What You Should Know On EIU Financial Aid
The quantity of financial assistance, grants, scholarships, and more vary from person to person. With all the data below, you will better know how much financial aid you'll qualify for from Eastern Illinois University according to family income and worth.
What Percentage of Students Receive Financial Assistance?
$14,610 is the normal Eastern Illinois University's freshman financial aid offer. Approximately 93.0% of incoming students obtain financial assistance, the majority of which is 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.
A student loan isn't a true college price reduction, but rather an outcome to consider. Find out how much student loan debt from EIU you could end up dealing with.
Number of EIU Grants & Scholarships
The next numbers refer to scholarships and grants mainly supplied by the school itself.
70.0% of new students (785 total) were offered scholarships at Eastern Illinois University, averaging $4,693 per student. This puts it in the middle 20th percentile of all colleges nationwide.523 first years were awarded a grant. About 47.0% EIU freshmen obtained grants with an average of $4,583 a piece.
How are scholarships and grants given away to first years at EIU? View the graph listed 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 chart below displays scholarship and grant distributed by income for freshman students getting any type of federally-funded Title IV aid, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||15.1%||$2,270|
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 $7,617
73.0% of the 7,640 undergraduates at Eastern Illinois University obtain some form of grant aid. This is a total of about 5,590 students receiving an average of $7,617 each.
Financial Aid Information at Eastern Illinois University
|Financial Aid Department Website||www.eiu.edu/finaid/|
|Net Price Calculator||www.eiu.edu/finaid/calculator.php|