$4,838

Avg. Federal Grant

$7,834

Avg. Federal Loan

$26,417,588

Total Aid Awarded

University of North Alabama (UNA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$26.418M

Financial Aid Official Website

www.una.edu/financial-aid/index.html

As many as 96% of the students at UNA get some sort of financial aid, and the total amount of assistance/loans provided is more than $20,171,828 in a year. For additional information about financial assistance schemes, one can head over to UNA’s financial aid page at http://www.una.edu/financial-aid/index.html. The total percentage of candidates applying to University of North Alabama who receive the Federal Grant is 41%. Meanwhile, 90% of the applicants receive the Student Grant and 76% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,749, and the same stands at $591 for State Grant awardees and $5,510 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,609. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 55% of the applicants to University of North Alabama opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

2%

Institution Grant Aid

61%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,838

State Grant Aid

$340

Institution Grant Aid

$5,252

Pell Grant

$4,624

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,238

$30,001 - $48,000

$7,216

$48,001 - $75,000

$6,417

$75,001 - $110,000

$4,139

Over $110,000

$3,279

Student Loans for University of North Alabama (UNA)

Average Loan Amount Average Loan Amount received per year.

$8,451/Year

Students Taking Out Loans

69%

Loan Default Rate

11.6%