$4,519

Avg. Federal Grant

$4,562

Avg. Federal Loan

$62,033,030

Total Aid Awarded

University of North Georgia (UNG) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$62.033M

Financial Aid Official Website

ung.edu/financial-aid/index.php

Students can avail of scholarships provided by the university, such as Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, HERO Scholarship Program (Helping Educate Reservists and their Offspring), and HOPE & PROMISE Teacher Scholarship Loans, if they find educational expenses to be on the higher side. Notably, 88% of the students at University of North Georgia get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $32,824,249. At UNG, the total percentage of applicants who receive the Federal Grant stands at 34%. On the other hand, 82% of the candidates get the Student Grant, 12% receive the Institution Grant, and 34% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,862, the State Grant receivers and Institution Grant beneficiaries get $4,148 and $3,097, respectively. And, for the Pell Grant awardees, the average aid amount is $4,613. 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. Every year, around 33% of the applicants to University of North Georgia opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

67%

Institution Grant Aid

9%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$4,519

State Grant Aid

$3,867

Institution Grant Aid

$3,868

Pell Grant

$4,478

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants, with federal grants having the percentage contribution of 33% with an average aid amount being $4519.

Pell grants have a percentage of 33% with an average aid amount of $4478  than the State grant aid average of $3867.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,056

$30,001 - $48,000

$7,112

$48,001 - $75,000

$4,991

$75,001 - $110,000

$3,334

Over $110,000

$3,155

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $8056 while those with family income over $110,000 can expect to receive an aid amount of $3155. This helps students who are coming from low-income homes to pay for their degrees.

Student Loans for University of North Georgia (UNG)

Average Loan Amount Average Loan Amount received per year.

$5,039/Year

Students Taking Out Loans

30%

Loan Default Rate

8.8%

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