Purdue University Northwest Financial Aid and Scholarships
Students Receiving Aid
48%
Total Aid Amount
$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%.
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