OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Union University Financial Aid and Scholarships 2022

Union University, which is located in Jackson, TN is a private, Southern Baptist university. Union University occupies a total area of about 290 acres. It was in 1823 when the Union University was founded. Keeping the pursuit of research, innovation, and excellence at the center, Union University has been imparting quality education to its students. The motto of the varsity is Religio et Eruditio and its official colors are cardinal & cream. The total enrolment stands at 3,377 students at Uni

Union University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

72%

Total Aid Amount Average Total Aid Awarded per year.

$30.573M

Financial Aid Official Website

www.uu.edu/financialaid/

Such schemes include Carnegie Dartlet $10,000 Scholarship, Chapter 105 - Memphis - Les Segar Memorial Scholarship, Community Service Scholarship for Multicultural Students, and Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $14,000,112. One can visit UU's financial aid page at http://www.uu.edu/financialaid/ for more information. The total percentage of candidates applying to Union University who receive the Federal Grant is 47%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 34% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $3,794, the State Grant receivers and Institution Grant beneficiaries get $5,187 and $16,059, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,456. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $31,082 per year. The average aid amount stands at $28,249 for an annual family income between $30,001 and $48,000. This amount comes to $28,379 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $24,499, while candidates with more than $110,000 of family income receive an average federal aid of $22,038. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 94% of the applicants to Union University opt for student loans.

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