What is in an Average Financial Aid Deal at UCR
University of California - Riverside's normal financial aid offer for incoming freshmen is $26,457. Around 83.0% of first year students obtain some type of financial aid, most of which is scholarships and grants.
Financial aid includes scholarships, grants, and student loans. However, loans must be paid off, so they aren't a true discount.
Student debt should be considered to be an added expense instead of as "aid" or a "discount". Find more about student loan debt at UCR.
How Much Aid Is Offered That Is Not Loans?
The numbers and the chart following refer to primarily grants from federal sources, as well as some local and state grants. 57.0% of freshman students at University of California - Riverside (3,027 total) got a federal grant, averaging $5,072. As well as grants, 70.0% of freshman students (3,731 total) were awarded scholarships by the university, totaling $10,497 per person.
See the average quantity of scholarships and grants first years receive by studying the chart below.
Grants are normally based on need while scholarships are merit-based.
How Income Level Affects Aid
The chart following shows grant and scholarship allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||7.7%||$4,208|
Education funding from the government in the form of loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
$17,363 is the Standard Total an Undergraduate Will Get in Grants or Scholarships
Of the 19,792 undergraduate students at University of California - Riverside around 81.0% (16,103 total) get some sort of grant aid. The standard quantity awarded was $17,363.
Financial Aid Links from University of California - Riverside
|Financial Aid Department Website||finaid.ucr.edu|
|Net Price Calculator||vcsaweb.ucr.edu/FinAidManualCalculator/|