North Carolina State University Financial Aid and Scholarships
Students Receiving Aid
54%
Total Aid Amount
$131.206M
Financial Aid Official Website
financialaid.ncsu.edu
Students can avail of scholarships provided by the university, such as Aubrey Lee Brooks Scholarship, General Henry Hugh Shelton National Student Leadership Scholarship, Jagannathan Scholarship, and James J. Burns and C.A. Haynes Textile Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 68% of students at NCSUR receive some kind of financial aid, while the total amount of assistance/loans provided is $58,415,791. The total percentage of candidates applying to North Carolina State University at Raleigh who receive the Federal Grant is 18%. On the other hand, 51% of the candidates get the Student Grant, 48% receive the Institution Grant, and 18% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,110, while the same comes to $4,505 for State Grant receivers and $7,365 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,619. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At NCSUR, an estimated number of 43% of the applicants choose to go for student loans.
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