$4,644

Avg. Federal Grant

$5,560

Avg. Federal Loan

$46,385,296

Total Aid Awarded

University of Idaho Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$46.385M

Financial Aid Official Website

www.uidaho.edu/financialaid

It is interesting to note that, every year, around 96% of students at UI receive some kind of financial aid, while the total amount of assistance/loans provided is $23,010,006. More information regarding the financial assistance schemes can be accessed on UI’s official financial aid page at http://www.uidaho.edu/financialaid. At UI, the total percentage of applicants who receive the Federal Grant stands at 35%. In comparison, 93% of the students are awarded the Student Grant, 90% get the Institution Grant, and 35% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,727, and the same stands at $3,378 for State Grant awardees and $6,528 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,567. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 53% of the applicants to University of Idaho opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

17%

Institution Grant Aid

88%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,644

State Grant Aid

$3,123

Institution Grant Aid

$5,752

Pell Grant

$4,445

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,418

$30,001 - $48,000

$8,677

$48,001 - $75,000

$5,903

$75,001 - $110,000

$2,934

Over $110,000

$2,072

Student Loans for University of Idaho

Average Loan Amount Average Loan Amount received per year.

$5,731/Year

Students Taking Out Loans

52%

Loan Default Rate

5.9%