Ohio University-Chillicothe Financial Aid and Scholarships
Students Receiving Aid
66%
Total Aid Amount
$4.571M
Financial Aid Official Website
www.ohio.edu/financialaid/
Such schemes include Dr. Allen Smith Memorial Scholarship, Edgar G. Garvin Scholarship, Education Foundation Scholarship, and Educational Assistance Commitment Grant. Notably, 85% of the students at Ohio University-Chillicothe Campus get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,286,698. At OUCC, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 66% of the applicants receive the Student Grant and 26% are awarded the Institution Grant, while 54% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,513. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 43% of the applicants to Ohio University-Chillicothe Campus opt for student loans.