University of Jamestown Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$11.666M
Financial Aid Official Website
N/A
Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Melvin R. Arnold Scholarship, and North Dakota Scholars Scholarship. 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 $3,976,468. At UJ, the total percentage of applicants who receive the Federal Grant stands at 39%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 39% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,614, and the same stands at $2,132 for State Grant awardees and $11,661 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,562. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $15,502 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $16,999 and $13,446, respectively. On the other hand, the average federal aid stands at $12,098 for those with an annual family income between $75,001 and $110,000, and at $12,709 for an income more than $110,000. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At University of Jamestown, the percentage of candidates who opt to avail of student loans is around 83%.