Concordia University Financial Aid and Scholarships
Students Receiving Aid
88%
Total Aid Amount
$19.126M
Financial Aid Official Website
www.cu-portland.edu/admission/financial-aid
Such schemes include Concordia Shuffle Entrance Scholarship, Departmental Entrance Scholarship, Loyola Alumni Association Education Grant, and Mature Students Entrance Scholarship. 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 $8,780,573. Notably, a total of 39% of the applicants to Concordia University-Portland receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 39% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,796, and the same stands at $2,954 for State Grant awardees and $20,431 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,980. 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. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CUP, an estimated number of 66% of the applicants choose to go for student loans.
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