University of Nebraska - Lincoln (UNL) Financial Aid and Scholarships
Students Receiving Aid
66%
Total Aid Amount
$130.807M
Financial Aid Official Website
www.unl.edu/scholfa/
Students can avail of scholarships provided by the university, such as Chancellor's Leadership Class Scholarship, Clifton & Alberta White Memorial Scholarship, David Scholarship, and Davis Scholarship, if they find educational expenses to be on the higher side. Notably, 91% of the students at University of Nebraska-Lincoln get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $46,002,548. One can visit UNL's financial aid page at http://www.unl.edu/scholfa/ for more information. Notably, a total of 25% of the applicants to University of Nebraska-Lincoln receive the Federal Grant every year. In comparison, 83% of the students are awarded the Student Grant, 82% get the Institution Grant, and 25% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,305, while the same comes to $1,970 for State Grant receivers and $7,401 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,189. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 UNL, an estimated number of 47% of the applicants choose to go for student loans.
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