For the academic year 2022-2023, total 6,571 full-time, first-time students (87% 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 23,048 students (73% of all students) received grants or scholarships and the average grant amount is $14,421. In addition, 10,736 students received student loans and the average loan amount is $6,237.
Below tables show the number and amount by source of financial aid at The University of Alabama.
For all undergraduate students, total 23,048 students (73% of all students) received grants or scholarships and the average grant amount is $14,421. In addition, 10,736 students received student loans and the average loan amount is $6,237.
Below tables show the number and amount by source of financial aid at The University of Alabama.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 23,048 | 73% | $14,421 |
| Pell Grants | 5,664 | 18% | $4,922 |
| Federal Student Loans | 10,736 | 34% | $6,237 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 6,571 | 87% | - |
| Grants or Scholarship from All Sources | 6,155 | 82% | $15,683 |
| Federal Grants | 3,407 | 45% | $3,781 |
| Pell Grants | 1,445 | 19% | $5,145 |
| Other Federal Grants | 3,086 | 41% | $1,766 |
| State/Local Grants | 264 | 4% | $932 |
| Institutional Grants | 5,383 | 71% | $15,493 |
| Student Loans | 2,906 | 39% | $10,694 |
| Federal Student Loans | 2,698 | 36% | $5,192 |
| Other Student Loans | 670 | 9% | $25,477 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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