Dillard University Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$15.309M
Financial Aid Official Website
N/A
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 $13,759,607. For additional information about financial assistance schemes, one can head over to DU’s financial aid page at http://www.dillard.edu/_prospective-students/_financial-aid/index.php. Notably, a total of 75% of the applicants to Dillard University receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 75% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,224, and the same stands at $4,633 for State Grant awardees and $8,958 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,017. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $15,198 per year. The average aid amount stands at $13,605 for an annual family income between $30,001 and $48,000. This amount comes to $12,913 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $10,945. And, for those with a family income of more than $110,000, the amount stands at $10,837. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Dillard University, the percentage of candidates who opt to avail of student loans is around 84%.