$4,573

Avg. Federal Grant

$5,619

Avg. Federal Loan

$25,166,482

Total Aid Awarded

Park University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$25.166M

Financial Aid Official Website

https://www.park.edu/tuition-financial-aid/

Park University aims to make the process of attainment of education an economically feasible process for its students. This is done through the agency of awarding financial aids upon its students. Financial aids can be in the form of student loans, grants, scholarships, and so on. Student loans, unlike other forms of financial aids, are availed by the students and have to be repaid in due period. 

Financial Aid Process

  • In order to avail financial aid, students must file the Free Application for Federal Student Aid or the FAFSA. The FAFSA code for Park University is 002498.
  • After financial aids packages are ready, students will be notified via email.
  • Post receiving notification about financial aid, students must carefully review the aids dealt out to them.

Park University Scholarships

  • Parkville Institutional Scholarships
  • Gilbert Institutional Scholarships
  • International Student Scholarships
  • Endowed Scholarships

Financial Aid Office

If you need answers right away to questions about federal student aid, call the appropriate number listed below at the Federal Student Aid Information Center between 9 a.m. and 8 p.m. (Eastern Time), Monday through Friday: 1-800-4-FED-AID (1-800-433-3243), This a toll-free number.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

17%

Institution Grant Aid

47%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,573

State Grant Aid

$1,720

Institution Grant Aid

$5,343

Pell Grant

$4,481

As shown in the table, the breakdown includes federal grants, pell grants, state grants, and institutional grants with institutional grants having the highest percentage contribution of 100% with an average aid amount being $6,185.

Federal grants have a percentage of 55% with an average aid amount of $4,573 which is higher than the State grant aid average of $1,720.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,370

$30,001 - $48,000

$7,474

$48,001 - $75,000

$3,397

$75,001 - $110,000

$4,176

Over $110,000

$3,547

The average federal aid in Park University is calculated according to the family income of the student. 

Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs. Incomes between $0-30,000 receive the aid of about $6,370.

A slight change is observed with the change in range; income between $30,001-48,000 receives $7,474. For incomes ranging between $48,001-75,000 the aid provided is $3,397. When the income range increases the aid amount decreases. $110,000 and higher receive an aid amount of $3,547.

Student Loans for Park University

Average Loan Amount Average Loan Amount received per year.

$5,858/Year

Students Taking Out Loans

66%

Loan Default Rate

10.6%

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