$3,153

Avg. Federal Grant

$3,857

Avg. Federal Loan

$6,879,557

Total Aid Awarded

Saint Augustines University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$6.880M

Financial Aid Official Website

admissions.st-aug.edu/financial-aid.html

Among them are scholarship programs such as North Carolina Student Incentive Grant and Triangle Scholarship Program. As many as 99% of the students at SAU get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,282,942 in a year. At SAU, the total percentage of applicants who receive the Federal Grant stands at 83%. On the other hand, 97% of the candidates get the Student Grant, 72% receive the Institution Grant, and 82% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,231, and the same stands at $4,787 for State Grant awardees and $7,322 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,114. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SAU, an estimated number of 87% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

86%

State Grant Aid

65%

Institution Grant Aid

60%

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$3,153

State Grant Aid

$1,422

Institution Grant Aid

$4,270

Pell Grant

$2,767

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,151

$30,001 - $48,000

$6,704

$48,001 - $75,000

$5,423

$75,001 - $110,000

$3,095

Over $110,000

$1,250

Student Loans for Saint Augustines University

Average Loan Amount Average Loan Amount received per year.

$3,939/Year

Students Taking Out Loans

86%

Loan Default Rate

18.6%

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