Virginia State University (VSU) Financial Aid and Scholarships
Students Receiving Aid
91%
Total Aid Amount
$36.125M
Financial Aid Official Website
www.vsu.edu/financial-aid/index.php
Among them are scholarship programs such as Math, Science, and Technology Scholarship, Presidential Scholarship, Provost Scholarship, and University Scholarship. It is interesting to note that, every year, around 92% of students at VSU receive some kind of financial aid, while the total amount of assistance/loans provided is $26,044,327. For additional information about financial assistance schemes, one can head over to VSU’s financial aid page at http://www.vsu.edu/financial-aid/index.php. At VSU, the total percentage of applicants who receive the Federal Grant stands at 67%. Meanwhile, 92% of the applicants receive the Student Grant and 62% are awarded the Institution Grant, while 67% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,094, and the same stands at $4,056 for State Grant awardees and $1,414 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,700. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Virginia State University, the percentage of candidates who opt to avail of student loans is around 92%.
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