Reformed University Financial Aid and Scholarships
Students Receiving Aid
18%
Total Aid Amount
$213.258K
Financial Aid Official Website
N/A
As many as 22% of the students at RU get some sort of financial aid, and the total amount of assistance/loans provided is more than $36,610 in a year. The total percentage of candidates applying to Reformed University who receive the Federal Grant is 22%. Meanwhile, 22% of the applicants receive the Student Grant and 22% are awarded the Institution Grant, while 22% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $1,030. 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. 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. Candidates are also required to repay these loans within a given period.