Avg. Federal Grant
Avg. Federal Loan
Total Aid Awarded
Financial Aid Breakdown
53% of students in the university receive some form of aid. The total aid awarded amounts to $54,815,887. For aid received in terms of grants, 25% of students receive federal grant aid. The average federal grant aid a student receives is around $5,192. 25% of students receive the Pell Grant with an average aid of $4,873. 77% of students receive institutional grant aid with an average aid of $6,127.
The average student loan amounts to $6,446 with 34% of students taking out a loan. Based on a standard 10-year payment plan the typical monthly loan payment ranges between $193-262 per month.
Federal Aid based on Family Income
Financial Aid comes in the form of federal aid for universities. This federal aid is given out according to the family income. There are 5 types of groups of income that have been created by the government to give out the funds. These groups help determine the average amount of aid that should be given to a particular family. With the average family income being between $0-48,000 most students do require financial aid in some form or another.
Families with income less than $30,000 receive the aid of around $14,338. Income between $30,001-48,000 aid of $10,990 is received. Family income ranging between $48,001-75,000 receives the aid of $4,407. Families with income between $75,001-110,000 receive aid of $1,122. Lastly, families with incomes greater than $110,001 receive the aid of $465.