$4,829

Avg. Federal Grant

$7,201

Avg. Federal Loan

$39,060,045

Total Aid Awarded

Jacksonville State University (JSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$39.060M

Financial Aid Official Website

www.jsu.edu/finaid/

Jacksonville State University (JSU), Jacksonville, Alabama, provides financial aid to the students who are eligible for it and those who need some kind of financial help. Students are awarded financial aid based on the financial condition and needs of the students. However, some of the financial aid is provided according to merit basis also.

At Jacksonville State University, about 67% of the students are receiving financial aid, and the aid amount contributes to about $39,060,045.

Students can check their eligibility by filling out the FAFSA form, and the university FAFSA code is 001020.

Types of financial aid provided by the university are:

Grants

Grants are often called “gift aid” because they are free money. Financial aid doesn’t have to be repaid, except in certain circumstances.

Federal Pell Grant

Federal Pell Grants usually are awarded only to undergraduate students who have not earned a bachelor's or a professional degree. (In some cases, however, a student enrolled in a postbaccalaureate teacher certification program might be eligible to receive a Federal Pell Grant).

Federal Supplemental Educational Opportunity Grant(FSEOG)

Jacksonville State University receives a certain amount of FSEOG/SEOG funds each year from the U.S. Department of Education’s Office of Federal Student Aid. Once the full amount of JSU’s FSEOG/SEOG funds has been awarded to students, no more FSEOG/SEOG awards can be made for that year.

Teacher Education Assistance for College and Higher Education(TEACH) Grant

A TEACH Grant is different from other federal student grants because it requires you to take certain kinds of classes to get the grant and then do a certain kind of job to keep the grant from turning into a loan. The TEACH Grant Program provides grants of up to $4,000 a year to students who are completing or plan to complete course work needed to begin a career in teaching.

State Grants

Alabama Student Grant Program

This grant is available only to students at an eligible independent Alabama college or university. This is not a need-based program. Grant amounts vary from year-to-year based on the availability of funds, but cannot exceed $1,200 per academic year.

Alabama Student Assistance Program(ASAP) Grant

ASAP is a need-based, state/federal grant ranging from $300 to $5,000 per academic year. Eligible students are undergraduate students who are Alabama residents attending eligible Alabama institutions.

Loans

If you apply for financial aid, you may be offered loans as part of your financial aid offer at JSU. A loan is an amount of money you borrow and must pay back with interest.

Types of loans provided are:

  • Federal Stafford Subsidized Loans

  • Federal Stafford Unsubsidized Loans

  • Federal PLUS Loans

Federal Work-Study Program

Federal Work-Study provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study. Students are employed on campus or off campus approximately 15 hours per week at minimum wage and are paid monthly.

Visit the official site as mentioned in the article for more details.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

21%

Institution Grant Aid

58%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,829

State Grant Aid

$1,904

Institution Grant Aid

$7,013

Pell Grant

$4,729

The distribution of the financial aid among the students based on which type of assistance they are eligible for is given below:

  • The federal grants are given to about 44% of the students and the total amount received on an average by the student is $4,829.

  • About 44% of the students are receiving Pell grants with a total average aid amount of $4,729.

  • JSU offers Institutional aid and 58% of the students have been given this grant with an average aid amount of $7,013.

  • When it comes to State Aid grant about 21% of the students receiving state grant and the average amount stands at $1,904.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,680

$30,001 - $48,000

$4,165

$48,001 - $75,000

$1,308

$75,001 - $110,000

$156

Over $110,000

$128

Jacksonville State University provides financial assistance to the students based on the income of the family. Students can expect their financial help based on the income slab they fall in.

  • Students whose family income is between $0 to $30,000 or fall between $30,000 and $48,000 may avail an average aid amount of $5,680 and $4,165 respectively.

  • The median aid is considered to fall to those who earn between $48,001 and $75,000, which is a total average amount of $1,308.

  • Those that earn up to $110,000 will receive an average of about only $156 whereas those who earn more than that will receive a substantially low amount of $128.

Student Loans for Jacksonville State University (JSU)

Average Loan Amount Average Loan Amount received per year.

$8,016/Year

Students Taking Out Loans

59%

Loan Default Rate

9%

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