by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to University of the Virgin Islands can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will UVI offer, and what will you qualify for? Read on for more information. Keep going to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at University of the Virgin Islands.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At University of the Virgin Islands, 93% of first-year full-time students received aid of some kind some 277 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $9,662 |
| Institutional grants & scholarships | 61% | $3,018 |
| Federal Pell grants | 61% | $6,603 |
| State/local grants | 58% | $5,243 |
| Federal student loans | 20% | $4,123 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At UVI, about 66% of undergraduate students received gift aid averaging $8,753 (covering around 992 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $8,753 |
| Federal Pell grants | 49% | $6,436 |
| Federal student loans | 17% | $5,385 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,302.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,622 |
| $30,001 – $75,000 | $7,218 |
| Over $75,000 | $10,782 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,469 |
| Off-campus title-IV students | $7,599 |
To project your own net price, use UVI’s net price calculator: www.uvi.edu/netprice/index.html.
Graduating students at UVI carry a median federal student debt of $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $16,800 |
| Typical 10-year monthly payment (graduates) | $178.11/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at UVI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,374 |
| 25th percentile | $3,500 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $27,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,326 |
| Middle income | $11,000 |
| High income | $9,767 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,634 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,000 |
| Independent students | $11,500 |
The figure below distills the debt data into a single burden category for UVI.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at UVI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4604 |
| Total Stafford loan amount | $68,319,491 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $18,513 |
| Average GI Bill amount per recipient | $2,645 |
References
More about our data sources and methodologies.