Fairleigh Dickinson University (FDU) Financial Aid and Scholarships
Students Receiving Aid
57%
Total Aid Amount
$70.148M
Financial Aid Official Website
view2.fdu.edu/admissions/financial-aid/
It is interesting to note that almost every student at FDUMC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $14,536,896. The total percentage of candidates applying to Fairleigh Dickinson University-Metropolitan Campus who receive the Federal Grant is 56%. In comparison, 100% of the students are awarded the Student Grant, 99% get the Institution Grant, and 56% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,840, the State Grant receivers and Institution Grant beneficiaries get $10,650 and $26,746, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,859. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 FDUMC, an estimated number of 66% of the applicants choose to go for student loans.