by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Curious about the financial aid opportunities at UNCA and what you may be eligible for? Explore the answers here.
$6,303.00 is the typical University of North Carolina at Asheville’s first year financial aid package. 92% 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 should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at University of North Carolina at Asheville.
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 numbers below apply to scholarships and grants primarily provided by University of North Carolina at Asheville.
88% of first-year students (577 total) were offered scholarships at University of North Carolina at Asheville, averaging $3,886.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 38% of freshmen (247 total) obtained a federal grant, for about $4,871.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 15.14% | $11,450.00 |
| Income 30k-48k | 10.86% | $9,997.00 |
| Income 48k-75k | 11.47% | $7,483.00 |
| Income 75k-110k | 8.72% | $3,976.00 |
| Income 110k + | 8.87% | $2,496.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
92% of the 654 undergraduates at University of North Carolina at Asheville receive some sort of grant aid. This is a total of about 586 students getting an average of $6,303.00 per person.
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.