La Salle University Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$56.961M
Financial Aid Official Website
www.lasalle.edu/financialaid/
Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, and Technology Scholarship. Notably, 99% of the students at La Salle University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $17,136,091. For additional information about financial assistance schemes, one can head over to LSU’s financial aid page at http://www.lasalle.edu/financialaid/. At LSU, the total percentage of applicants who receive the Federal Grant stands at 44%. On the other hand, 98% of the candidates get the Student Grant, 91% receive the Institution Grant, and 44% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,199, and the same stands at $3,699 for State Grant awardees and $15,429 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,713. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $27,978 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $30,933 and $30,384, respectively. Those with an annual income level of $75,001-$110,000 would receive $27,701, while candidates with more than $110,000 of family income receive an average federal aid of $23,767. 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 La Salle University, the percentage of candidates who opt to avail of student loans is around 79%.