$4,572

Avg. Federal Grant

$7,375

Avg. Federal Loan

$42,634,292

Total Aid Awarded

Vincennes University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

21%

Total Aid Amount Average Total Aid Awarded per year.

$42.634M

Financial Aid Official Website

https://www.vinu.edu/web/financial-services/financial-aid

Among them are scholarship programs such as Alice Ann Garner Scholarship, Amy L. McKee-Everett Memorial Scholarship, Birds Eye Foods (Brooks Foods) Scholarship, and Blackford Agriculture Scholarship. It is interesting to note that, every year, around 89% of students at VU receive some kind of financial aid, while the total amount of assistance/loans provided is $17,609,357. For additional information about financial assistance schemes, one can head over to VU’s financial aid page at https://www.vinu.edu/web/financial-services/financial-aid. The total percentage of candidates applying to Vincennes University who receive the Federal Grant is 55%. Meanwhile, 78% of the applicants receive the Student Grant and 31% are awarded the Institution Grant, while 55% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,573, while the same comes to $4,131 for State Grant receivers and $3,253 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,208. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Vincennes University, the percentage of candidates who opt to avail of student loans is around 54%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

45%

Institution Grant Aid

26%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$4,572

State Grant Aid

$4,121

Institution Grant Aid

$4,458

Pell Grant

$4,437

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,173

$30,001 - $48,000

$7,689

$48,001 - $75,000

$4,412

$75,001 - $110,000

$2,544

Over $110,000

$2,091

Student Loans for Vincennes University

Average Loan Amount Average Loan Amount received per year.

$7,614/Year

Students Taking Out Loans

58%

Loan Default Rate

21.1%

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