$4,650

Avg. Federal Grant

$4,766

Avg. Federal Loan

$69,685,480

Total Aid Awarded

Portland State University (PSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$69.685M

Financial Aid Official Website

www.pdx.edu/finaid/

It is interesting to note that, every year, around 82% of students at PSU receive some kind of financial aid, while the total amount of assistance/loans provided is $62,068,412. Notably, a total of 51% of the applicants to Portland State University receive the Federal Grant every year. Meanwhile, 71% of the applicants receive the Student Grant and 53% are awarded the Institution Grant, while 51% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,710, and the same stands at $2,989 for State Grant awardees and $3,478 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,441. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Portland State University, the percentage of candidates who opt to avail of student loans is around 41%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

38%

Institution Grant Aid

66%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,650

State Grant Aid

$2,107

Institution Grant Aid

$3,950

Pell Grant

$4,499

The Financial Aid breakdown for Portland State University as indicated by the table is as follows:

  • The average Federal Grant is $4,650 and its percentage is 53%.

  •  The average State Grant is $2,107 and its percentage is 38%.

  • The average Institutional Grant is $3,950 and its percentage is 66%

  • The average Pell Grant is $4,499 and its percentage is 53%.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,231

$30,001 - $48,000

$8,421

$48,001 - $75,000

$7,086

$75,001 - $110,000

$2,758

Over $110,000

$1,001

The Average Federal Aid for Portland State University based on family income for earnings between 0$ to $30,000 is $9,231, $30,001 to $48,000 is $8,421, $48,001 to $75,000 is $7,086, $75,001 to $110,000 is $2,758, more than $110,000 is $1,001.

Student Loans for Portland State University (PSU)

Average Loan Amount Average Loan Amount received per year.

$6,142/Year

Students Taking Out Loans

45%

Loan Default Rate

6.7%