Tusculum College Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$22.105M
Financial Aid Official Website
www.tusculum.edu/faid/
Interestingly, almost all of the students at TU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $5,599,321 in a year. Notably, a total of 55% of the applicants to Tusculum University receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 98% receive the Institution Grant, and 55% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,255, the State Grant receivers and Institution Grant beneficiaries get $5,213 and $15,919, respectively. And, for the Pell Grant awardees, the average aid amount is $4,910. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 TU, an estimated number of 66% of the applicants choose to go for student loans.
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