Stanbridge University Financial Aid and Scholarships
Students Receiving Aid
57%
Total Aid Amount
$4.718M
Financial Aid Official Website
N/A
As many as 92% of the students at SU get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,782,276 in a year. At SU, the total percentage of applicants who receive the Federal Grant stands at 65%. On the other hand, 67% of the candidates get the Student Grant, 1% receive the Institution Grant, and 65% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,522, while the same comes to $2,302 for State Grant receivers and $4,507 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,462. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Stanbridge University, the percentage of candidates who opt to avail of student loans is around 88%.