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What is the average loan amount at University of Toledo?

For the academic year 2022-2023, total 1,063 full-time, first-time students (47% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 5,097 students (39% of all students) have received federal student loans and the average loan amount is $6,484 at University of Toledo.

Below tables show the number and amount by source of financial aid at University of Toledo.
All Undergraduate Student Financial Aid at University of Toledo
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid10,43879%$9,446
Pell Grants3,52527%$5,032
Federal Student Loans5,09739%$6,484
Beginning Students (Freshmen) Financial Aid at University of Toledo
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,21897%-
Grants or Scholarship from All Sources2,19496%$10,047
Federal Grants1,52467%$4,685
Pell Grants72332%$5,086
Other Federal Grants1,50266%$2,305
State/Local Grants51122%$2,583
Institutional Grants2,07091%$6,563
Student Loans1,06347%$6,799
Federal Student Loans1,03345%$5,331
Other Student Loans1366%$12,650

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