Maharishi University of Management (MUM) Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$3.792M
Financial Aid Official Website
https://www.mum.edu/financial-aid/
Notably, 94% of the students at Maharishi University of Management get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,578,323. Notably, a total of 78% of the applicants to Maharishi University of Management receive the Federal Grant every year. On the other hand, 94% of the candidates get the Student Grant, 94% receive the Institution Grant, and 78% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,029. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 78% of the applicants to Maharishi University of Management opt for student loans.