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.
What amount of UVU financial assistance will actually be available to you?Get answers to your questions here.
$4,665.00 is the typical Utah Valley University’s first year financial aid package. Approximately 74% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Utah Valley University.
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 listed below make reference to help that is offered by Utah Valley University.
41% of new students (1464 total) were offered scholarships at Utah Valley University, averaging $3,307.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 39% of freshmen (1388 total) obtained a federal grant, for about $4,485.00 a piece.
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 | 10.65% | $5,890.00 |
| Income 30k-48k | 3.37% | $3,605.00 |
| Income 48k-75k | 3.21% | $2,401.00 |
| Income 75k-110k | 1.78% | $1,151.00 |
| Income 110k + | 0.67% | $349.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
2394 UVU undergrads obtain grant aid (this is about 74% of the entire undergraduate student population). The average amount these students receive is $4,665.00.
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.