Avg. Federal Grant
Avg. Federal Loan
Total Aid Awarded
Students Receiving Aid
Percent of Students Receiving Financial Aid.
Total Aid Amount
Average Total Aid Awarded per year.
Financial Aid Official Website
Old Dominion University(ODU), Norfolk, Virginia, provides financial assistance on the basis of the family’s ability to contribute. Last year, the university awarded over $86,751,760 in financial aid through scholarships, grants, loans, and work-study assistance. About 59% of students receive grants per year. These monetary benefits enable students to pay for their education without even having to repay back if it is in the form of scholarships and grants. Also, remember that you have a work-study program where a student will be involved in part-time work to pay for his tuition.
Planning on how to pay for college can be challenging. We’re here to help guide you through the financial aid process and provide assistance with your student account. Don’t stress about student finances, you’ll have enough to do, like hanging out with friends and studying for your classes.
ODU provides different types of scholarships like scholarships for new students, for undergraduates, university scholarships, college scholarships, and outside agency scholarships. So that the students can take scholarships according to the eligibility and criteria.
The University provides scholarships on the basis of student’s academic achievements, proven leadership, and participation in extracurricular activities- both in their schools and their communities. ODU’s merit-based scholarships are offered through the following programs:
Lesley Merit Scholarship is awarded to the students based on the strength of their academic record
President’s Scholarship is offered to the fresher students of the university.
Dean’s Graduate Scholarship awarded to graduate students who have achieved academic achievements.
Faculty Scholarship, awarded to those who scored excellent high school grades.
University Scholarship awarded based on a combination of ACT/SAT scores.
Grants are gift assistance which is awarded on the basis of financial aid. Various grants awarded to the students at the university are as follows:
Federal Pell Grant, awarded only to those students who have not earned a bachelor’s degree.
Federal Supplemental Educational Opportunity Grant(SEOG), this grant is awarded to those students who have less financial need.
Student Receiving Aid
Federal Grant Aid
State Grant Aid
Institution Grant Aid
Average Aid Awarded
A federal grant is also an option for you if you meet the eligibility criteria, 45% of candidates cover up their expenses and the average of it is $4,879. The Pell grants average amount is $4,724 and serves 45% candidates.
In addition to these, the state grants also cover up the expenses of 42% of pupils and the average of it is $4,720. You might depend upon the institutional scholarships and grants as almost 77% of all students get hold of them and the average of them is $3,825.
Average Federal Aid Per Year
$30,001 - $48,000
$48,001 - $75,000
$75,001 - $110,000
A student having an annual family income of less than $30,000 might face an aid amount of $12,662 as the net aid price. You will find this amount to be lowered up to $10,689 in case of an income between the range of $30,001-$48,000.
The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $7,412 and for a range of $75,001-$110,000, your net aid price will amount to $4,367.
Average Loan Amount
Average Loan Amount received per year.
Students Taking Out Loans
Loan Default Rate
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