$6,031

Avg. Federal Grant

$5,399

Avg. Federal Loan

$128,131,970

Total Aid Awarded

Seton Hall University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$128.132M

Financial Aid Official Website

https://www.shu.edu/financial-aid/

Interestingly, almost all of the students at SHU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $20,819,171 in a year. For additional information about financial assistance schemes, one can head over to SHU’s financial aid page at https://www.shu.edu/financial-aid/. The total percentage of candidates applying to Seton Hall University who receive the Federal Grant is 28%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 27% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,264, while the same comes to $9,969 for State Grant receivers and $22,787 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,173. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $34,423 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $33,155 and $26,195, respectively. On the other hand, the average federal aid stands at $21,959 for those with an annual family income between $75,001 and $110,000, and at $19,421 for an income more than $110,000. 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. At SHU, an estimated number of 59% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

27%

State Grant Aid

22%

Institution Grant Aid

97%

Pell Grant

27%

Average Aid Awarded

Federal Grant Aid

$6,031

State Grant Aid

$9,786

Institution Grant Aid

$21,193

Pell Grant

$5,109

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$35,049

$30,001 - $48,000

$31,963

$48,001 - $75,000

$27,010

$75,001 - $110,000

$23,078

Over $110,000

$19,899

Student Loans for Seton Hall University

Average Loan Amount Average Loan Amount received per year.

$10,936/Year

Students Taking Out Loans

57%

Loan Default Rate

3.8%

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