$5,082

Avg. Federal Grant

$4,753

Avg. Federal Loan

$357,260,886

Total Aid Awarded

University of California, Irvine (UCI) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$357.261M

Financial Aid Official Website

www.ofas.uci.edu/

Notably, 63% of the students at University of California-Irvine get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $53,992,454. More information regarding the financial assistance schemes can be accessed on UCI’s official financial aid page at http://www.ofas.uci.edu/. The total percentage of candidates applying to University of California-Irvine who receive the Federal Grant is 34%. Meanwhile, 57% of the applicants receive the Student Grant and 45% are awarded the Institution Grant, while 34% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,150, while the same comes to $11,201 for State Grant receivers and $8,364 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,940. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $21,770 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $20,494, while those falling in the $48,001-$75,000 income category get $17,122 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $9,401. And, for those with a family income of more than $110,000, the amount stands at $2,710. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 33% of the applicants to University of California-Irvine opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

50%

Institution Grant Aid

52%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$5,082

State Grant Aid

$11,324

Institution Grant Aid

$7,879

Pell Grant

$4,928

When it comes to the financial aid at University of California (UCI), we have collected some data regarding the distribution of these aids .

The average amount of student loan that you can receive will be around $5,314. Almost 38% of students apply for loans every year. You might have less reasons to worry about as the default rate is just 1.7%.

The federal loan on the other hand amounts to $4,753 and serves 65% candidates.

The federal grant is also an option for you if you meet the eligibility criteria. 38% students are offered such grants about an amount of $5,082. The PELL Grants average amount is $4,928 which is also received by 38% students.

In addition to these, the state grants also cover up the expenses of 50% students and the average of it is $11,324. You might depend upon the institutional scholarships and grants as almost 52% students receive them. The university spends a sum of $357,260,886 on financial aid. All you need to do is fulfil UCI’s requirements for availing these financial aids.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$23,807

$30,001 - $48,000

$22,562

$48,001 - $75,000

$18,913

$75,001 - $110,000

$11,962

Over $110,000

$4,230

Another way of analyzing financial aid is to perceive the amount of UCI’s financial aid that you may receive in terms of your family income, we get the following data. You might expect to get a sum of $23,807 as a financial aid given your family income is below $30,000. The sum might further get lowered for a family income between $30,001 - $48,000 and be $22,562.

A slight change is seen as we move to the family income bracket of $48,001 to $75,000. The financial aid amount would now be $18,913. The expected amount of financial aid can be $11,962 if you belong to an income category of $48,001 to $75,000. The figure might further go down to $4,230 for income higher than $110,000.

Student Loans for University of California, Irvine (UCI)

Average Loan Amount Average Loan Amount received per year.

$5,314/Year

Students Taking Out Loans

38%

Loan Default Rate

1.7%

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