Delaware Valley University Financial Aid and Scholarships
Students Receiving Aid
93%
Total Aid Amount
$39.460M
Financial Aid Official Website
www.delval.edu/offices-services/financial-aid
Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Joseph P. Gavenonis Scholarship, and Ohio College Opportunity Grant. 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 $10,970,962. More information regarding the financial assistance schemes can be accessed on DVU’s official financial aid page at http://www.delval.edu/offices-services/financial-aid. At DVU, the total percentage of applicants who receive the Federal Grant stands at 36%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 36% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,217, while the same comes to $3,677 for State Grant receivers and $24,200 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,705. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $27,556 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $26,796 and $25,124, respectively. On the other hand, the average federal aid stands at $21,619 for those with an annual family income between $75,001 and $110,000, and at $17,291 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. 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. Every year, around 94% of the applicants to Delaware Valley University opt for student loans.