$4,662

Avg. Federal Grant

$4,903

Avg. Federal Loan

$30,297,050

Total Aid Awarded

Purdue University Northwest Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$30.297M

Financial Aid Official Website

admissions.pnw.edu/financial-aid/

Among them are scholarship programs such as Alice Ann Garner Scholarship, Amy L. McKee-Everett Memorial Scholarship, Birds Eye Foods (Brooks Foods) Scholarship, and Blackford Agriculture Scholarship. As many as 82% of the students at PUN get some sort of financial aid, and the total amount of assistance/loans provided is more than $21,861,101 in a year. More information regarding the financial assistance schemes can be accessed on PUN’s official financial aid page at http://admissions.pnw.edu/financial-aid/. Notably, a total of 42% of the applicants to Purdue University Northwest receive the Federal Grant every year. In comparison, 63% of the students are awarded the Student Grant, 25% get the Institution Grant, and 42% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,917, and the same stands at $5,009 for State Grant awardees and $3,308 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,080. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Purdue University Northwest, the percentage of candidates who opt to avail of student loans is around 40%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

34%

Institution Grant Aid

33%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,662

State Grant Aid

$5,029

Institution Grant Aid

$4,314

Pell Grant

$4,566

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,009

$30,001 - $48,000

$8,812

$48,001 - $75,000

$5,025

$75,001 - $110,000

$1,527

Over $110,000

$1,075

Student Loans for Purdue University Northwest

Average Loan Amount Average Loan Amount received per year.

$4,992/Year

Students Taking Out Loans

42%

Loan Default Rate

8.5%

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