University of Portland Financial Aid and Scholarships
Students Receiving Aid
98%
Total Aid Amount
$93.781M
Financial Aid Official Website
https://www.up.edu/finaid/index.html
It is interesting to note that almost every student at UP receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $11,008,912. At UP, the total percentage of applicants who receive the Federal Grant stands at 19%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 19% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,449, the State Grant receivers and Institution Grant beneficiaries get $3,247 and $24,396, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,791. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 48% of the applicants to University of Portland opt for student loans.
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