$4,853

Avg. Federal Grant

$5,550

Avg. Federal Loan

$21,260,796

Total Aid Awarded

Viterbo University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$21.261M

Financial Aid Official Website

www.viterbo.edu/financial-aid

Among them are scholarship programs such as Academic Excellence Scholarship, Academic Grant and Scholarship, Alumni Children's Scholarship, and Berg Women's Basketball Scholarship. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $9,052,419. At VU, the total percentage of applicants who receive the Federal Grant stands at 29%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 26% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,220, and the same stands at $3,243 for State Grant awardees and $16,416 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,173. 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. 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 Viterbo University, the percentage of candidates who opt to avail of student loans is around 77%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

27%

State Grant Aid

29%

Institution Grant Aid

100%

Pell Grant

25%

Average Aid Awarded

Federal Grant Aid

$4,853

State Grant Aid

$3,145

Institution Grant Aid

$15,705

Pell Grant

$4,045

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$24,596

$30,001 - $48,000

$23,198

$48,001 - $75,000

$21,560

$75,001 - $110,000

$18,700

Over $110,000

$14,162

Student Loans for Viterbo University

Average Loan Amount Average Loan Amount received per year.

$7,133/Year

Students Taking Out Loans

74%

Loan Default Rate

4.2%

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