Thomas Jefferson University Financial Aid and Scholarships
Students Receiving Aid
79%
Total Aid Amount
$53.889M
Financial Aid Official Website
www.jefferson.edu/financialaid/
As many as 99% of the students at TJU get some sort of financial aid, and the total amount of assistance/loans provided is more than $19,530,846 in a year. For additional information about financial assistance schemes, one can head over to TJU’s financial aid page at http://www.philau.edu/financialaid/. Notably, a total of 36% of the applicants to Thomas Jefferson University receive the Federal Grant every year. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 36% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,866, and the same stands at $3,667 for State Grant awardees and $28,053 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,778. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $34,269 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $33,350, while those falling in the $48,001-$75,000 income category get $30,928 a year. On the other hand, the average federal aid stands at $27,186 for those with an annual family income between $75,001 and $110,000, and at $21,263 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Thomas Jefferson University, the percentage of candidates who opt to avail of student loans is around 69%.
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