Avila University Financial Aid and Scholarships
Students Receiving Aid
80%
Total Aid Amount
$15.574M
Financial Aid Official Website
https://www.avila.edu/admission-aid/financial-aid
Such schemes include Avila University Access Missouri Financial Assistance Program, Avila University Achievement Award, Avila University Bright Flight Program, and Avila University Scholar Award. Interestingly, almost all of the students at AU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $7,581,253 in a year. For additional information about financial assistance schemes, one can head over to AU’s financial aid page at https://www.avila.edu/admission-aid/financial-aid. The total percentage of candidates applying to Avila University who receive the Federal Grant is 46%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 46% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,537, and the same stands at $1,799 for State Grant awardees and $9,297 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,292. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $14,362 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $19,362 and $17,343, respectively. Those with an annual income level of $75,001-$110,000 would receive $16,416, while candidates with more than $110,000 of family income receive an average federal aid of $15,671. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Avila University, the percentage of candidates who opt to avail of student loans is around 79%.
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