$4,995

Avg. Federal Grant

$5,378

Avg. Federal Loan

$21,112,937

Total Aid Awarded

Frostburg State University (FSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$21.113M

Financial Aid Official Website

www.frostburg.edu/admissions-and-cost/financial-aid/index.php

Among them are scholarship programs such as Academic Excellence Leadership Award, Academic Excellence Scholarship for Entering Freshmen, Annual Fund Award for Excellence, and Christa McAuliffe Scholarship. It is interesting to note that, every year, around 92% of students at FSU receive some kind of financial aid, while the total amount of assistance/loans provided is $15,451,438. At FSU, the total percentage of applicants who receive the Federal Grant stands at 39%. In comparison, 79% of the students are awarded the Student Grant, 73% get the Institution Grant, and 39% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,990, the State Grant receivers and Institution Grant beneficiaries get $4,358 and $3,179, respectively. And, for the Pell Grant awardees, the average aid amount is $4,491. 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. Candidates are also required to repay these loans within a given period. At Frostburg State University, the percentage of candidates who opt to avail of student loans is around 61%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

33%

Institution Grant Aid

64%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,995

State Grant Aid

$4,540

Institution Grant Aid

$3,240

Pell Grant

$4,850

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,702

$30,001 - $48,000

$9,927

$48,001 - $75,000

$5,231

$75,001 - $110,000

$1,725

Over $110,000

$1,309

Student Loans for Frostburg State University (FSU)

Average Loan Amount Average Loan Amount received per year.

$7,067/Year

Students Taking Out Loans

67%

Loan Default Rate

8.7%

Other Colleges In Maryland

A public university by the name of Bowie State University is located in Bowie, Maryland. At Bowie State University, around 84% of the students are 24 and under. And, when it comes to gender distribution at the varsity, around 61% of the students are females and 39% are males. Finally, at BSU arou

Bowie, Maryland 4 years Public

Located in Westminster, Maryland, McDaniel College is a private university. At McDaniel College, around 98% of the students are 24 and under. And, when it comes to gender distribution at the varsity, around 52% of the students are females and 48% are males. Finally, at MC around 57% are white, 21% a

Westminster, Maryland 4 years Private Not-For-Profit

Montgomery College is a public university located in Rockville, Maryland. At Montgomery College, the total enrolment stands at 21,260. The school has an academic staff of 1250 who teach various courses to the students. Around 70% of the students are 24 and under at Montgomery College. Shedding so

Rockville, Maryland 2 years Public

Other Public Colleges


Online Education at GPTC

The goal of distance education and online studies at Georgia Piedmont Technical College is to provide our students with the opportunity to access quality instruction anytime, anywhere. Such access facilitates a barrier-free delivery of ins

Clarkston, Georgia 2 years Public


Online Education at SOSU

The 100% online programs offered by the university allows a variety of opportunities so students can earn a degree that fits their life

Durant, Oklahoma 4 years Public

A public university by the name of University of Nebraska at Omaha is located in Omaha, Nebraska. University of Nebraska at Omaha occupies a total area of about 534 acres. University of Nebraska system is the parent institution of the University of Nebraska at Omaha. In 1908, University of Nebraska

Omaha, Nebraska 4 years Public