University of La Verne Financial Aid and Scholarships
Students Receiving Aid
76%
Total Aid Amount
$71.552M
Financial Aid Official Website
laverne.edu/financial-aid/
Students can avail of scholarships provided by the university, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. Notably, 98% of the students at University of La Verne get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $24,561,754. One can visit ULV's financial aid page at http://laverne.edu/financial-aid/ for more information. The total percentage of candidates applying to University of La Verne who receive the Federal Grant is 49%. In comparison, 97% of the students are awarded the Student Grant, 97% get the Institution Grant, and 49% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,703, the State Grant receivers and Institution Grant beneficiaries get $7,524 and $23,521, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,291. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $30,781 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $31,310 and $28,160, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $24,521. And, for those with a family income of more than $110,000, the amount stands at $19,453. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ULV, an estimated number of 71% of the applicants choose to go for student loans.
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