by our College Data Analytics TeamThe 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.
Interested in understanding the financial aid resources available at GSU and your eligibility? Find the answers you seek below.
$8,069.00 is the typical Grambling State University’s first year financial aid package. 98% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
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 student loans that might be part of your financing deal? Look at the average amount of debt per student at Grambling State University.
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 stats below refer to aid that is provided by Grambling State University.
31% of first-year students (265 total) were offered scholarships at Grambling State University, averaging $4,411.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 87% of freshmen (745 total) received a federal grant, for about $5,724.00 a person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 52.39% | $8,881.00 |
| Income 30k-48k | 18.79% | $7,257.00 |
| Income 48k-75k | 8.75% | $4,594.00 |
| Income 75k-110k | 2.57% | $2,300.00 |
| Income 110k + | 1.63% | $2,198.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
794 GSU undergrads obtain grant aid (this is about 98% of the entire undergraduate student population). The average amount these students receive is $8,069.00.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.