OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Christopher Newport University (CNU) Financial Aid and Scholarships 2022

Christopher Newport University is a public university located in Newport News, VA. The university covers an area of 260 acres. The foundation of Christopher Newport University was laid down in the year 1960. Christopher Newport University believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Students Come First and its official colors are royal blue and gray. Out of total 4,957 students enrol

Christopher Newport University (CNU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$16.507M

Financial Aid Official Website

cnu.edu/financialaid/

Among them are scholarship programs such as AHEPA Scholarship Endowment, Alexick/Felcher Art Endowed Scholarship, Margaret Ann Webb Abbitt Endowed Scholarship, and Virginia Military Survivors and Dependents Education Program. As many as 75% of the students at CNU get some sort of financial aid, and the total amount of assistance/loans provided is more than $14,327,791 in a year. More information regarding the financial assistance schemes can be accessed on CNU’s official financial aid page at http://cnu.edu/financialaid/. At CNU, the total percentage of applicants who receive the Federal Grant stands at 12%. In comparison, 60% of the students are awarded the Student Grant, 47% get the Institution Grant, and 12% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,602, and the same stands at $3,058 for State Grant awardees and $3,669 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,384. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Christopher Newport University, the percentage of candidates who opt to avail of student loans is around 48%.

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