Arizona Christian University Financial Aid and Scholarships
Students Receiving Aid
88%
Total Aid Amount
$9.874M
Financial Aid Official Website
arizonachristian.edu/admissions/financial-aid
Interestingly, almost all of the students at ACU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,442,515 in a year. For additional information about financial assistance schemes, one can head over to ACU’s financial aid page at http://arizonachristian.edu/admissions/financial-aid. Notably, a total of 64% of the applicants to Arizona Christian University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 92% get the Institution Grant, and 61% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,772. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $14,524 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $13,161, while those falling in the $48,001-$75,000 income category get $15,080 a year. On the other hand, the average federal aid stands at $13,530 for those with an annual family income between $75,001 and $110,000, and at $13,384 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 90% of the applicants to Arizona Christian University opt for student loans.
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