For the academic year 2022-2023, total 592 full-time, first-time students (100% 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 2,209 students (60% of all students) received grants or scholarships and the average grant amount is $19,706. In addition, 1,737 students received student loans and the average loan amount is $6,294.
Below tables show the number and amount by source of financial aid at University of New England.
For all undergraduate students, total 2,209 students (60% of all students) received grants or scholarships and the average grant amount is $19,706. In addition, 1,737 students received student loans and the average loan amount is $6,294.
Below tables show the number and amount by source of financial aid at University of New England.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,209 | 60% | $19,706 |
| Pell Grants | 447 | 12% | $4,442 |
| Federal Student Loans | 1,737 | 47% | $6,294 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 592 | 100% | - |
| Grants or Scholarship from All Sources | 592 | 100% | $20,555 |
| Federal Grants | 128 | 22% | $5,441 |
| Pell Grants | 127 | 21% | $4,209 |
| Other Federal Grants | 66 | 11% | $2,454 |
| State/Local Grants | 55 | 9% | $1,974 |
| Institutional Grants | 592 | 100% | $19,195 |
| Student Loans | 557 | 94% | $10,080 |
| Federal Student Loans | 557 | 94% | $4,215 |
| Other Student Loans | 152 | 26% | $21,494 |
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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