Adams State University Financial Aid and Scholarships
Students Receiving Aid
75%
Total Aid Amount
$12.174M
Financial Aid Official Website
www.adams.edu/finaid
Such schemes include Adams State Alumni Scholarship, Adams State Classified Employees Scholarship, Alamosa Community Service Scholarship, and Alamosa Rotary Scholarship. As many as 98% of the students at ASU get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,792,666 in a year. Notably, a total of 58% of the applicants to Adams State University receive the Federal Grant every year. In comparison, 92% of the students are awarded the Student Grant, 75% get the Institution Grant, and 58% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,424, the State Grant receivers and Institution Grant beneficiaries get $3,666 and $4,229, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,031. 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. 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 ASU, an estimated number of 55% of the applicants choose to go for student loans.