N/A

Avg. Federal Grant

$5,492

Avg. Federal Loan

$35,081,441

Total Aid Awarded

Eastern Illinois University (EIU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$35.081M

Financial Aid Official Website

www.eiu.edu/finaid/

In order to make the University courses a bit more affordable, Eastern Illinois University (EIU), Charleston, Illinois, offers an option of scholarships, grants, student loans, and work opportunities. The amount of financial aid provided by the University depends on the income profile of the students which in turn affects the Net Price payable.

  •  The students who are opting for any sort of financial aid must fill the federal school code (FAFSA code) which is 001674.

  •  One must provide residency proof and family income proof before applying for financial assistance.

  • A total of $35,081,441 is awarded as financial aid every year.

  • The average Federal loans received per year sums up to $5,492 that is benefited 70% of the net student population.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

N/A

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

N/A

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,667

Almost 70% of the students in this university receive such financial aids. The following data will help you in getting a better knowledge of the financial aids and your possibility of accessing them.

On an average 55% of the student population avails Federal Aid in the form of Pell grants and claims $4,667.

The other categories of financial assistance given by EIU are subjected to changes so make sure to check the official website of the University.

Student Loans for Eastern Illinois University (EIU)

Average Loan Amount Average Loan Amount received per year.

$6,087/Year

Students Taking Out Loans

69%

Loan Default Rate

7.2%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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