$5,134

Avg. Federal Grant

$5,374

Avg. Federal Loan

$146,337,259

Total Aid Awarded

Quinnipiac University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$146.337M

Financial Aid Official Website

https://www.qu.edu/tuition-financial-aid.html

Notably, 99% of the students at Quinnipiac University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $30,243,168. More information regarding the financial assistance schemes can be accessed on QU’s official financial aid page at https://www.qu.edu/tuition-financial-aid.html. Notably, a total of 16% of the applicants to Quinnipiac University receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 16% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,468, while the same comes to $4,420 for State Grant receivers and $22,101 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,442. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $27,427 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $29,950 and $25,983, respectively. Those with an annual income level of $75,001-$110,000 would receive $23,486, while candidates with more than $110,000 of family income receive an average federal aid of $19,407. 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. Candidates are also required to repay these loans within a given period. At Quinnipiac University, the percentage of candidates who opt to avail of student loans is around 65%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

17%

State Grant Aid

3%

Institution Grant Aid

98%

Pell Grant

17%

Average Aid Awarded

Federal Grant Aid

$5,134

State Grant Aid

$3,000

Institution Grant Aid

$21,984

Pell Grant

$4,307

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$30,382

$30,001 - $48,000

$30,291

$48,001 - $75,000

$28,148

$75,001 - $110,000

$24,651

Over $110,000

$20,646

Student Loans for Quinnipiac University

Average Loan Amount Average Loan Amount received per year.

$11,966/Year

Students Taking Out Loans

67%

Loan Default Rate

2.7%

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