Grand Valley State University (GVSU) Financial Aid and Scholarships
Students Receiving Aid
66%
Total Aid Amount
$85.827M
Financial Aid Official Website
www.gvsu.edu/financialaid/
Among them are scholarship programs such as ARAMARK Student Excellence Scholarship, Aaron M. DesRocher Memorial Chemistry Scholarship, Accounting Alumni Scholarship, and Albert S. and Ella D. Koeze Art Scholarship. As many as 87% of the students at GVSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $83,677,658 in a year. More information regarding the financial assistance schemes can be accessed on GVSU’s official financial aid page at http://www.gvsu.edu/financialaid/. At GVSU, the total percentage of applicants who receive the Federal Grant stands at 27%. Meanwhile, 72% of the applicants receive the Student Grant and 71% are awarded the Institution Grant, while 27% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,863, the State Grant receivers and Institution Grant beneficiaries get $1,015 and $6,027, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,385. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 56% of the applicants to Grand Valley State University opt for student loans.
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