DePaul University Financial Aid and Scholarships
Students Receiving Aid
83%
Total Aid Amount
$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.
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