OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Post University Financial Aid and Scholarships 2022

There is a private university in Waterbury, CT called Post University. Post University covers an area of 58 acres. The foundation of Post University was laid down in the year 1890. The motto of the Post University is "Post Makes It Personal" and its official colors are purple and orange. Out of total 7,317 students enrolled at PU, 9,729 belong to undergraduate courses while 913 are postgraduate students. The school has a total of 348 academic staff. These faculty teach different courses to the s

$5,644

Avg. Federal Grant

$5,757

Avg. Federal Loan

$31,627,716

Total Aid Awarded

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Post University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$31.628M

Financial Aid Official Website

www.post.edu/financial-aid

Notably, 99% of the students at Post University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $63,141,696. At PU, the total percentage of applicants who receive the Federal Grant stands at 75%. Meanwhile, 98% of the applicants receive the Student Grant and 45% are awarded the Institution Grant, while 75% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,332. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Post University, the percentage of candidates who opt to avail of student loans is around 76%.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

N/A

Institution Grant Aid

100%

Pell Grant

45%

Average Aid Awarded

Federal Grant Aid

$5,644

State Grant Aid

N/A

Institution Grant Aid

$17,015

Pell Grant

$4,716

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants , with institutional grants having the highest contribution of 100% with an average aid amount being $17015.

Pell grants have a percentage of 45% with an average aid amount of $4716 which is higher than the State grant aid average of $0.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$20,827

$30,001 - $48,000

$21,654

$48,001 - $75,000

$16,564

$75,001 - $110,000

$15,217

Over $110,000

$19,049

As shown in the table lower the family income higher is the amount of aid one can expect to receive. Those students who have a family income under $30,000 can expect to receive an aid amount of $20827 while those with family income over $110,000 can expect to receive an aid amount of $19049. This helps students who are coming from low-income homes to pay for their degrees.

Student Loans for Post University

Average Loan Amount Average Loan Amount received per year.

$7,099/Year

Students Taking Out Loans

76%

Loan Default Rate

19.6%

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