by our College Data Analytics TeamThe majority of students will not be asked to pay 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 price tag of going to University of Louisville can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does UofL deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from University of Louisville.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At University of Louisville, 98% of entering full-time freshmen got some type of financial assistance (about 2867 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $14,677 |
| Institutional grants & scholarships | 91% | $9,948 |
| Federal Pell grants | 40% | $5,656 |
| State/local grants | 70% | $4,150 |
| Federal student loans | 35% | $5,376 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, around 86% of undergrads got grants or scholarships worth on average $11,189 (across approximately 13936 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $11,189 |
| Federal Pell grants | 31% | $5,173 |
| Federal student loans | 28% | $6,535 |
For students living on campus and receiving title-IV aid, grants averaged $14,953.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,043 |
| $30,001 – $75,000 | $15,485 |
| Over $75,000 | $24,241 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,988 |
| Off-campus title-IV students | $17,634 |
For an estimate tailored to your family circumstances, see UofL’s official net price calculator: louisville.edu/financialaid/net-price-calculator-1.
The median federal debt load at UofL comes to $13,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,750 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at UofL.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $24,500 |
| 90th percentile (highest-debt students) | $32,373 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $13,840 |
| Middle income | $13,000 |
| High income | $14,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,500 |
| Continuing-generation students | $14,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $16,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UofL.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at UofL:
| Metric | Value |
|---|---|
| Stafford loan recipients | 57414 |
| Total Stafford loan amount | $1,794,285,468 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 405 |
| Total GI Bill amount | $4,048,765 |
| Average GI Bill amount per recipient | $9,997 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 595 |
| Total DoD amount | $1,135,278 |
| Average DoD amount per recipient | $1,908 |
References
More about our data sources and methodologies.