University of Advancing Technology (UAT) Financial Aid and Scholarships
Students Receiving Aid
70%
Total Aid Amount
$4.697M
Financial Aid Official Website
www.uat.edu/parents-guide-uat-mission-statement/elite-education-affordability#financialaid
Among them are scholarship programs such as Advancing Technology Award, Alliance of Technology and Women Community Scholarship, CU Succeed Scholarship, and Dean's Award Scholarship. As many as 88% of the students at UAT get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,241,187 in a year. Notably, a total of 52% of the applicants to University of Advancing Technology receive the Federal Grant every year. On the other hand, 69% of the candidates get the Student Grant, 21% receive the Institution Grant, and 50% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,458. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At UAT, an estimated number of 78% of the applicants choose to go for student loans.