$4,973

Avg. Federal Grant

$6,052

Avg. Federal Loan

$58,157,245

Total Aid Awarded

Stevenson University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$58.157M

Financial Aid Official Website

www.stevenson.edu/admissions/finaid/

Among them are scholarship programs such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship. Notably, 99% of the students at Stevenson University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $12,959,115. For additional information about financial assistance schemes, one can head over to SU’s financial aid page at http://www.stevenson.edu/admissions/finaid/. The total percentage of candidates applying to Stevenson University who receive the Federal Grant is 30%. In comparison, 97% of the students are awarded the Student Grant, 96% get the Institution Grant, and 30% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,135, the State Grant receivers and Institution Grant beneficiaries get $6,626 and $19,933, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,491. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $27,360 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $23,267 and $21,381, respectively. Those with an annual income level of $75,001-$110,000 would receive $18,576, while candidates with more than $110,000 of family income receive an average federal aid of $17,069. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 62% of the applicants to Stevenson University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

29%

Institution Grant Aid

97%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,973

State Grant Aid

$7,855

Institution Grant Aid

$19,300

Pell Grant

$4,957

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$33,197

$30,001 - $48,000

$26,506

$48,001 - $75,000

$22,223

$75,001 - $110,000

$20,173

Over $110,000

$20,535

Student Loans for Stevenson University

Average Loan Amount Average Loan Amount received per year.

$8,909/Year

Students Taking Out Loans

61%

Loan Default Rate

6.3%

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