$4,372

Avg. Federal Grant

$4,890

Avg. Federal Loan

$36,085,255

Total Aid Awarded

University of Alaska Anchorage (UAA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$36.085M

Financial Aid Official Website

www.uaa.alaska.edu/financialaid/

Notably, 82% of the students at University of Alaska Anchorage get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $19,462,559. For additional information about financial assistance schemes, one can head over to UAA’s financial aid page at http://www.uaa.alaska.edu/financialaid/. At UAA, the total percentage of applicants who receive the Federal Grant stands at 36%. In comparison, 74% of the students are awarded the Student Grant, 37% get the Institution Grant, and 36% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,800, and the same stands at $4,364 for State Grant awardees and $3,357 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,042. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At UAA, an estimated number of 26% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

51%

Institution Grant Aid

34%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$4,372

State Grant Aid

$4,023

Institution Grant Aid

$3,650

Pell Grant

$4,326

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,532

$30,001 - $48,000

$7,605

$48,001 - $75,000

$4,604

$75,001 - $110,000

$2,484

Over $110,000

$2,569

Student Loans for University of Alaska Anchorage (UAA)

Average Loan Amount Average Loan Amount received per year.

$5,535/Year

Students Taking Out Loans

27%

Loan Default Rate

10.5%

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