Queens University of Charlotte Financial Aid and Scholarships
Students Receiving Aid
85%
Total Aid Amount
$29.859M
Financial Aid Official Website
www.queens.edu/admissions-aid/tuition-scholarship-aid/
Among them are scholarship programs such as Academic Achievement Scholarship, Carol G. Belk Leadership Scholarship, John H. Sykes Trustee Scholarship, and Leadership/Special Achievement Scholarship. It is interesting to note that almost every student at QUC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $13,351,631. More information regarding the financial assistance schemes can be accessed on QUC’s official financial aid page at http://www.queens.edu/admissions-aid/tuition-scholarship-aid/. Notably, a total of 32% of the applicants to Queens University of Charlotte receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 32% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,866, the State Grant receivers and Institution Grant beneficiaries get $5,044 and $21,096, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,508. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $28,865 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $26,941 and $26,533, respectively. Those with an annual income level of $75,001-$110,000 would receive $23,541, while candidates with more than $110,000 of family income receive an average federal aid of $18,693. 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 75% of the applicants to Queens University of Charlotte opt for student loans.