothe Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

66%

Total Aid Amount Average Total Aid Awarded per year.

$4.571M

Financial Aid Official Website

www.ohio.edu/financialaid/

Such schemes include Dr. Allen Smith Memorial Scholarship, Edgar G. Garvin Scholarship, Education Foundation Scholarship, and Educational Assistance Commitment Grant. Notably, 85% of the students at Ohio University-Chillicothe Campus get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,286,698. At OUCC, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 66% of the applicants receive the Student Grant and 26% are awarded the Institution Grant, while 54% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,513. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 43% of the applicants to Ohio University-Chillicothe Campus opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

3%

Institution Grant Aid

28%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,407

State Grant Aid

$97

Institution Grant Aid

$2,558

Pell Grant

$4,325

With Institutional grants having the percentage of 28 % with an average aid amount of $9025. Federal and pell grants having the contribution percentage of 56% and 55% with an average aid of $5023 and $4715 respectively and state grants having the lowest contribution of 3% with an amount of $97.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,414

$30,001 - $48,000

$4,743

$48,001 - $75,000

$2,473

$75,001 - $110,000

$779

Over $110,000

$301

The table shows the amount of aid provided based on family income :

Here the table shows that lower the family income higher the financial aid is provided. It is basically to help the students get the degree irrespective of their financial background. for those whose family income is under $30000 they can expect the highest amount of aid i.e $5414, family income between $30001 to $48000 can expect the aid of $4743, family income between $48001 to $75000 can expect $2473 and for $75001 to $110000 gets the aid of $779 and family income over $110000 can expect amount of $301 that is the lowest amount of aid provided.

Student Loans for Ohio University-Chillicothe

Average Loan Amount Average Loan Amount received per year.

$3,904/Year

Students Taking Out Loans

45%

Loan Default Rate

N/A

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