What Percentage of Undergrads Receive Financial Aid?
University of Louisville's standard financial aid deal for new freshmen is $18,029. About 96.0% of new students obtain financial help, most of which is in the form of scholarships and grants.
Student loans are a part of financial aid packages, even so the only true college discount is a scholarship or grant that you don't have to repay.
A loan is not a genuine college discount, but rather an outcome to consider. Learn how much student loan debt from UofL you may end up taking on.
How Much Aid Is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)
The numbers below refer to scholarships and grants mainly offered by the college itself.
80.0% of first year students (2,180 total) were given scholarships at University of Louisville, averaging $8,336 a piece. This puts it in the top 40th percentile of all schools in the nation.
As well as scholarships, 35.0% of freshmen (947 total) received federal grant aid, averaging $4,906 a person.
See the typical quantity of scholarships and grants first years get by checking out the graph below.
Grants are usually based on need while scholarships are merit-based.
Amount of Aid Per Family Income
The table below demonstrates grant and scholarship allocations by family income for freshmen receiving any form of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||10.3%||$5,867|
Title IV aid includes grants, loans, or work-study granted by the federal government generally based on financial need. Learn more here.
Scholarships & Grants for All Undergrads Average $9,299
82.0% of the 15,641 undergraduate students at University of Louisville get some form of grant aid. This is a total around 12,794 students getting about $9,299 each.
Financial Aid Links from University of Louisville
|Financial Aid Department Website||https://vhost.louisville.edu/student/services/fin-aid/devfinaid/index.php|
|Net Price Calculator||https://louisville.studentaidcalculator.com/survey.aspx|
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