Brenau University Financial Aid and Scholarships
Students Receiving Aid
82%
Total Aid Amount
$17.352M
Financial Aid Official Website
https://www.brenau.edu/admissions/financialaid/
Such schemes include Ada Little Business Scholarship, Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, and Georgia Tuition Equalization Grant. As many as 97% of the students at BU get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,495,793 in a year. One can visit BU's financial aid page at https://www.brenau.edu/admissions/financialaid/ for more information. The total percentage of candidates applying to Brenau University who receive the Federal Grant is 57%. On the other hand, 97% of the candidates get the Student Grant, 87% receive the Institution Grant, and 57% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,207, and the same stands at $3,369 for State Grant awardees and $16,648 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,349. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $26,958 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $18,606 and $19,482, respectively. On the other hand, the average federal aid stands at $21,816 for those with an annual family income between $75,001 and $110,000, and at $21,823 for an income more than $110,000. 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 BU, an estimated number of 74% of the applicants choose to go for student loans.