OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Shaw University Financial Aid and Scholarships 2022

A private, Baptist university, Shaw University is situated in Raleigh, North Carolina. Interestingly, Shaw University has an ethnically diverse student population. At SU around 56% are Black or African American, 16% belong to two or more races, and 16% belong to an unknown race or ethnicity. And, at the university, around 85% of the students are 24 and under. When it comes to gender distribution at the varsity, around 60% of the students are females and 40% are males. The college has produced

Shaw University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$16.341M

Financial Aid Official Website

www.shawu.edu/Admissions/Financial_Aid.aspx

Among them are scholarship programs such as North Carolina Student Incentive Grant and Triangle Scholarship Program. Notably, 99% of the students at Shaw University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,488,190. At SU, the total percentage of applicants who receive the Federal Grant stands at 83%. In comparison, 96% of the students are awarded the Student Grant, 58% get the Institution Grant, and 83% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,242, and the same stands at $4,578 for State Grant awardees and $4,999 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,047. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. At SU, an estimated number of 91% of the applicants choose to go for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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