by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Uncover the various financial aid options provided by UAB and determine which ones you may be eligible for by continuing your exploration.
University of Alabama at Birmingham average financial aid offer for freshmen students is $8,815.00. 96% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at University of Alabama at Birmingham.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers apply to scholarships and grants largely offered by the school itself.
82% of first-year students (1885 total) were offered scholarships at University of Alabama at Birmingham, averaging $8,834.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 36% of first-year students (826 total) got federal grant aid, averaging $6,414.00 per person.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.36% | $12,099.00 |
| Income 30k-48k | 9.24% | $10,742.00 |
| Income 48k-75k | 8.20% | $7,685.00 |
| Income 75k-110k | 7.86% | $6,401.00 |
| Income 110k + | 8.51% | $5,825.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
2108 UAB undergrads obtain grant aid (this is about 96% of the entire undergraduate student population). The average amount these students receive is $8,815.00.
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.