$4,527

Avg. Federal Grant

$5,366

Avg. Federal Loan

$33,168,520

Total Aid Awarded

University of Northern Iowa (UNI) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$33.169M

Financial Aid Official Website

https://www.uni.edu/finaid/

As many as 83% of the students at UNI get some sort of financial aid, and the total amount of assistance/loans provided is more than $31,395,941 in a year. More information regarding the financial assistance schemes can be accessed on UNI’s official financial aid page at https://www.uni.edu/finaid/. Notably, a total of 26% of the applicants to University of Northern Iowa receive the Federal Grant every year. Meanwhile, 67% of the applicants receive the Student Grant and 64% are awarded the Institution Grant, while 21% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,297, the State Grant receivers and Institution Grant beneficiaries get $4,199 and $2,883, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,141. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 56% of the applicants to University of Northern Iowa opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

28%

State Grant Aid

1%

Institution Grant Aid

65%

Pell Grant

24%

Average Aid Awarded

Federal Grant Aid

$4,527

State Grant Aid

$4,153

Institution Grant Aid

$2,875

Pell Grant

$4,121

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,108

$30,001 - $48,000

$7,774

$48,001 - $75,000

$5,136

$75,001 - $110,000

$3,261

Over $110,000

$3,123

Student Loans for University of Northern Iowa (UNI)

Average Loan Amount Average Loan Amount received per year.

$6,005/Year

Students Taking Out Loans

58%

Loan Default Rate

2.9%

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