University of Vermont Financial Aid and Scholarships
Students Receiving Aid
80%
Total Aid Amount
$145.765M
Financial Aid Official Website
www.uvm.edu/studentfinancialservices
Students can avail of scholarships provided by the university, such as Denton and Ann Lyon Scholarship, Emily Lester Vermont Opportunity Scholarship, Jedidiah Zabrosky Scholarship, and Kittredge Coddington Memorial Scholarship, if they find educational expenses to be on the higher side. As many as 96% of the students at UV get some sort of financial aid, and the total amount of assistance/loans provided is more than $29,461,619 in a year. For additional information about financial assistance schemes, one can head over to UV’s financial aid page at http://www.uvm.edu/studentfinancialservices. Notably, a total of 16% of the applicants to University of Vermont receive the Federal Grant every year. In comparison, 94% of the students are awarded the Student Grant, 93% get the Institution Grant, and 16% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,432, while the same comes to $2,959 for State Grant receivers and $16,007 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,381. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At University of Vermont, the percentage of candidates who opt to avail of student loans is around 51%.
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