$4,763

Avg. Federal Grant

$4,687

Avg. Federal Loan

$94,522,979

Total Aid Awarded

University of Nevada, Las Vegas (UNLV) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$94.523M

Financial Aid Official Website

finaid.unlv.edu/

Such schemes include Access Merit Scholarship, Alumni Association Outstanding Faculty Award Scholarship, Alumni Association Scholarships, and American Indian Alliance Scholarship. It is interesting to note that, every year, around 92% of students at UNLV receive some kind of financial aid, while the total amount of assistance/loans provided is $70,773,742. At UNLV, the total percentage of applicants who receive the Federal Grant stands at 41%. On the other hand, 85% of the candidates get the Student Grant, 26% receive the Institution Grant, and 41% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,971, the State Grant receivers and Institution Grant beneficiaries get $2,186 and $3,782, respectively. And, for the Pell Grant awardees, the average aid amount is $4,542. 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. Candidates are also required to repay these loans within a given period. Every year, around 31% of the applicants to University of Nevada-Las Vegas opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

75%

Institution Grant Aid

40%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,763

State Grant Aid

$2,110

Institution Grant Aid

$3,081

Pell Grant

$4,724

The University of Nevada, Las Vegas offers various types of financial aid. We provide a precise overview on how the aids are distributed by the university, which can help factor into your decisions when first planning out your financial budget to join the university.

  • Approximately 43% of the students were able to get federal aid with an average of $4,763.

 

  • 43% of the students also get the Pell Grant, which amounts to an average of $4,724.

  • 75% of students receive the state grant with an average of $2,110.

  • 40% of students at the UNLV receive institutional grants, which are valued at an average of $3,081.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,186

$30,001 - $48,000

$8,244

$48,001 - $75,000

$6,063

$75,001 - $110,000

$2,622

Over $110,000

$2,391

Students are asked to complete the FAFSA to calculate the amount of financial aid. We have noted certain annual income ranges in increasing order to determine how much aid students can expect if their family income falls among a certain range. This way, students can better estimate how much they get in federal and other aids offered by the University of Nevada

  • The average federal assistance amount received by a student with a family income ranging from $0 to $30,000 is $9,186.

 

  • Students whose income point falls between $30,001 to $48,000, they receive $8,244.

  • Incomes ranging from $48,001 to $75,000 receive an average aid of $6,063.

 

  • The students and families who have an annual income fall in $75,001 to $110,000 the average federal aid provided is $2,622.

  • The students and families who have an annual income level of $110,000 and above the average federal aid provided are $2,391.

 

Student Loans for University of Nevada, Las Vegas (UNLV)

Average Loan Amount Average Loan Amount received per year.

$5,324/Year

Students Taking Out Loans

30%

Loan Default Rate

6.5%