Susquehanna University Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$70.649M
Financial Aid Official Website
www.susqu.edu/admission-and-aid/tuition-and-financial-aid
Such schemes include Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Dean's Scholarship, and Degenstein Scholarship. It is interesting to note that, every year, around 98% of students at SU receive some kind of financial aid, while the total amount of assistance/loans provided is $11,410,170. More information regarding the financial assistance schemes can be accessed on SU’s official financial aid page at http://www.susqu.edu/admission-and-aid/tuition-and-financial-aid. At SU, the total percentage of applicants who receive the Federal Grant stands at 31%. On the other hand, 97% of the candidates get the Student Grant, 97% receive the Institution Grant, and 31% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,849, and the same stands at $3,642 for State Grant awardees and $32,340 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,533. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $39,615 in a year. The average aid amount stands at $39,084 for an annual family income between $30,001 and $48,000. This amount comes to $34,335 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $31,288 for those with an annual family income between $75,001 and $110,000, and at $26,325 for an income more than $110,000. 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. Candidates are also required to repay these loans within a given period. At Susquehanna University, the percentage of candidates who opt to avail of student loans is around 75%.
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