Seton Hall University Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$128.132M
Financial Aid Official Website
https://www.shu.edu/financial-aid/
Interestingly, almost all of the students at SHU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $20,819,171 in a year. For additional information about financial assistance schemes, one can head over to SHU’s financial aid page at https://www.shu.edu/financial-aid/. The total percentage of candidates applying to Seton Hall University who receive the Federal Grant is 28%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 27% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,264, while the same comes to $9,969 for State Grant receivers and $22,787 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,173. 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 $34,423 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $33,155 and $26,195, respectively. On the other hand, the average federal aid stands at $21,959 for those with an annual family income between $75,001 and $110,000, and at $19,421 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 SHU, an estimated number of 59% of the applicants choose to go for student loans.
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