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What is the average loan amount at University of Detroit Mercy?

For the academic year 2022-2023, total 201 full-time, first-time students (37% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,044 students (36% of all students) have received federal student loans and the average loan amount is $7,287 at University of Detroit Mercy.

Below tables show the number and amount by source of financial aid at University of Detroit Mercy.
All Undergraduate Student Financial Aid at University of Detroit Mercy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,28478%$19,545
Pell Grants79627%$5,092
Federal Student Loans1,04436%$7,287
Beginning Students (Freshmen) Financial Aid at University of Detroit Mercy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid543100%-
Grants or Scholarship from All Sources543100%$21,483
Federal Grants20838%$7,064
Pell Grants20738%$5,328
Other Federal Grants20838%$1,761
State/Local Grants31057%$2,689
Institutional Grants543100%$17,243
Student Loans20137%$6,320
Federal Student Loans19937%$5,296
Other Student Loans153%$14,435

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