$4,631

Avg. Federal Grant

$5,664

Avg. Federal Loan

$14,409,890

Total Aid Awarded

Truett McConnell University (TMU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$14.410M

Financial Aid Official Website

https://truett.edu/admissions/financial-aid/

Interestingly, almost all of the students at TMU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,445,158 in a year. At TMU, the total percentage of applicants who receive the Federal Grant stands at 46%. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 46% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,102, and the same stands at $3,421 for State Grant awardees and $8,903 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,574. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At TMU, an estimated number of 70% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

83%

Institution Grant Aid

97%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,631

State Grant Aid

$3,533

Institution Grant Aid

$9,113

Pell Grant

$4,522

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$16,004

$30,001 - $48,000

$14,404

$48,001 - $75,000

$14,586

$75,001 - $110,000

$12,068

Over $110,000

$12,015

Student Loans for Truett McConnell University (TMU)

Average Loan Amount Average Loan Amount received per year.

$6,880/Year

Students Taking Out Loans

58%

Loan Default Rate

12.4%

Other Colleges In Georgia

  • University has over 8,079 undergraduate and 7,372 graduate students continuing their education.

  • University provides scholarships on the basis o

Atlanta, Georgia 4 years Private For-Profit

#N/A

Dahlonega, Georgia 4 years Public

Online Education at Mercer University

Online classes at the university are intended to provide students with the resources they require to succeed. Every class i

Macon, Georgia 4 years Private Not-For-Profit

Other Private not-for-profit Colleges

The university is now regarded among the best universities in the world. It has an endowment of $4.35 billion as of 2019. The university has produced many notable alumni including heads of states, famous writers, artists, and more. A total of 37 Nobel laureates are affiliated wit

New York, New York 4 years Private Not-For-Profit

Cambridge, Massachusetts 4 years Private Not-For-Profit

Located in Lima, OH, University of Northwestern Ohio is a private university. In 1920, University of Northwestern Ohio was founded. Notably, the official colors of the university are burgundy and gray. Out of total 4,500 students enrolled at UNO, 3,158 belong to undergraduate courses while 63 are po

Lima, Ohio 4 years Private Not-For-Profit