$4,412

Avg. Federal Grant

$5,241

Avg. Federal Loan

$14,558,369

Total Aid Awarded

Shawnee State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$14.558M

Financial Aid Official Website

www.shawnee.edu/offices/financial-aid/

Among them are scholarship programs such as Academic Excellence Scholarship, Achievement Scholarship, American Legion Post 23 Scholarship, and Aristech Scholarship. It is interesting to note that, every year, around 97% of students at SSU receive some kind of financial aid, while the total amount of assistance/loans provided is $11,352,843. At SSU, the total percentage of applicants who receive the Federal Grant stands at 44%. In comparison, 89% of the students are awarded the Student Grant, 55% get the Institution Grant, and 44% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,665, and the same stands at $1,801 for State Grant awardees and $4,276 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,000. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 61% of the applicants to Shawnee State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

39%

Institution Grant Aid

89%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,412

State Grant Aid

$1,214

Institution Grant Aid

$2,664

Pell Grant

$4,415

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,656

$30,001 - $48,000

$4,538

$48,001 - $75,000

$1,668

$75,001 - $110,000

$130

Over $110,000

N/A

Student Loans for Shawnee State University

Average Loan Amount Average Loan Amount received per year.

$5,772/Year

Students Taking Out Loans

61%

Loan Default Rate

16.3%