Augusta University Financial Aid and Scholarships
Students Receiving Aid
77%
Total Aid Amount
$29.071M
Financial Aid Official Website
www.augusta.edu/finaid
It is interesting to note that, every year, around 93% of students at AU receive some kind of financial aid, while the total amount of assistance/loans provided is $17,304,677. The total percentage of candidates applying to Augusta University who receive the Federal Grant is 43%. On the other hand, 88% of the candidates get the Student Grant, 13% receive the Institution Grant, and 43% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,956, while the same comes to $5,598 for State Grant receivers and $10,724 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,791. 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. 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 51% of the applicants to Augusta University opt for student loans.
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