$7,257

Avg. Federal Grant

$5,640

Avg. Federal Loan

$95,881,055

Total Aid Awarded

Seattle University (SU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$95.881M

Financial Aid Official Website

www.seattleu.edu/sfs/

As many as 98% of the students at SU get some sort of financial aid, and the total amount of assistance/loans provided is more than $17,534,124 in a year. For additional information about financial assistance schemes, one can head over to SU’s financial aid page at http://www.seattleu.edu/sfs/. The total percentage of candidates applying to Seattle University who receive the Federal Grant is 20%. In comparison, 96% of the students are awarded the Student Grant, 96% get the Institution Grant, and 19% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $8,511, the State Grant receivers and Institution Grant beneficiaries get $10,531 and $22,834, respectively. And, for the Pell Grant awardees, the average aid amount is $4,688. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $31,604 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $29,242, while those falling in the $48,001-$75,000 income category get $26,143 a year. On the other hand, the average federal aid stands at $23,168 for those with an annual family income between $75,001 and $110,000, and at $19,320 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At SU, an estimated number of 63% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

8%

Institution Grant Aid

94%

Pell Grant

20%

Average Aid Awarded

Federal Grant Aid

$7,257

State Grant Aid

$9,454

Institution Grant Aid

$21,762

Pell Grant

$4,500

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$32,072

$30,001 - $48,000

$29,216

$48,001 - $75,000

$28,173

$75,001 - $110,000

$25,505

Over $110,000

$20,100

Student Loans for Seattle University (SU)

Average Loan Amount Average Loan Amount received per year.

$7,521/Year

Students Taking Out Loans

64%

Loan Default Rate

1.9%

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