$4,881

Avg. Federal Grant

$6,504

Avg. Federal Loan

$9,366,008

Total Aid Awarded

Stephens College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$9.366M

Financial Aid Official Website

https://www.stephens.edu/admissions-and-aid/financial-aid/

Interestingly, almost all of the students at SC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,709,539 in a year. At SC, the total percentage of applicants who receive the Federal Grant stands at 58%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 58% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,576, while the same comes to $1,538 for State Grant receivers and $18,804 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,609. 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. 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 SC, an estimated number of 97% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

69%

State Grant Aid

50%

Institution Grant Aid

100%

Pell Grant

69%

Average Aid Awarded

Federal Grant Aid

$4,881

State Grant Aid

$1,887

Institution Grant Aid

$17,256

Pell Grant

$4,677

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$23,572

$30,001 - $48,000

$24,113

$48,001 - $75,000

$24,058

$75,001 - $110,000

$20,330

Over $110,000

$13,735

Student Loans for Stephens College

Average Loan Amount Average Loan Amount received per year.

$7,477/Year

Students Taking Out Loans

97%

Loan Default Rate

5.5%

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