$5,041

Avg. Federal Grant

$5,541

Avg. Federal Loan

$99,950,738

Total Aid Awarded

The University of Toledo (UT) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$99.951M

Financial Aid Official Website

www.financialaid.utoledo.edu/

At University of Toledo, they are committed to making your educational investment as accessible and affordable as possible for everyone.

 The University of Toledo is committed to helping find ways to make a college education affordable for University of Toledo students and their families. University of Toledo offers a variety of services and programs designed to help students find ways to meet your educational expenses. University of Toledo staff is dedicated to making sure students receive their aid in a timely and efficient manner.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

25%

Institution Grant Aid

86%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$5,041

State Grant Aid

$2,073

Institution Grant Aid

$6,402

Pell Grant

$4,862

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants,with institutional grants having the highest contribution of 86% with an average aid amount being $6402.

Pell grants have a percentage of 36% with an average aid amount of $4862 which is higher than the State grant aid average of $2073.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,268

$30,001 - $48,000

$9,251

$48,001 - $75,000

$6,779

$75,001 - $110,000

$4,781

Over $110,000

$4,468

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 $10268 while those with family income over $110,000 can expect to receive an aid amount of $4468. This helps students who are coming from low income homes to pay for their degree.

Student Loans for The University of Toledo (UT)

Average Loan Amount Average Loan Amount received per year.

$6,370/Year

Students Taking Out Loans

58%

Loan Default Rate

8.3%

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