OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Sofia University Financial Aid and Scholarships 2022

Located in Palo Alto, California, Sofia University is a private university. The foundation of Sofia University was laid down in the year 1888. Keeping the pursuit of research, innovation, and excellence at the center, Sofia University has been imparting quality education to its students. The motto of the varsity is Ipsa scientia potestas est and its official colors are purple. Out of total ≈24,000 students enrolled at SU, 9 belong to undergraduate courses while 1,340 are postgraduate students.

N/A

Avg. Federal Grant

N/A

Avg. Federal Loan

$11,676

Total Aid Awarded

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Sofia University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$11.676K

Financial Aid Official Website

www.sofia.edu/admissions/financing-your-education/

Notably, a number of students enrolled in Sofia University opt for some kind of financial aid every year. Also, the total amount of assistance/loans provided adds up to around $33,052. On the other hand, the average aid received by the Pell Grant awardees is $5,230. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

N/A

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

Average Aid Awarded

Federal Grant Aid

N/A

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,230

About 4% of students receive Pell grants at the University of an average amount of $5,230. Grants and Scholarships receive including aid received from Federal Government, State Government, and from the Institute itself.

For more information about financial aids, visit Financial Student Aid.

Student Loans for Sofia University

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

4.3%

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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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