Cardinal Stritch University Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$17.204M
Financial Aid Official Website
www.stritch.edu/Cost-Aid/Financial-Aid
Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,650,160. More information regarding the financial assistance schemes can be accessed on CSU’s official financial aid page at http://www.stritch.edu/Cost-Aid/Financial-Aid. At CSU, the total percentage of applicants who receive the Federal Grant stands at 52%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 52% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,137, while the same comes to $3,059 for State Grant receivers and $18,797 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,129. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $22,910 on average in a year. The average aid amount stands at $24,136 for an annual family income between $30,001 and $48,000. This amount comes to $22,766 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $20,404 for those with an annual family income between $75,001 and $110,000, and at $16,791 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. Candidates are also required to repay these loans within a given period. At Cardinal Stritch University, the percentage of candidates who opt to avail of student loans is around 76%.
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