by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Curious about the financial aid opportunities at UNG and what you may be eligible for? Explore the answers here.
$5,413.00 is the typical University of North Georgia’s first year financial aid package. Financial aid is provided to about 93% of first-year students, with the bulk of support coming in the form of loans.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at University of North Georgia.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
10% of first-year students (399 total) were offered scholarships at University of North Georgia, averaging $4,257.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 37% of freshman students (1431 total) obtained federal grant aid, averaging $4,150.00 a piece.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.16% | $8,873.00 |
| Income 30k-48k | 9.49% | $8,162.00 |
| Income 48k-75k | 8.50% | $5,811.00 |
| Income 75k-110k | 5.92% | $3,973.00 |
| Income 110k + | 6.99% | $3,424.00 |
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.
3575 UNG undergrads obtain grant aid (this is about 93% of the entire undergraduate student population). The average amount these students receive is $5,413.00.
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.