What You Should Know On EIU Financial Aid
The amount of financial assistance you will get, which includes access to federal loans, scholarships and grants, is going to be determined by your need. The information available here will tell you how much you can expect to get at Eastern Illinois University determined by income level and other factors.
What Percentage of Students Receive Financial Assistance?
$14,667 is the normal Eastern Illinois University's freshman financial aid offer. Approximately 94.0% of incoming students obtain financial assistance, the majority of which is in the form of scholarships and grants.
Loans technically come under the umbrella of 'financial aid', however the only true discount off of the cost of college is a scholarship or grant that you do not have to pay back.
Worried about the student loans that may be included in a financing offer? View the average amount of debt per student at EIU.
How Much Is Available in Grants & Scholarships?
The next numbers refer to scholarships and grants mainly supplied by the school itself.
72.0% of new students (821 total) were offered scholarships at Eastern Illinois University, averaging $4,384 per student. This puts it in the bottom 40th percentile of all colleges nationwide.
556 first years were awarded a grant. About 49.0% of EIU freshmen obtained grants with an average of $4,436 a piece.
How are scholarships and grants given away to first years at EIU? View the graph below.
Scholarships are awarded due to special ability or merit, while grants are given due to financial need.
How Financial Need Affects Financial Aid
The table below displays scholarship and grant allocations by income for freshman students getting any kind of federally-funded Title IV aid, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||14.4%||$2,284|
The graph above displays students who are getting Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
The Typical Undergrad Receiving a Grant or Scholarship Gets $7,539
5,416 EIU students get grant aid (this is around 75.0% of the complete student body). The average amount these students get is $7,539
Financial Aid Information at Eastern Illinois University
|Financial Aid Department Website||www.eiu.edu/finaid/|
|Net Price Calculator||www.eiu.edu/finaid/calculator.php|