$1,668

Avg. Federal Grant

$6,997

Avg. Federal Loan

$14,568,626

Total Aid Awarded

Stratford University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$14.569M

Financial Aid Official Website

www.stratford.edu/services/financial/student-financial-services

Stratford University believes in making education possible and affordable for anyone who wishes to study in the university. To realize that purpose, Stratford University provides multiple scholarships, and grants. Let's look at some of the scholarships that Stratford University provides. 83% of total students receive some kind of financial aid, the amount of which comes up to around $14,568,626.

Scholarships

Scholarships are based on merit in different spheres to encourage students.

  • Stratford First Scholarship: This scholarship is awarded to students who are high school graduates, are new to the university, and enroll in fall and summer sessions
  • Stratford Culinary Competition Scholarship: This scholarship is offered to team members of a winning team who placed 1st, 2nd, or 3rd in the Pro Start, CCAP, or Skills USA competitions in Virginia or Maryland.

To know more about these scholarships and many others, click here.

Grants

Grants are the financial aid options that are available to students who are in need of finances to complete their degree. Some grants that Stratford University are:

  • Federal Pell Grant: This grant is awarded to students by the US Federal Government to students who are in need of finances, and don't have a prior undergraduate or graduate degree.
  • Federal Supplemental Educational Opportunity Grant (FSEOG): this grant is awarded to students who are in extreme requirement of finances and are generally receivers of Federal Pell Grant.

To know more about federal aids, click here.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

27%

State Grant Aid

N/A

Institution Grant Aid

9%

Pell Grant

27%

Average Aid Awarded

Federal Grant Aid

$1,668

State Grant Aid

N/A

Institution Grant Aid

$1,666

Pell Grant

$1,668

Here is a detailed breakdown of the financial aids that you can expect to receive at Stratford University. On an average, almost835% of students get financial aids.

  • Approximately 27% of the students get Federal Grant Aid, which comes to around $1,668
  • The same percentage of students receive the Pell Grant aid, which is 27% of the student population. The amount comes up to $1,668
  • The least amount of aids comes from the institution as 9% of students receive it. The amount for this aid is around $1,666
  • 27% of the students take a loan at the default rate of 19.3%, the amount for which is $6,997 approximately.

Federal Aid based on Family Income

Lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $2,223 and the amount decreases as we go further up in the scale.

Student Loans for Stratford University

Average Loan Amount Average Loan Amount received per year.

$6,997/Year

Students Taking Out Loans

27%

Loan Default Rate

19.3%

Unlike the previously mentioned aids, student loans are self-help aids, which means you will have to either earn or pay back the aids that you receive through this kind of aid. Stratford University provides students with federal loan options:

  • Unsubsidized Federal Stafford Loans
  • Subsidized Federal Stafford Loans
  • Federal PLUS Loans

To know more about the loans, eligiblity and so on, click here.

Please fill your FAFSA form to be considered eligible for federal aid.

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