February 02, 2018
Susquehanna University ranks among the top private universities that offer the most scholarship aid per undergraduate student. Scholarships are a form of financial aid that don't require repayment.
The report released this month by the Student Loan Report ranked Susquehanna 14th in Pennsylvania and 152nd out of 700 private colleges and universities nationwide.
"This report underscores the importance of universities dedicating themselves to helping students achieve their goals, and the role philanthropy plays to that end," said Jonathan D. Green, president of Susquehanna University. "Thirty-one percent of the students in this year's incoming class are PELL-eligible, meaning that socio-economically, they come from the lowest 20 percent. We're proud of that fact and remain committed to helping America's most financially challenged students to access the transformational benefits of a Susquehanna education."
Susquehanna provided $60.9 million to students in the form of scholarships and grants in 2017-18 academic year.
Schools in the study were ranked by dividing the overall scholarship money given to the undergraduate student body by the total number of undergraduates to get the average scholarship aid.
Data were self-reported by the universities to Peterson's, a data-collection service. The most recent data is for the 2015-16 school year.
The Student Loan Report was founded in 2015 to cover all student loan news, around the nation and internationally.