$5,315

Avg. Federal Grant

$4,985

Avg. Federal Loan

$100,370,447

Total Aid Awarded

Santa Clara University (SCU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$100.370M

Financial Aid Official Website

www.scu.edu/financialaid/

Among them are scholarship programs such as ASTA Northern California Chapter - Richard Epping Scholarship, AWA Scholarship Awards, CCNMA Scholarship, and Cal Grant A. It is interesting to note that, every year, around 68% of students at SCU receive some kind of financial aid, while the total amount of assistance/loans provided is $9,040,634. The total percentage of candidates applying to Santa Clara University who receive the Federal Grant is 12%. In comparison, 64% of the students are awarded the Student Grant, 63% get the Institution Grant, and 12% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,604, while the same comes to $9,018 for State Grant receivers and $27,047 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,628. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Santa Clara University, the percentage of candidates who opt to avail of student loans is around 29%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

10%

State Grant Aid

9%

Institution Grant Aid

72%

Pell Grant

10%

Average Aid Awarded

Federal Grant Aid

$5,315

State Grant Aid

$9,027

Institution Grant Aid

$25,905

Pell Grant

$4,708

Santa Clara University provides multiple aids to students. The total aid award amount comes up to $100,370,447 and about 69% of the students who applied for the aid actually receive the aid.

  • Federal Grant average aid is $5,315,with the percentage of students receiving it standing at 10%.

  • Pell Grant average aid is $4,708 and the percentage of students receiving it is 10%.

  • 9% of students receive State Grants that contain an average aid of $9,027.

  • Institution Grant average aid worth an average of $25,905 is received by 72% of students applying for it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$47,947

$30,001 - $48,000

$47,225

$48,001 - $75,000

$42,374

$75,001 - $110,000

$32,856

Over $110,000

$23,256

The average federal aid in Santa Clara University is calculated according to the family income of the student.

The Federal aid for the family income is based on the family income bracket as decided. These aids keep changing as per the decided income bracket. For the income bracket between $0-30,000 the aid amount is the highest which is $47,947. Slight change is observed in the aid amount when the range is $30,001-48,000 the amount comes up to $47,225.For an income range $48,001-75,000 the aid provided is $42,374. When the income range increases the aid amount decreases to $32,856. When the range becomes $110,000 and more the aid amount becomes $23,256.

Student Loans for Santa Clara University (SCU)

Average Loan Amount Average Loan Amount received per year.

$6,636/Year

Students Taking Out Loans

34%

Loan Default Rate

0.7%

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