Castleton University Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$10.975M
Financial Aid Official Website
www.castleton.edu/admissions/scholarships-financial-aid/
Among them are scholarship programs such as Denton and Ann Lyon Scholarship, Emily Lester Vermont Opportunity Scholarship, Jedidiah Zabrosky Scholarship, and Kittredge Coddington Memorial Scholarship. As many as 99% of the students at CU get some sort of financial aid, and the total amount of assistance/loans provided is more than $8,414,367 in a year. Notably, a total of 39% of the applicants to Castleton University receive the Federal Grant every year. Meanwhile, 94% of the applicants receive the Student Grant and 92% are awarded the Institution Grant, while 39% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,123, while the same comes to $1,677 for State Grant receivers and $7,897 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,465. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 CU, an estimated number of 78% of the applicants choose to go for student loans.