$4,165

Avg. Federal Grant

$3,629

Avg. Federal Loan

$1,236,248

Total Aid Awarded

Ohio University-Eastern Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$1.236M

Financial Aid Official Website

www.ohio.edu/financialaid/

Notably, 85% of the students at Ohio University-Eastern Campus get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $782,109. More information regarding the financial assistance schemes can be accessed on OUEC’s official financial aid page at http://www.ohio.edu/financialaid/. Notably, a total of 63% of the applicants to Ohio University-Eastern Campus receive the Federal Grant every year. In comparison, 76% of the students are awarded the Student Grant, 34% get the Institution Grant, and 62% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,679. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At OUEC, an estimated number of 32% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

N/A

Institution Grant Aid

44%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,165

State Grant Aid

N/A

Institution Grant Aid

$2,196

Pell Grant

$4,031

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,210

$30,001 - $48,000

$5,209

$48,001 - $75,000

$3,804

$75,001 - $110,000

$1,775

Over $110,000

$804

Student Loans for Ohio University-Eastern

Average Loan Amount Average Loan Amount received per year.

$3,629/Year

Students Taking Out Loans

29%

Loan Default Rate

7.5%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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