University of Houston-Clear Lake (UHCL) Financial Aid and Scholarships
Students Receiving Aid
60%
Total Aid Amount
$20.459M
Financial Aid Official Website
www.uhcl.edu/costs-aid/
Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Automatic Transfer Scholarship, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, and Dollars for Scholars. It is interesting to note that, every year, around 64% of students at UHCL receive some kind of financial aid, while the total amount of assistance/loans provided is $17,291,426. For additional information about financial assistance schemes, one can head over to UHCL’s financial aid page at http://www.uhcl.edu/costs-aid/. At UHCL, the total percentage of applicants who receive the Federal Grant stands at 35%. In comparison, 60% of the students are awarded the Student Grant, 39% get the Institution Grant, and 35% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,319, while the same comes to $9,171 for State Grant receivers and $4,421 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,481. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At UHCL, an estimated number of 26% of the applicants choose to go for student loans.
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