Maryville University Financial Aid and Scholarships
Students Receiving Aid
75%
Total Aid Amount
$36.375M
Financial Aid Official Website
www.maryville.edu/admissions/finaid/
Notably, 99% of the students at Maryville University of Saint Louis get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $14,954,264. One can visit MUSL's financial aid page at http://www.maryville.edu/admissions/finaid/ for more information. At MUSL, the total percentage of applicants who receive the Federal Grant stands at 28%. Meanwhile, 99% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 28% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,455, the State Grant receivers and Institution Grant beneficiaries get $2,007 and $16,690, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,113. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $25,312 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $22,633 and $20,830, respectively. On the other hand, the average federal aid stands at $16,856 for those with an annual family income between $75,001 and $110,000, and at $16,259 for an income more than $110,000. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 60% of the applicants to Maryville University of Saint Louis opt for student loans.