by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Interested in understanding the financial aid resources available at U of U and your eligibility? Find the answers you seek below.
University of Utah average financial aid offer for freshmen students is $7,560.00. 87% of reshman students get financial aid, most of which is in the form of loans
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.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at University of Utah.
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 Utah.
72% of new students (2928 total) were offered scholarships at University of Utah, averaging $7,603.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 20% of first-year students (795 total) got a federal grant, for about $5,091.00 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 | 7.08% | $9,872.00 |
| Income 30k-48k | 4.06% | $8,480.00 |
| Income 48k-75k | 4.46% | $6,461.00 |
| Income 75k-110k | 3.39% | $4,557.00 |
| Income 110k + | 4.03% | $3,014.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 4040 undergraduate students at University of Utah around 87% (3226 total) receive some form of grant aid. The typical amount awarded was $7,560.00.
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.