$5,689

Avg. Federal Grant

$4,508

Avg. Federal Loan

$14,126,032

Total Aid Awarded

University of the District of Columbia Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$14.126M

Financial Aid Official Website

www.udc.edu/admissions/financial-aid/

As many as 85% of the students at UDC get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,565,244 in a year. More information regarding the financial assistance schemes can be accessed on UDC’s official financial aid page at http://www.udc.edu/admissions/financial-aid/. Notably, a total of 52% of the applicants to University of the District of Columbia receive the Federal Grant every year. In comparison, 75% of the students are awarded the Student Grant, 50% get the Institution Grant, and 52% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,126. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At UDC, an estimated number of 31% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

3%

Institution Grant Aid

42%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$5,689

State Grant Aid

$2,309

Institution Grant Aid

$7,665

Pell Grant

$5,249

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,863

$30,001 - $48,000

$5,967

$48,001 - $75,000

$6,429

$75,001 - $110,000

$6,848

Over $110,000

$2,295

Student Loans for University of the District of Columbia

Average Loan Amount Average Loan Amount received per year.

$4,893/Year

Students Taking Out Loans

27%

Loan Default Rate

15%

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