$5,092

Avg. Federal Grant

$5,187

Avg. Federal Loan

$238,644,418

Total Aid Awarded

DePaul University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$238.644M

Financial Aid Official Website

https://www.depaul.edu/admission-and-aid/financial-aid/Pages/default.aspx

Among them are scholarship programs such as AMVETS Post #100 Scholarship, August & Edna Zahatko Scholarship, DePaul Scholars' Award, and Deans' Scholarship. Notably, 98% of the students at DePaul University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $52,052,272. More information regarding the financial assistance schemes can be accessed on DU’s official financial aid page at https://www.depaul.edu/admission-and-aid/financial-aid/Pages/default.aspx. At DU, the total percentage of applicants who receive the Federal Grant stands at 30%. Meanwhile, 98% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 30% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,807, while the same comes to $4,582 for State Grant receivers and $21,315 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,220. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $27,187 per year. The average aid amount stands at $25,723 for an annual family income between $30,001 and $48,000. This amount comes to $24,323 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $21,865, while candidates with more than $110,000 of family income receive an average federal aid of $17,593. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At DU, an estimated number of 59% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

29%

Institution Grant Aid

98%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$5,092

State Grant Aid

$4,516

Institution Grant Aid

$21,056

Pell Grant

$4,434

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$30,269

$30,001 - $48,000

$28,982

$48,001 - $75,000

$28,832

$75,001 - $110,000

$24,810

Over $110,000

$20,450

Student Loans for DePaul University

Average Loan Amount Average Loan Amount received per year.

$6,816/Year

Students Taking Out Loans

62%

Loan Default Rate

4.1%

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