$5,632

Avg. Federal Grant

$5,481

Avg. Federal Loan

$79,606,436

Total Aid Awarded

St Lawrence University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$79.606M

Financial Aid Official Website

www.stlawu.edu/financialaid

It is interesting to note that almost every student at SLU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $8,517,092. Notably, a total of 23% of the applicants to St Lawrence University receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 23% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,638, the State Grant receivers and Institution Grant beneficiaries get $3,063 and $34,625, respectively. And, for the Pell Grant awardees, the average aid amount is $4,731. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Lawrence University, the percentage of candidates who opt to avail of student loans is around 55%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

21%

Institution Grant Aid

100%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$5,632

State Grant Aid

$2,974

Institution Grant Aid

$32,825

Pell Grant

$4,716

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$57,184

$30,001 - $48,000

$53,879

$48,001 - $75,000

$48,238

$75,001 - $110,000

$42,502

Over $110,000

$29,443

Student Loans for St Lawrence University

Average Loan Amount Average Loan Amount received per year.

$7,244/Year

Students Taking Out Loans

59%

Loan Default Rate

3.5%

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