$4,807

Avg. Federal Grant

$5,358

Avg. Federal Loan

$29,224,089

Total Aid Awarded

University of Saint Francis Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$29.224M

Financial Aid Official Website

financialaid.sf.edu/

Among them are scholarship programs such as Academic Transfer Scholarship, Achievement Scholarship, Alice Ann Garner Scholarship, and Amy L. McKee-Everett Memorial Scholarship. It is interesting to note that, every year, around 99% of students at USFFW receive some kind of financial aid, while the total amount of assistance/loans provided is $8,564,326. More information regarding the financial assistance schemes can be accessed on USFFW’s official financial aid page at http://financialaid.sf.edu/. The total percentage of candidates applying to University of Saint Francis-Fort Wayne who receive the Federal Grant is 41%. Meanwhile, 99% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 41% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,236, the State Grant receivers and Institution Grant beneficiaries get $6,671 and $16,050, respectively. And, for the Pell Grant awardees, the average aid amount is $4,214. 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 $21,635 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $22,161, while those falling in the $48,001-$75,000 income category get $18,494 a year. On the other hand, the average federal aid stands at $16,108 for those with an annual family income between $75,001 and $110,000, and at $15,670 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. At University of Saint Francis-Fort Wayne, the percentage of candidates who opt to avail of student loans is around 66%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

50%

Institution Grant Aid

100%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,807

State Grant Aid

$7,031

Institution Grant Aid

$15,856

Pell Grant

$4,578

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,999

$30,001 - $48,000

$24,997

$48,001 - $75,000

$21,365

$75,001 - $110,000

$18,011

Over $110,000

$15,922

Student Loans for University of Saint Francis

Average Loan Amount Average Loan Amount received per year.

$6,866/Year

Students Taking Out Loans

72%

Loan Default Rate

5.5%

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