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.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
University of Evansville average financial aid offer for freshmen students is $28,001.00. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
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 Evansville.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by University of Evansville.
100% of incoming freshmen (444 total) were awarded scholarships at University of Evansville, averaging $25,025.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 26% of first-year students (115 total) got federal grant aid, averaging $4,957.00 per person.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.34% | $33,915.00 |
| Income 30k-48k | 6.52% | $31,089.00 |
| Income 48k-75k | 11.91% | $30,096.00 |
| Income 75k-110k | 11.24% | $23,943.00 |
| Income 110k + | 22.92% | $25,555.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 445 undergraduate students at University of Evansville around 100% (444 total) receive some form of grant aid. The typical amount awarded was $28,001.00.
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.