$5,347

Avg. Federal Grant

$5,723

Avg. Federal Loan

$418,000,000

Total Aid Awarded

St. John's University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$418.000M

Financial Aid Official Website

www.stjohns.edu/services/financial

Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $40,891,124. For additional information about financial assistance schemes, one can head over to SJUNY’s financial aid page at http://www.stjohns.edu/services/financial. The total percentage of candidates applying to St John's University-New York who receive the Federal Grant is 38%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 38% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,718, and the same stands at $3,318 for State Grant awardees and $23,895 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,144. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $29,026 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $27,993 and $25,606, respectively. On the other hand, the average federal aid stands at $23,404 for those with an annual family income between $75,001 and $110,000, and at $21,898 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At SJUNY, an estimated number of 51% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

42%

Institution Grant Aid

100%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$5,347

State Grant Aid

$3,227

Institution Grant Aid

$23,546

Pell Grant

$4,909

At St. John’s University, around 42% of the students receive federal grant aid while the average Federal grant aid received per student is around $5,347. On the other hand, 100% of the students at the university receive Institutional grants aid and the average Institutional grant aid sums up to $23,546.

Similarly, 42% of the students are benefited from State grant aid and the average State grant aid received by each student amounts to $3,337.

And about 41% of all the students receive Pell Grant and the average Pell grant awarded is around $4,909 per person.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$29,579

$30,001 - $48,000

$28,932

$48,001 - $75,000

$27,413

$75,001 - $110,000

$25,241

Over $110,000

$22,938

Financial aid is provided to students through scholarships and grants and scholarships are provided eyeing on their family income.

For the families whose income is below $30,000 annually, the average net price sums around $22,375. Families whose income ranges between $30,000 to $48,000 have to pay $23,408 and for families that range between $48,000 to $75,000, their average bet price is around $25,795.

Similarly, as we move higher up in income levels, for the families having an income of $75,000 to $110,000 have average net price around $27,997 and high-income families ($110,000 and above) incur an amount of at least $29,503.

69% of the 16,429 undergraduate students at St John's University, New York obtained some sort of grant aid. A total of approximately 11,366 students obtaining an average of $23,586 per person.

Student Loans for St. John's University

Average Loan Amount Average Loan Amount received per year.

$7,553/Year

Students Taking Out Loans

57%

Loan Default Rate

5%

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