Number Received Financial Aid (All Undergraduate)
704
Percent Received Financial Aid(All Undergraduate)
76%
Average Aid Amount
$10,491
Number Received Financial Aid (Freshmen)
157
Percent Received Financial Aid (Freshmen)
92%
Financial Aid Information at Life
For the academic year 2021-2022, a total of 704 students (76% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,491. For freshmen (Full-time, first-time degree-seeking undergraduate students), 157 students (92% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Life University is $15,036, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 704 students (76% of all students) have received grants or scholarships and the average received aid amount is $10,491. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Life University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 704 | 76% | $10,491 |
| Pell Grants | 366 | 40% | $5,274 |
| Federal Student Loans | 455 | 49% | $6,387 |
Beginning Students Financial Aid
a total of 157 beginning students (92% of all freshmen) have received any financial aid and 156 students (92% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Life University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 157 | 92% | - |
| Grants or Scholarship from All Sources | 153 | 90% | $11,923 |
| Federal Grants | 75 | 44% | $5,561 |
| Pell Grants | 75 | 44% | $5,213 |
| Other Federal Grants | 9 | 5% | $2,906 |
| State/Local Grants | 44 | 26% | $2,775 |
| Institutional Grants | 132 | 78% | $9,735 |
| Student Loans | 85 | 50% | $7,284 |
| Federal Student Loans | 85 | 50% | $5,758 |
| Other Student Loans | 6 | 4% | $21,609 |
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