Valley City State University (VCSU) Financial Aid and Scholarships
Students Receiving Aid
54%
Total Aid Amount
$4.203M
Financial Aid Official Website
www.vcsu.edu/financialaid/
Among them are scholarship programs such as Midwest Student Exchange Program, North Dakota Scholars Scholarship, and Western Undergraduate Exchange. As many as 98% of the students at VCSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,907,754 in a year. Notably, a total of 29% of the applicants to Valley City State University receive the Federal Grant every year. Meanwhile, 97% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 28% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,675, the State Grant receivers and Institution Grant beneficiaries get $2,037 and $3,541, respectively. And, for the Pell Grant awardees, the average aid amount is $4,162. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 54% of the applicants to Valley City State University opt for student loans.