OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Pfeiffer University Financial Aid and Scholarships 2022

Pfeiffer University is a private, United Methodist university located in Misenheimer, NC. The foundation of Pfeiffer University was laid down in the year 1885. Black and gold are the official colors of the Pfeiffer University. The total enrolment stands at 1,800 students at Pfeiffer University. Around 897 and 380 students take admission in various undergraduate and postgraduate courses of the university. The school has an academic staff of 51 full-time who teach various courses to the student

Pfeiffer University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

84%

Total Aid Amount Average Total Aid Awarded per year.

$14.677M

Financial Aid Official Website

www.pfeiffer.edu/admissions/financial-aid

Among them are scholarship programs such as Community College Transfer Scholarship, Freshmen Academic Scholarships, North Carolina Student Incentive Grant, and Transfer Academic Scholarships. Notably, 99% of the students at Pfeiffer University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,447,060. More information regarding the financial assistance schemes can be accessed on PU’s official financial aid page at http://www.pfeiffer.edu/admissions/financial-aid. The total percentage of candidates applying to Pfeiffer University who receive the Federal Grant is 57%. Meanwhile, 99% of the applicants receive the Student Grant and 87% are awarded the Institution Grant, while 57% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,192, and the same stands at $5,344 for State Grant awardees and $16,349 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,586. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $22,769 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $21,757, while those falling in the $48,001-$75,000 income category get $11,636 a year. On the other hand, the average federal aid stands at $14,670 for those with an annual family income between $75,001 and $110,000, and at $13,993 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 75% of the applicants to Pfeiffer University opt for student loans.

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