St. John's University Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$418.000M
Financial Aid Official Website
www.stjohns.edu/services/financial
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 $40,891,124. For additional information about financial assistance schemes, one can head over to SJUNY’s financial aid page at http://www.stjohns.edu/services/financial. The total percentage of candidates applying to St John's University-New York who receive the Federal Grant is 38%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 38% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,718, and the same stands at $3,318 for State Grant awardees and $23,895 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,144. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $29,026 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $27,993 and $25,606, respectively. On the other hand, the average federal aid stands at $23,404 for those with an annual family income between $75,001 and $110,000, and at $21,898 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At SJUNY, an estimated number of 51% of the applicants choose to go for student loans.