$6,549

Avg. Federal Grant

$7,699

Avg. Federal Loan

$175,481,825

Total Aid Awarded

Tulane University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$175.482M

Financial Aid Official Website

www2.tulane.edu/financialaid/

Students can avail of scholarships provided by the university, such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Dean's Honor Scholarship, and Distinguished Scholar Award, if they find educational expenses to be on the higher side. Notably, 79% of the students at Tulane University of Louisiana get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $14,294,558. The total percentage of candidates applying to Tulane University of Louisiana who receive the Federal Grant is 7%. On the other hand, 76% of the candidates get the Student Grant, 76% receive the Institution Grant, and 7% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,882, while the same comes to $6,363 for State Grant receivers and $30,990 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,126. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At TUL, an estimated number of 26% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

8%

State Grant Aid

10%

Institution Grant Aid

76%

Pell Grant

8%

Average Aid Awarded

Federal Grant Aid

$6,549

State Grant Aid

$6,336

Institution Grant Aid

$30,555

Pell Grant

$4,598

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$52,409

$30,001 - $48,000

$46,799

$48,001 - $75,000

$42,669

$75,001 - $110,000

$37,784

Over $110,000

$25,791

Student Loans for Tulane University

Average Loan Amount Average Loan Amount received per year.

$9,544/Year

Students Taking Out Loans

28%

Loan Default Rate

3.6%

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