OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Pacific University Financial Aid and Scholarships 2022

Pacific University is a private university located in Forest Grove, OR. Tabitha Moffatt Brown & Rev. Harvey Clark[1] founded Pacific University in 1849. The motto of the Pacific University is Pro Christo et Regno Ejus and its official colors are boxer red & boxer black. The total enrolment stands at 3,893 students at Pacific University. Around 1,876 and 2017 students take admission in various undergraduate and postgraduate courses of the university. To teach various courses to the students, the

Pacific University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$43.751M

Financial Aid Official Website

https://www.pacificu.edu/financial-aid-scholarships

Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,964,270. More information regarding the financial assistance schemes can be accessed on PU’s official financial aid page at https://www.pacificu.edu/financial-aid-scholarships. Notably, a total of 31% of the applicants to Pacific University receive the Federal Grant every year. Meanwhile, 99% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 30% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,183, while the same comes to $3,282 for State Grant receivers and $28,121 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,666. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $33,652 in a year. The average aid amount stands at $32,862 for an annual family income between $30,001 and $48,000. This amount comes to $28,135 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $25,715, while candidates with more than $110,000 of family income receive an average federal aid of $20,815. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 95% of the applicants to Pacific University opt for student loans.

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