Financial Aid Statistics Comparison
For all undergraduate students, the average percent receiving aid is 57.33 % and the average aid amount is $30,870. The financial aid includes Federal (Pell and other federal), state, local, institutional or other grant aid, and federal student loans. The following table compares the total number and percentage of undergraduate students who received any financial aid between best Undergraduate Finance schools for academic year 2022-2023.
| Rank | Name | Number Receiving Aid | Percent Receiving Aid | Average Amount |
|---|---|---|---|---|
| 1 | University of Pennsylvania | 5,720 | 51% | $47,776 |
| 2 | New York University | 14,634 | 51% | $34,868 |
| 3 | University of Michigan-Ann Arbor | 22,636 | 70% | $16,599 |
| 4 | The University of Texas at Austin | 28,449 | 70% | $10,302 |
| 5 | Massachusetts Institute of Technology | 3,557 | 77% | $44,422 |
| 6 | University of California-Berkeley | 18,864 | 59% | $22,200 |
| 7 | Boston College | 4,345 | 44% | $47,075 |
| 8 | University of North Carolina at Chapel Hill | 10,312 | 52% | $16,747 |
| 9 | Carnegie Mellon University | 3,306 | 48% | $40,660 |
| 10 | Indiana University-Bloomington | 24,658 | 72% | $11,451 |
| 11 | Cornell University | 7,656 | 49% | $54,352 |
| 12 | University of Virginia-Main Campus | 7,747 | 45% | $23,989 |
| Average | 12,657 | 57.33% | $30,870 | |
Beginning Students Financial Aid
For first-time, full-time beginning students, the average percent of receiving grant and/or scholarship is 4.53 % and the average grant amount is $2,766. This includes grants or scholarship from all sources - federal (pell grants and other federal grants), state/local, and institutions. The average percent of students who receiving student loans (federal and other student loans) is 2.04 % and the average loan amount is $703. The following table compares the financial aid statistics for first-time, full-time undergraduate students (freshmen) between best Undergraduate Finance schools for academic year 2022-2023.
| Rank | Name | Grants/Scholarships | Student Loans | ||
|---|---|---|---|---|---|
| Number Receiving Aid (Percentage) | Average Amount | Number Receiving Aid (Percentage) | Average Amount | ||
| 1 | University of Pennsylvania | 1,084 (46%) | $57,175 | 245 (10%) | $12,499 |
| 2 | New York University | 2,756 (45%) | $47,096 | 1,528 (25%) | $8,550 |
| 3 | University of Michigan-Ann Arbor | 4,824 (67%) | $15,121 | 1,793 (25%) | $8,470 |
| 4 | The University of Texas at Austin | 7,624 (86%) | $8,321 | 2,557 (29%) | $5,851 |
| 5 | Massachusetts Institute of Technology | 832 (71%) | $45,591 | 80 (7%) | $13,792 |
| 6 | University of California-Berkeley | 3,572 (52%) | $21,669 | 1,470 (21%) | $7,238 |
| 7 | Boston College | 1,012 (40%) | $49,992 | 817 (32%) | $3,588 |
| 8 | University of North Carolina at Chapel Hill | 1,853 (40%) | $18,066 | 933 (20%) | $7,953 |
| 9 | Carnegie Mellon University | 896 (47%) | $43,966 | 804 (42%) | $6,525 |
| 10 | Indiana University-Bloomington | 7,012 (74%) | $10,336 | 3,202 (34%) | $9,757 |
| 11 | Cornell University | 1,901 (51%) | $54,219 | 1,022 (27%) | $8,309 |
| 12 | University of Virginia-Main Campus | 1,318 (34%) | $26,818 | 873 (22%) | $8,639 |
| Average | 2,890 (54.42%) | $33,198 | 1,277 (24.50%) | $8,431 | |
The ranking data is provided by CollegeEvaluator.