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What is the average loan amount at Life University?

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For the academic year 2022-2023, total 85 full-time, first-time students (50% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 455 students (49% of all students) have received federal student loans and the average loan amount is $6,387 at Life University.

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
see more grants, scholarship, student loans, and other financial aid stats

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