Marshall University financial assistance (type of financial aid, average financial aid package, average student graduation indebtedness)

Marshall University offers various types of financial assistance to help students afford their education. Here’s an overview of the financial aid offerings:

1. Types of Financial Aid:

   • Grants: Need-based aid that does not require repayment, such as Federal Pell Grants and state grants.
   • Scholarships: Merit-based aid for students excelling in academics, athletics, or other areas.
   • Loans: Borrowed money that must be repaid with interest, including federal student loans and private loans.
   • Work-Study Programs: Part-time employment opportunities for students to earn money to pay for education expenses.

2. Average Financial Aid Package:

   • The average financial aid package for students can vary, but, on average, it tends to be around $10,000 to$20,000 per year. This total can include a combination of grants, scholarships, loans, and work-study earnings.

3. Average Student Graduation Indebtedness:

   • The average student loan debt for Marshall University graduates is approximately $30,000. This figure can vary based on the individual student's financial situation and the aid received.

For updated statistics and specific numbers, checking Marshall University's official financial aid website or contacting the financial aid office directly is recommended.