$5,121

Avg. Federal Grant

$9,834

Avg. Federal Loan

$56,501,914

Total Aid Awarded

University of Bridgeport (UB) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$56.502M

Financial Aid Official Website

www.bridgeport.edu/finaid/financial-aid-information-all-students/

Notably, 99% of the students at University of Bridgeport get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $20,677,701. Notably, a total of 58% of the applicants to University of Bridgeport receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 57% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,161, and the same stands at $2,458 for State Grant awardees and $23,947 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,445. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 91% of the applicants to University of Bridgeport opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

25%

Institution Grant Aid

99%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$5,121

State Grant Aid

$2,367

Institution Grant Aid

$22,343

Pell Grant

$4,669

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$27,938

$30,001 - $48,000

$27,331

$48,001 - $75,000

$25,395

$75,001 - $110,000

$24,984

Over $110,000

$21,044

Student Loans for University of Bridgeport (UB)

Average Loan Amount Average Loan Amount received per year.

$10,984/Year

Students Taking Out Loans

78%

Loan Default Rate

8.3%

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