$4,595

Avg. Federal Grant

$4,837

Avg. Federal Loan

$68,789,088

Total Aid Awarded

University of Nebraska Omaha (UNO) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$68.789M

Financial Aid Official Website

https://www.unomaha.edu/admissions/financial-support-and-scholarships/index.php

Such schemes include Balanced Man Scholarship, Clifton & Alberta White Memorial Scholarship, Humpert Memorial Scholarship, and Maynard Jensen American Legion Memorial Scholarship. As many as 85% of the students at UNO get some sort of financial aid, and the total amount of assistance/loans provided is more than $28,855,290 in a year. The total percentage of candidates applying to University of Nebraska at Omaha who receive the Federal Grant is 41%. On the other hand, 63% of the candidates get the Student Grant, 56% receive the Institution Grant, and 41% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,764, while the same comes to $1,915 for State Grant receivers and $3,940 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,548. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At University of Nebraska at Omaha, the percentage of candidates who opt to avail of student loans is around 37%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

15%

Institution Grant Aid

56%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,595

State Grant Aid

$1,678

Institution Grant Aid

$4,122

Pell Grant

$4,550

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants , with institutional grants having the highest percentage contribution of 56% with an average aid amount being $4122. Federal Grant Aid  and Pell Grant Aid percentage is reported to be 41% with an average aid of $4595 and $4550.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,638

$30,001 - $48,000

$7,981

$48,001 - $75,000

$5,434

$75,001 - $110,000

$1,617

Over $110,000

$52

As illustrated above, the students get an aid of 7638 whose family income is under $30,000 and an aid of $52 whose family income is above $110,000.

Student Loans for University of Nebraska Omaha (UNO)

Average Loan Amount Average Loan Amount received per year.

$5,372/Year

Students Taking Out Loans

41%

Loan Default Rate

6.2%

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