For the academic year 2022-2023, total 2,394 full-time, first-time students (98% 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 14,846 students (95% of all students) received grants or scholarships and the average grant amount is $9,508. In addition, 4,759 students received student loans and the average loan amount is $6,376.
Below tables show the number and amount by source of financial aid at University of Louisville.
For all undergraduate students, total 14,846 students (95% of all students) received grants or scholarships and the average grant amount is $9,508. In addition, 4,759 students received student loans and the average loan amount is $6,376.
Below tables show the number and amount by source of financial aid at University of Louisville.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 14,846 | 95% | $9,508 |
| Pell Grants | 4,556 | 29% | $4,454 |
| Federal Student Loans | 4,759 | 30% | $6,376 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 2,394 | 98% | - |
| Grants or Scholarship from All Sources | 2,379 | 97% | $12,216 |
| Federal Grants | 1,597 | 65% | $3,937 |
| Pell Grants | 909 | 37% | $4,880 |
| Other Federal Grants | 1,575 | 64% | $1,176 |
| State/Local Grants | 1,746 | 71% | $3,059 |
| Institutional Grants | 1,941 | 79% | $8,981 |
| Student Loans | 980 | 40% | $7,490 |
| Federal Student Loans | 941 | 38% | $5,225 |
| Other Student Loans | 164 | 7% | $14,778 |
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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