The majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Discover the financial aid possibilities at East Stroudsburg University and learn what assistance you might qualify for by continuing to read.
East Stroudsburg University of Pennsylvania average financial aid offer for freshmen students is $6,522.00. A significant 87% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at East Stroudsburg University of Pennsylvania.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
6% of incoming freshmen (68 total) were given scholarships at East Stroudsburg University of Pennsylvania, averaging $4,787.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 46% of freshman students (511 total) obtained federal grant aid, averaging $4,920.00 a piece.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 21.82% | $8,280.00 |
Income 30k-48k | 9.80% | $7,126.00 |
Income 48k-75k | 9.26% | $4,144.00 |
Income 75k-110k | 3.65% | $738.00 |
Income 110k + | 0.80% | $265.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
633 East Stroudsburg University undergrads obtain grant aid (this is about 87% of the entire undergraduate student population). The average amount these students receive is $6,522.00.Most of them are distributed as Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.