DeSales University Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

DeSales University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$35.654M

Financial Aid Official Website

www.desales.edu/admissions-financial-aid/undergraduate-admissions-aid/financial-aid-scholarships

It is interesting to note that almost every student at DU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $11,628,649. For additional information about financial assistance schemes, one can head over to DU’s financial aid page at http://www.desales.edu/admissions-financial-aid/undergraduate-admissions-aid/financial-aid-scholarships. Notably, a total of 26% of the applicants to DeSales University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 26% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,156, and the same stands at $3,301 for State Grant awardees and $21,582 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,065. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $27,172 in a year. The average aid amount stands at $25,273 for an annual family income between $30,001 and $48,000. This amount comes to $23,297 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 $20,398, while candidates with more than $110,000 of family income receive an average federal aid of $18,325. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At DeSales University, the percentage of candidates who opt to avail of student loans is around 73%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

28%

State Grant Aid

29%

Institution Grant Aid

100%

Pell Grant

28%

Average Aid Awarded

Federal Grant Aid

$5,096

State Grant Aid

$3,344

Institution Grant Aid

$20,071

Pell Grant

$4,643

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants, and institutional grants, with institutional grants having the highest percentage contribution of 100% with an average aid amount being $20,071.

Pell grants have a percentage of 28% with an average aid amount of $4,643 which is higher than the State grant aid average of $3,344. To get detailed information about the financial aid break down and the financial aid eligibility please refer to the official website.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$29,109

$30,001 - $48,000

$28,626

$48,001 - $75,000

$25,152

$75,001 - $110,000

$22,697

Over $110,000

$20,042

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $29,109 while those with family income over $110,000 can expect to receive an aid amount of $20,042. This helps students who are coming from low-income homes to pay for their degrees.

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