OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Randall University Financial Aid and Scholarships 2022

A private, Free Will Baptist Church university, Randall University is situated in Moore, Oklahoma. Out of total 322 students enrolled at RU, 304 belong to undergraduate courses while 18 are postgraduate students. The school has a total of 21 academic staff. These faculty teach different courses to the students. Randall University is home to an ethnically diverse student body. At RU around 44% are white, 23% belong to Hispanic ethnicity, and 11% are Black or African American. Further, around 7

Randall University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$2.826M

Financial Aid Official Website

https://hc.vfao.com/default.aspx

Notably, 96% of the students at Randall University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,223,032. More information regarding the financial assistance schemes can be accessed on RU’s official financial aid page at https://hc.vfao.com/default.aspx. Notably, a total of 47% of the applicants to Randall University receive the Federal Grant every year. On the other hand, 95% of the candidates get the Student Grant, 94% receive the Institution Grant, and 47% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,759, and the same stands at $4,117 for State Grant awardees and $6,021 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,100. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $11,280 per year. The average aid amount stands at $10,544 for an annual family income between $30,001 and $48,000. This amount comes to $7,423 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $4,286 for those with an annual family income between $75,001 and $110,000, and at $4,067 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Randall University, the percentage of candidates who opt to avail of student loans is around 65%.

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