What's Inside an Average Financial Aid Plan at University of Montevallo
$16,176 is the typical University of Montevallo's first year financial aid deal. Approximately 88.0% of incoming students receive some type of financial assistance, the majority of which is scholarships and grants.
Financial aid consists of loans, grants, and scholarships. However, loans need to be paid off, so they are not a genuine discount.
We feel that loan debt should be regarded as an added expense and not as "aid" or a "discount". Find more on student loan debt at University of Montevallo.
How Much University of Montevallo Aid Will I Get That Won't Put Me in Debt?
The stats following pertain to assistance which is offered by University of Montevallo.
80.0% of first year students (377 total) were offered scholarships at University of Montevallo, averaging $8,662 a piece. This puts it in the top 40th percentile of all colleges in the nation.
169 freshman students got a grant. About 36.0% of University of Montevallo freshmen obtained grants with an average of $4,926 a piece.
Check out the average level of scholarships and grants freshmen receive by checking out the chart below.
Scholarships are awarded based on merit or special ability, while grants are given based on need.
Amount of Financial Assistance By Income Level
The chart following demonstrates grant and scholarship allocations by income for freshmen getting any sort of federally-funded Title IV aid, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||10.1%||$3,665|
Education funding from the federal government in the form of grants, loans, or work-study is referred to as Title IV aid. Get more info on Title IV here..
$9,455 is the Typical Total an Undergraduate Will Get in Scholarships or Grants
1,926 University of Montevallo undergrads obtain grant aid (this is around 80.0% of the entire student population). The average amount these students obtain is $9,455
University of Montevallo Financial Aid Links
|Financial Aid Department Website||https://www.montevallo.edu/admissions-aid/|
|Net Price Calculator||https://www.montevallo.edu/NetPriceCalculator/|
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