$4,692

Avg. Federal Grant

$4,951

Avg. Federal Loan

$4,203,020

Total Aid Awarded

Valley City State University (VCSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$4.203M

Financial Aid Official Website

www.vcsu.edu/financialaid/

Among them are scholarship programs such as Midwest Student Exchange Program, North Dakota Scholars Scholarship, and Western Undergraduate Exchange. As many as 98% of the students at VCSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,907,754 in a year. Notably, a total of 29% of the applicants to Valley City State University receive the Federal Grant every year. Meanwhile, 97% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 28% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,675, the State Grant receivers and Institution Grant beneficiaries get $2,037 and $3,541, respectively. And, for the Pell Grant awardees, the average aid amount is $4,162. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 54% of the applicants to Valley City State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

27%

State Grant Aid

48%

Institution Grant Aid

96%

Pell Grant

27%

Average Aid Awarded

Federal Grant Aid

$4,692

State Grant Aid

$1,909

Institution Grant Aid

$3,878

Pell Grant

$4,033

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,707

$30,001 - $48,000

$10,191

$48,001 - $75,000

$6,365

$75,001 - $110,000

$4,532

Over $110,000

$3,875

Student Loans for Valley City State University (VCSU)

Average Loan Amount Average Loan Amount received per year.

$7,010/Year

Students Taking Out Loans

68%

Loan Default Rate

7.4%