Governors State University (GOVST) Financial Aid and Scholarships
Students Receiving Aid
67%
Total Aid Amount
$19.445M
Financial Aid Official Website
www.govst.edu/Admissions/Financial_Aid/
Such schemes include AMVETS Post #100 Scholarship, August & Edna Zahatko Scholarship, Grant Program for Descendants of Police, Fire, or Correctional Officers, and Illinois Future Teacher Corps Scholarship. As many as 93% of the students at GSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $14,319,599 in a year. One can visit GSU's financial aid page at http://www.govst.edu/Admissions/Financial_Aid/ for more information. The total percentage of candidates applying to Governors State University who receive the Federal Grant is 78%. In comparison, 79% of the students are awarded the Student Grant, 23% get the Institution Grant, and 78% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,659, while the same comes to $4,787 for State Grant receivers and $634 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,536. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Governors State University, the percentage of candidates who opt to avail of student loans is around 71%.
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