University of Dallas (UD) Financial Aid and Scholarships
Students Receiving Aid
98%
Total Aid Amount
$36.177M
Financial Aid Official Website
udallas.edu/offices/finaid/index.php
Students can avail of scholarships provided by the university, such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship, if they find educational expenses to be on the higher side. As many as 99% of the students at UD get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,437,596 in a year. More information regarding the financial assistance schemes can be accessed on UD’s official financial aid page at http://udallas.edu/offices/finaid/index.php. Notably, a total of 29% of the applicants to University of Dallas receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 29% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,736, the State Grant receivers and Institution Grant beneficiaries get $3,525 and $26,819, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,447. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Those with a family income below $30,000 per annum, would get an average federal aid of $33,540 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $34,764, while those falling in the $48,001-$75,000 income category get $32,132 a year. Those with an annual income level of $75,001-$110,000 would receive $31,281, while candidates with more than $110,000 of family income receive an average federal aid of $23,235. 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 UD, an estimated number of 50% of the applicants choose to go for student loans.
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