Ohio State University (OSU) Marion Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$4.553M
Financial Aid Official Website
osumarion.osu.edu/students/financial-aid.html
It is interesting to note that, every year, around 91% of students at OSUMC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,828,309. One can visit OSUMC's financial aid page at http://osumarion.osu.edu/students/financial-aid.html for more information. At OSUMC, the total percentage of applicants who receive the Federal Grant stands at 37%. Meanwhile, 87% of the applicants receive the Student Grant and 86% are awarded the Institution Grant, while 37% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,768, and the same stands at $3,560 for State Grant awardees and $2,987 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,583. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 41% of the applicants to Ohio State University-Marion Campus opt for student loans.
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