$4,580

Avg. Federal Grant

$5,314

Avg. Federal Loan

$30,220,609

Total Aid Awarded

St Francis College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$30.221M

Financial Aid Official Website

www.sfc.edu/studentlife/finaid

Interestingly, almost all of the students at SFC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $7,373,412 in a year. The total percentage of candidates applying to St Francis College who receive the Federal Grant is 53%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 53% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,914, while the same comes to $2,747 for State Grant receivers and $15,167 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,788. 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. Candidates are also required to repay these loans within a given period. At St Francis College, the percentage of candidates who opt to avail of student loans is around 37%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

41%

Institution Grant Aid

91%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,580

State Grant Aid

$3,399

Institution Grant Aid

$13,297

Pell Grant

$5,148

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,220

$30,001 - $48,000

$6,273

$48,001 - $75,000

$4,503

$75,001 - $110,000

$3,188

Over $110,000

$3,284

Student Loans for St Francis College

Average Loan Amount Average Loan Amount received per year.

$5,314/Year

Students Taking Out Loans

44%

Loan Default Rate

8.2%

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