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University of Evansville Financial Aid & Scholarships

100% Freshmen Get Financial Aid
$34,952 Average Grant & Scholarship
86% Undergrads Get Grant Aid

A large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to University of Evansville can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financing solutions does UE provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn what amount of financial assistance will be accessible to you.

Understanding UE Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from University of Evansville.

Average Freshman Financial Aid at University of Evansville

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at University of Evansville, 100% of first-year full-time students received aid of some kind around 462 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$39,167
Institutional grants & scholarships100%$34,281
Federal Pell grants32%$5,843
State/local grants27%$10,212
Federal student loans46%$5,148

Scholarships and Grants at University of Evansville

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 86% of undergrads got grants or scholarships worth on average $34,952 (across approximately 1503 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)86%$34,952
Federal Pell grants24%$5,712
Federal student loans41%$6,539

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $38,952.

Net Price by Family Income at University of Evansville

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$15,562
$30,001 – $75,000$18,577
Over $75,000$23,835

Each amount is the average cost remaining once grant aid is subtracted, by income band.

Average Net Price for University of Evansville

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$18,499
Off-campus title-IV students$20,230

For a personalized estimate based on your family’s financial situation, use UE’s net price calculator: www.evansville.edu/student-financial-services/net-price-calculator.cfm.

Typical Student Debt at University of Evansville

Graduating students at UE carry a median federal student debt of $19,000 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$19,000
Median federal debt (graduates only)$24,606
Typical 10-year monthly payment (graduates)$260.86/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at UE.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,475
25th percentile$9,121
75th percentile$29,000
90th percentile (highest-debt students)$38,000

Median Debt by Student Group at University of Evansville

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$15,087
Middle income$19,000
High income$19,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$18,500
Continuing-generation students$19,500

By Dependency Status

CohortMedian federal debt
Dependent students$19,000
Independent students$16,500

Debt Burden Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. UE.

Stafford Loan Activity at University of Evansville

The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at UE:

MetricValue
Stafford loan recipients7628
Total Stafford loan amount$149,601,642

Military and Veterans Aid at University of Evansville

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients29
Total GI Bill amount$579,698
Average GI Bill amount per recipient$19,990

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients1
Total DoD amount$3,000
Average DoD amount per recipient$3,000

University of Evansville Financial Aid Resources

References

More about our data sources and methodologies.

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