Rivier University Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$15.236M
Financial Aid Official Website
https://www.rivier.edu/student-financial-services/
Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,708,964. For additional information about financial assistance schemes, one can head over to RU’s financial aid page at https://www.rivier.edu/student-financial-services/. Notably, a total of 35% of the applicants to Rivier University receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 35% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,666, while the same comes to $3,151 for State Grant receivers and $18,169 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,938. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $20,938 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $20,209, while those falling in the $48,001-$75,000 income category get $19,504 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $17,822. And, for those with a family income of more than $110,000, the amount stands at $17,680. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At RU, an estimated number of 98% of the applicants choose to go for student loans.
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