$4,828

Avg. Federal Grant

$4,748

Avg. Federal Loan

$28,105,799

Total Aid Awarded

The University of New Orleans (UNO) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$28.106M

Financial Aid Official Website

www.uno.edu/finaid/

As many as 95% of the students at UNO get some sort of financial aid, and the total amount of assistance/loans provided is more than $15,948,499 in a year. One can visit UNO's financial aid page at http://www.uno.edu/finaid/ for more information. At UNO, the total percentage of applicants who receive the Federal Grant stands at 53%. On the other hand, 91% of the candidates get the Student Grant, 50% receive the Institution Grant, and 53% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,141, while the same comes to $5,405 for State Grant receivers and $4,029 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,591. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. At UNO, an estimated number of 46% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

75%

Institution Grant Aid

47%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,828

State Grant Aid

$4,895

Institution Grant Aid

$4,261

Pell Grant

$4,629

When it comes to the different types of grants, the majority of the students receive the state grants about nearly 75% of them. The average amount of state grants amounts to $4895. The institutional-grants cater to 47% students with an amount of $4,261 on an average.

The Federal grants and Pell grants allow up to an amount of $4,828 and $4,629 respectively to 51% candidates.

44% students opt for a student loan and the default rate is at 8.5%. You can get an average sum of $5,077 as a student loan as per the past records. 57% candidates also receive the federal loan of $4,748 on an average.

University of New Orleans dedicates an amount of $28,105,799 as financial aid towards their prospective and continuing students in order to build their career base.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,345

$30,001 - $48,000

$8,877

$48,001 - $75,000

$6,744

$75,001 - $110,000

$5,737

Over $110,000

$6,151

To clarify your thoughts with regards to the UNO financial aid, we also present the financial aid amount to you on the basis of your family income range. If your family income range falls somewhere under $30,000 you can access financial aid up to a value of $10,345. In case you are between the range of $30,001 and $48,000 the amount up to which you may get financial aid is approximately $8,877. For a family income bracket of $48,001 to $75,000 you can get an aid of $6,744.

Furthermore, if your income lies between $75,001 and $110,000 your financial aid goes down to $5,737. On the contrary, family income ranging above $110,000 will fetch you an amount of financial aid of about $6,151. For a more detailed read on this, please check out UNO Office of Financial Aid.

Student Loans for The University of New Orleans (UNO)

Average Loan Amount Average Loan Amount received per year.

$5,077/Year

Students Taking Out Loans

44%

Loan Default Rate

8.5%

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