University of Nevada, Reno Financial Aid and Scholarships
Students Receiving Aid
63%
Total Aid Amount
$75.699M
Financial Aid Official Website
www.unr.edu/financial-aid/
Among them are scholarship programs such as Nevada Women's Fund Scholarship, University of Nevada at Reno General Scholarship, and Western Undergraduate Exchange. Notably, 88% of the students at University of Nevada-Reno get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $38,640,022. At UNR, the total percentage of applicants who receive the Federal Grant stands at 27%. On the other hand, 79% of the candidates get the Student Grant, 50% receive the Institution Grant, and 27% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,848, while the same comes to $3,232 for State Grant receivers and $2,970 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,414. 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. 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 University of Nevada-Reno, the percentage of candidates who opt to avail of student loans is around 38%.
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