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What is the average loan amount at University of California Merced?

For the academic year 2022-2023, total 841 full-time, first-time students (35% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 2,594 students (31% of all students) have received federal student loans and the average loan amount is $5,169 at University of California-Merced.

Below tables show the number and amount by source of financial aid at University of California-Merced.
All Undergraduate Student Financial Aid at University of California-Merced
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid7,34188%$24,089
Pell Grants5,09761%$5,671
Federal Student Loans2,59431%$5,169
Beginning Students (Freshmen) Financial Aid at University of California-Merced
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,07586%-
Grants or Scholarship from All Sources1,99383%$25,868
Federal Grants1,53364%$6,659
Pell Grants1,41859%$5,545
Other Federal Grants1,52363%$1,540
State/Local Grants1,71271%$10,568
Institutional Grants1,77074%$13,138
Student Loans84135%$4,754
Federal Student Loans81234%$4,576
Other Student Loans382%$7,444

Know more about UC Merced

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