$5,251

Avg. Federal Grant

$5,689

Avg. Federal Loan

$42,755,327

Total Aid Awarded

Rutgers University-Camden Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$42.755M

Financial Aid Official Website

https://financialaid.rutgers.edu

As many as 99% of the students at RUC get some sort of financial aid, and the total amount of assistance/loans provided is more than $35,910,816 in a year. For additional information about financial assistance schemes, one can head over to RUC’s financial aid page at https://financialaid.rutgers.edu. Notably, a total of 52% of the applicants to Rutgers University-Camden receive the Federal Grant every year. Meanwhile, 96% of the applicants receive the Student Grant and 92% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,480, while the same comes to $7,831 for State Grant receivers and $7,778 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,731. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 62% of the applicants to Rutgers University-Camden opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

48%

Institution Grant Aid

73%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$5,251

State Grant Aid

$7,723

Institution Grant Aid

$7,362

Pell Grant

$4,929

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$16,620

$30,001 - $48,000

$17,202

$48,001 - $75,000

$14,162

$75,001 - $110,000

$9,118

Over $110,000

$2,101

Student Loans for Rutgers University-Camden

Average Loan Amount Average Loan Amount received per year.

$6,389/Year

Students Taking Out Loans

65%

Loan Default Rate

3.8%

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