How Much Financial Aid is Available?
University of Mount Olive's typical financial aid offer for new first year students is $19,234. Around 99.0% of new students obtain financial assistance, most of which is scholarships and grants.
Loans are a part of financial aid plans, however the only true college discount is a scholarship or grant that you don't have to repay.
Concerned about the loans that may be included in your financing offer? See the average amount of debt per student at UMO.
How Much Aid Is Offered in Grants & Scholarships?
The following numbers refer to scholarships and grants primarily supplied by University of Mount Olive.
91.0% of freshmen (250 total) were offered scholarships at University of Mount Olive, averaging $8,739 per student. This puts it in the middle 20th percentile of all schools in the country.
As well as scholarships, 55.0% of first year students (152 total) got a federal grant, for about $4,526 a person.
See the average quantity of scholarships and grants first years get by checking out the graph below.
Grants are normally based on need while scholarships are merit-based.
Amount of Financial Aid Per Family Income
The table following demonstrates 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 110k +||9.8%||$8,742|
Title IV aid contains grants, loans, or work-study awarded by the federal government typically according to need. Learn more here.
The Average Undergrad Who Gets a Grant or Scholarship Gets $7,970
Of the 3,250 undergraduates at University of Mount Olive around 82.0% (2,676 in total) get some kind of grant aid. The typical number awarded was $7,970.
University of Mount Olive Financial Aid Info
|Financial Aid Department Website||https://www.umo.edu/admissions/financial-aid|
|Net Price Calculator||https://npc.collegeboard.org/student/app/moc|