The Catholic University of America (CUA) Financial Aid and Scholarships
Students Receiving Aid
86%
Total Aid Amount
$67.418M
Financial Aid Official Website
https://www.catholic.edu/admission/undergraduate/first-year-students/financial-aid
It is interesting to note that, every year, around 97% of students at TCUA receive some kind of financial aid, while the total amount of assistance/loans provided is $10,465,286. One can visit TCUA's financial aid page at https://www.catholic.edu/admission/undergraduate/first-year-students/financial-aid for more information. At TCUA, the total percentage of applicants who receive the Federal Grant stands at 13%. On the other hand, 97% of the candidates get the Student Grant, 97% receive the Institution Grant, and 13% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,171, the State Grant receivers and Institution Grant beneficiaries get $1,635 and $26,373, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,609. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $34,392 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $35,312, while those falling in the $48,001-$75,000 income category get $34,058 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $29,173. And, for those with a family income of more than $110,000, the amount stands at $22,433. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At TCUA, an estimated number of 55% of the applicants choose to go for student loans.
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