Shawnee State University Financial Aid and Scholarships
Students Receiving Aid
86%
Total Aid Amount
$14.558M
Financial Aid Official Website
www.shawnee.edu/offices/financial-aid/
Among them are scholarship programs such as Academic Excellence Scholarship, Achievement Scholarship, American Legion Post 23 Scholarship, and Aristech Scholarship. It is interesting to note that, every year, around 97% of students at SSU receive some kind of financial aid, while the total amount of assistance/loans provided is $11,352,843. At SSU, the total percentage of applicants who receive the Federal Grant stands at 44%. In comparison, 89% of the students are awarded the Student Grant, 55% get the Institution Grant, and 44% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,665, and the same stands at $1,801 for State Grant awardees and $4,276 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,000. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 61% of the applicants to Shawnee State University opt for student loans.