$4,571

Avg. Federal Grant

$5,367

Avg. Federal Loan

$30,137,335

Total Aid Awarded

Plymouth State University (PSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$30.137M

Financial Aid Official Website

www.plymouth.edu/office/financial-aid/

Such schemes include NEEBC Scholarship Award and New England Regional Student Program. As many as 99% of the students at PSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $20,702,871 in a year. More information regarding the financial assistance schemes can be accessed on PSU’s official financial aid page at http://www.plymouth.edu/office/financial-aid/. At PSU, the total percentage of applicants who receive the Federal Grant stands at 33%. In comparison, 98% of the students are awarded the Student Grant, 98% get the Institution Grant, and 33% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,614, and the same stands at $1,163 for State Grant awardees and $6,976 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,332. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. At PSU, an estimated number of 81% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

10%

Institution Grant Aid

97%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$4,571

State Grant Aid

$858

Institution Grant Aid

$5,743

Pell Grant

$4,214

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,341

$30,001 - $48,000

$9,615

$48,001 - $75,000

$6,195

$75,001 - $110,000

$3,962

Over $110,000

$3,291

Student Loans for Plymouth State University (PSU)

Average Loan Amount Average Loan Amount received per year.

$9,135/Year

Students Taking Out Loans

79%

Loan Default Rate

4.9%

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