$5,516

Avg. Federal Grant

$4,547

Avg. Federal Loan

$10,832,080

Total Aid Awarded

Elizabeth City State University (ECSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$10.832M

Financial Aid Official Website

ecsu.edu/financialaid/

Among them are scholarship programs such as Development Fund for Black Students in Science and Technology Scholarship, North Carolina Student Incentive Grant, Thurgood Marshall College Fund Scholarships, and Triangle Scholarship Program. It is interesting to note that, every year, around 97% of students at ECSU receive some kind of financial aid, while the total amount of assistance/loans provided is $5,811,634. One can visit ECSU's financial aid page at http://ecsu.edu/financialaid/ for more information. Notably, a total of 75% of the applicants to Elizabeth City State University receive the Federal Grant every year. Meanwhile, 95% of the applicants receive the Student Grant and 68% are awarded the Institution Grant, while 75% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,508, the State Grant receivers and Institution Grant beneficiaries get $3,249 and $3,605, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,099. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 69% of the applicants to Elizabeth City State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

86%

Institution Grant Aid

85%

Pell Grant

74%

Average Aid Awarded

Federal Grant Aid

$5,516

State Grant Aid

$4,859

Institution Grant Aid

$3,340

Pell Grant

$5,133

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,383

$30,001 - $48,000

$11,778

$48,001 - $75,000

$9,084

$75,001 - $110,000

$6,570

Over $110,000

$5,972

Student Loans for Elizabeth City State University (ECSU)

Average Loan Amount Average Loan Amount received per year.

$4,760/Year

Students Taking Out Loans

64%

Loan Default Rate

16.3%

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