$5,600

Avg. Federal Grant

$5,617

Avg. Federal Loan

$49,630,304

Total Aid Awarded

Ursinus College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$49.630M

Financial Aid Official Website

www.ursinus.edu/offices/student-financial-services/financial-aid/

Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, Steinbright Scholarship, and Technology Scholarship. Notably, 99% of the students at Ursinus College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,434,141. Notably, a total of 25% of the applicants to Ursinus College receive the Federal Grant every year. Meanwhile, 97% of the applicants receive the Student Grant and 97% are awarded the Institution Grant, while 25% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,468, while the same comes to $3,434 for State Grant receivers and $35,260 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,720. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At UC, an estimated number of 70% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

20%

State Grant Aid

19%

Institution Grant Aid

97%

Pell Grant

20%

Average Aid Awarded

Federal Grant Aid

$5,600

State Grant Aid

$3,815

Institution Grant Aid

$32,774

Pell Grant

$4,666

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$45,024

$30,001 - $48,000

$42,290

$48,001 - $75,000

$39,525

$75,001 - $110,000

$37,974

Over $110,000

$32,190

Student Loans for Ursinus College

Average Loan Amount Average Loan Amount received per year.

$8,887/Year

Students Taking Out Loans

68%

Loan Default Rate

2.5%

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