Johns Hopkins University Financial Aid and Scholarships
Students Receiving Aid
53%
Total Aid Amount
$123.683M
Financial Aid Official Website
finaid.johnshopkins.edu
Such schemes include Baltimore Scholars, Charles R. Westgate Scholarship in Engineering, Christa McAuliffe Scholarship, and Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program. As many as 67% of the students at JHU get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,780,108 in a year. One can visit JHU's financial aid page at http://finaid.johnshopkins.edu for more information. The total percentage of candidates applying to Johns Hopkins University who receive the Federal Grant is 16%. In comparison, 60% of the students are awarded the Student Grant, 60% get the Institution Grant, and 16% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,903, the State Grant receivers and Institution Grant beneficiaries get $5,490 and $41,324, respectively. And, for the Pell Grant awardees, the average aid amount is $4,818. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $53,367 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $58,219, while those falling in the $48,001-$75,000 income category get $54,155 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $49,745. And, for those with a family income of more than $110,000, the amount stands at $22,289. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At JHU, an estimated number of 31% of the applicants choose to go for student loans.