$2,960

Avg. Federal Grant

N/A

Avg. Federal Loan

$213,258

Total Aid Awarded

Reformed University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

18%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

N/A

Institution Grant Aid

33%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$2,960

State Grant Aid

N/A

Institution Grant Aid

$4,000

Pell Grant

$2,960

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,960

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

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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