Georgian Court University Financial Aid and Scholarships
Students Receiving Aid
82%
Total Aid Amount
$27.345M
Financial Aid Official Website
https://georgian.edu/admissions/financial-aid/
It is interesting to note that almost every student at GCU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $7,873,135. More information regarding the financial assistance schemes can be accessed on GCU’s official financial aid page at https://georgian.edu/admissions/financial-aid/. Notably, a total of 45% of the applicants to Georgian Court University receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 45% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,447, while the same comes to $11,421 for State Grant receivers and $19,016 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,908. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $28,602 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $28,193 and $25,837, respectively. Those with an annual income level of $75,001-$110,000 would receive $19,946, while candidates with more than $110,000 of family income receive an average federal aid of $17,633. 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. At Georgian Court University, the percentage of candidates who opt to avail of student loans is around 76%.
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