Rockhurst University Financial Aid and Scholarships
Students Receiving Aid
67%
Total Aid Amount
$38.179M
Financial Aid Official Website
www.rockhurst.edu/admissions/scholarships-financial-aid/undergraduate-students/overview/
It is interesting to note that almost every student at RU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $5,660,786. For additional information about financial assistance schemes, one can head over to RU’s financial aid page at http://www.rockhurst.edu/admissions/scholarships-financial-aid/undergraduate-students/overview/. Notably, a total of 25% of the applicants to Rockhurst University receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 25% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,637, and the same stands at $1,980 for State Grant awardees and $27,161 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,240. 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 $31,629 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $29,142 and $28,321, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $24,951. And, for those with a family income of more than $110,000, the amount stands at $23,818. 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. Every year, around 62% of the applicants to Rockhurst University opt for student loans.
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