Purdue University Financial Aid and Scholarships
Students Receiving Aid
51%
Total Aid Amount
$161.521M
Financial Aid Official Website
www.purdue.edu/dfa/
Students can avail of scholarships provided by the university, such as Alice Ann Garner Scholarship, Amy L. McKee-Everett Memorial Scholarship, Birds Eye Foods (Brooks Foods) Scholarship, and Blackford Agriculture Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 65% of students at PUMC receive some kind of financial aid, while the total amount of assistance/loans provided is $55,763,466. More information regarding the financial assistance schemes can be accessed on PUMC’s official financial aid page at http://www.purdue.edu/dfa/. The total percentage of candidates applying to Purdue University-Main Campus who receive the Federal Grant is 16%. In comparison, 44% of the students are awarded the Student Grant, 43% get the Institution Grant, and 16% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,862, the State Grant receivers and Institution Grant beneficiaries get $6,923 and $6,773, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,612. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Purdue University-Main Campus, the percentage of candidates who opt to avail of student loans is around 34%.
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