$4,761

Avg. Federal Grant

$5,278

Avg. Federal Loan

$119,280,167

Total Aid Awarded

University of Delaware (UD) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$119.280M

Financial Aid Official Website

www1.udel.edu/finaid/

The university recommends their prospective students to carefully go through the details of the wide range of financial aid that is offered by them. When they mention details, they necessarily mean the application process along with the eligibility criteria and the amount of funds. The very initial step for you would be to fill in your FAFSA in order to continue with the financial aid application process. The University of Delaware (UD) aids are provided on the basis of the academic year and the amount is disbursed between the Fall and the Spring terms. University of Delaware's federal code is 001431.

This is important if you wish to apply for the financial aid options that the university provides. About 60% of the students receive financial aids every year, the amount of which comes up to around $119,280,167.

Scholarships

University of Delaware offers quite a good number of scholarships to their students which are both merit-based and need-based.

The Merit Scholarship is based on the demonstration of academic excellence by the candidates. In order to gain a more comprehensive read on the  guidelines for this scholarship, you may visit the following link.

Endowed scholarship is another kind of scholarship provided by the university from its endowment funds which is donated by the alumni and the community members. This scholarship amount is $2,000 per year.

Students who opt to major in music are offered the Music Scholarships. This scholarship is also received by students who participate in the Fightin’ Blue Hen Marching Band. The Athletic Scholarship is given by the Department of Intercollegiate Athletics Grants. The amount for this scholarship varies and its recipients are chosen on the basis of athletic performance.

The ROTC Scholarships are made available to both the enrolled and non-enrolled students seeking an admission in this university.

In order to encourage students to undertake global studies, the university also provides Study Abroad Need-based Scholarships.

Grants

The different grants provided by the university are as follows:

University Grants will be given to the enrolled students who will also be notified about them. One of them is the UD Blue Hen Success Grant which is awarded to the students in case of special financial needs.

The Federal PELL Grant is awarded on the basis of the Expected Family Contribution (EFC). The Federal SEOG funds are provided on a first come first serve basis to eligible undergraduate students.

State Grants are only for the resident students. On the other hand, the TEACH Grant has special conditions attached to it which makes it quite different from the other types of federal grants. For more information on TEACH Grants you may visit the following page.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

16%

State Grant Aid

11%

Institution Grant Aid

70%

Pell Grant

16%

Average Aid Awarded

Federal Grant Aid

$4,761

State Grant Aid

$4,635

Institution Grant Aid

$9,420

Pell Grant

$4,452

The total fund amount directed by the university towards financial aid is a sum of $119,280,167 and the percentage of students receiving these aids are around 60%. You may also apply for a Federal loan. The average amount of federal loans is about $5,278.

Student loan average amounts to $9,432 which is applied for by 53% candidates. The default rate of these students’ loans is approximately 2.2% which is less and suggests that taking up a loan should be feasible for most of the students.

The major types of federal grants provided by universities are of two categories. The Federal Grants is the first type which sums up to an average of $4,761 received by almost 16%. The other is the Pell Grant which is also opted by 16% of students. On an average Pell grant that you can avail for this college stands to $4,452. State aid provided for this college comes to an average of approximately $4,635 and 11% students avail it and the Institutional grant average is about $9,420 which is given to a majority of 70% candidates.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,187

$30,001 - $48,000

$14,599

$48,001 - $75,000

$12,445

$75,001 - $110,000

$7,321

Over $110,000

$2,589

We have further segregated the amount of financial aid received by each family income group to assist you.

If you fall under a family income category under $30,000 then you might receive  a basic amount of $15,187 as financial aid. A family income category ranging from $30,001 to $48,000 can expect the same amount to go down drastically to $14,599. For an income range between $48,001 to $75,000 the expected financial aid that you might expect to receive can be close enough to a figure of $12,445. In a similar manner, a family income falling under the range of $75,001 to $110,000 can avail for a financial aid up to $7,321. For any family with an income range falling over and above $110,000 may get a petty amount of $2,589 only. For further details you might visit the official site.

Student Loans for University of Delaware (UD)

Average Loan Amount Average Loan Amount received per year.

$9,432/Year

Students Taking Out Loans

53%

Loan Default Rate

2.2%

Student loans can be of great support to those who are in need of short-term financial requirements. Moreover, loans can also cover that part of cost of attendance that is not covered up by the scholarships and grants. The University of Delaware loans are disbursed to the students at the beginning of each term. 

Federal direct subsidized and unsubsidized student loans are issued after the necessary entrance counselling. The Federal Perkins Loans and the Federal Perkins Loans are other forms of federal loans that you may apply for. 

The Parent PLUS Loan can be drawn up by the undergraduate students in their parents’ name. The credit based Plus loans might give you an additional $4,000 on meeting the eligibility. You may also go for private third party loans and check out this page for more information on alternative lenders. In case you are a New Jersey resident, you also have access to the NJ Class Loan.

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