by our College Data Analytics TeamMany students attending The University of Alabama can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Uncover the various financial aid options provided by UA and determine which ones you may be eligible for by continuing your exploration.
The University of Alabama average financial aid offer for freshmen students is $9,498.00. 85% of reshman students get financial aid, most of which is in the form of loans
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at The University of Alabama.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The following numbers pertain to assistance that is supplied by The University of Alabama.
65% of new students (4354 total) were offered scholarships at The University of Alabama, averaging $15,385.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 41% of freshmen (2757 total) obtained a federal grant, for about $3,080.00 a piece.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 5.52% | $12,493.00 |
| Income 30k-48k | 3.01% | $10,582.00 |
| Income 48k-75k | 2.45% | $8,367.00 |
| Income 75k-110k | 2.11% | $6,059.00 |
| Income 110k + | 4.08% | $6,411.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 6734 undergraduate students at The University of Alabama around 85% (5251 total) receive some form of grant aid. The typical amount awarded was $9,498.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.