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What is the average financial aid amount at Life University?

For the academic year 2022-2023, total 157 full-time, first-time students (92% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 704 students (76% of all students) received grants or scholarships and the average grant amount is $10,491. In addition, 455 students received student loans and the average loan amount is $6,387.

Below tables show the number and amount by source of financial aid at Life University.
All Undergraduate Student Financial Aid at Life University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid70476%$10,491
Pell Grants36640%$5,274
Federal Student Loans45549%$6,387
Beginning Students (Freshmen) Financial Aid at Life University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid15792%-
Grants or Scholarship from All Sources15390%$11,923
Federal Grants7544%$5,561
Pell Grants7544%$5,213
Other Federal Grants95%$2,906
State/Local Grants4426%$2,775
Institutional Grants13278%$9,735
Student Loans8550%$7,284
Federal Student Loans8550%$5,758
Other Student Loans64%$21,609

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