$4,727

Avg. Federal Grant

$5,297

Avg. Federal Loan

$40,168,341

Total Aid Awarded

Pittsburg State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$40.168M

Financial Aid Official Website

www.pittstate.edu/financial-aid/index.html

Among them are scholarship programs such as Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Scholar Award, and Hansen Student Scholarship. As many as 94% of the students at PSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $17,333,885 in a year. The total percentage of candidates applying to Pittsburg State University who receive the Federal Grant is 39%. In comparison, 79% of the students are awarded the Student Grant, 61% get the Institution Grant, and 38% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,509, and the same stands at $1,149 for State Grant awardees and $2,627 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,321. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Pittsburg State University, the percentage of candidates who opt to avail of student loans is around 61%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

15%

Institution Grant Aid

64%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$4,727

State Grant Aid

$1,438

Institution Grant Aid

$2,271

Pell Grant

$4,462

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,964

$30,001 - $48,000

$6,480

$48,001 - $75,000

$3,317

$75,001 - $110,000

$1,419

Over $110,000

$1,079

Student Loans for Pittsburg State University

Average Loan Amount Average Loan Amount received per year.

$6,145/Year

Students Taking Out Loans

62%

Loan Default Rate

9.7%

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