OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Drew University Financial Aid and Scholarships 2022

Drew University which is a private, United Methodist university, is located in Madison, New Jersey. At Drew University, around 97% of the students are 24 and under. And, when it comes to gender distribution at the varsity, around 58% of the students are females and 42% are males. Finally, at DU around 47% are white, 18% are Non-resident alien, and 16% belong to Hispanic ethnicity. Some of the notable alumni which the school has produced in its several years of existence are Craig B. Stanford,

Drew University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$46.991M

Financial Aid Official Website

www.drew.edu/financial-aid/

As many as 99% of the students at DU get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,168,535 in a year. The total percentage of candidates applying to Drew University who receive the Federal Grant is 34%. On the other hand, 98% of the candidates get the Student Grant, 98% receive the Institution Grant, and 34% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,473, and the same stands at $10,227 for State Grant awardees and $24,025 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,929. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. Every year, around 66% of the applicants to Drew University opt for student loans.

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