$4,192

Avg. Federal Grant

$8,455

Avg. Federal Loan

$27,024,481

Total Aid Awarded

Point University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$27.024M

Financial Aid Official Website

point.edu/financialaid/

Among them are scholarship programs such as Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, Georgia Tuition Equalization Grant, and HERO Scholarship Program (Helping Educate Reservists and their Offspring). Interestingly, almost all of the students at PU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $7,065,101 in a year. At PU, the total percentage of applicants who receive the Federal Grant stands at 66%. In comparison, 100% of the students are awarded the Student Grant, 84% get the Institution Grant, and 66% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,848, while the same comes to $2,567 for State Grant receivers and $8,881 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,751. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 82% of the applicants to Point University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

74%

Institution Grant Aid

87%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,192

State Grant Aid

$2,227

Institution Grant Aid

$7,663

Pell Grant

$4,014

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$14,246

$30,001 - $48,000

$6,072

$48,001 - $75,000

$5,009

$75,001 - $110,000

$986

Over $110,000

$1,227

Student Loans for Point University

Average Loan Amount Average Loan Amount received per year.

$9,355/Year

Students Taking Out Loans

80%

Loan Default Rate

12.3%

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