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.
Curious about the financial aid opportunities at UVM and what you may be eligible for? Explore the answers here.
$14,364.00 is the typical University of Vermont’s first year financial aid package. A significant 96% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
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 Vermont.
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 following numbers pertain to assistance that is supplied by University of Vermont.
94% of first-year students (2462 total) were offered scholarships at University of Vermont, averaging $17,291.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 25% of first-year students (661 total) got federal grant aid, averaging $3,859.00 per person.
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 | 2.36% | $22,685.00 |
| Income 30k-48k | 1.90% | $21,184.00 |
| Income 48k-75k | 2.74% | $17,122.00 |
| Income 75k-110k | 2.82% | $12,070.00 |
| Income 110k + | 3.08% | $8,205.00 |
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.
2488 UVM undergrads obtain grant aid (this is about 96% of the entire undergraduate student population). The average amount these students receive is $14,364.00.
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.
