$4,923

Avg. Federal Grant

$5,352

Avg. Federal Loan

$147,265,919

Total Aid Awarded

University of Connecticut (UConn) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$147.266M

Financial Aid Official Website

financialaid.uconn.edu/

It is interesting to note that, every year, around 75% of students at UC receive some kind of financial aid, while the total amount of assistance/loans provided is $55,150,329. More information regarding the financial assistance schemes can be accessed on UC’s official financial aid page at http://financialaid.uconn.edu/. The total percentage of candidates applying to University of Connecticut who receive the Federal Grant is 20%. On the other hand, 61% of the candidates get the Student Grant, 61% receive the Institution Grant, and 20% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,345, the State Grant receivers and Institution Grant beneficiaries get $3,648 and $12,665, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,826. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. Every year, around 44% of the applicants to University of Connecticut opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

19%

State Grant Aid

5%

Institution Grant Aid

59%

Pell Grant

19%

Average Aid Awarded

Federal Grant Aid

$4,923

State Grant Aid

$4,371

Institution Grant Aid

$11,818

Pell Grant

$4,719

UConn provides multiple aids to students. The university offers financial support which provides learning opportunities to students. The total aid awarded by the university is $147,265,919, with almost 61% of the students receiving the aid.

  • Federal Grant average aid amount comes to about $4,923, with the percentage of students receiving it standing at 19%.

  • Pell Grant average aid amount is $4,719; almost 19% of students receive it.

  • 5% of students receive State Grants that contain an average aid of $4,371.

  • Institution Grant average aid worth an average of $11,818 is received by 59% of students applying for it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,898

$30,001 - $48,000

$16,482

$48,001 - $75,000

$12,469

$75,001 - $110,000

$5,875

Over $110,000

$2,945

University of Connecticut plans financial aid to students on the basis of family income bracket. They ensure that every student gets financial support to complete the education. The following is a brief summary on the data we have gathered on the amount of aid you could avail from UConn’s aid programs based on how much you earn annually.

  • For the income bracket between $0-30,000 the aid amount is the highest as the students under this bracket require more financial support , for this income bracket the aid amount comes up to $18,898.

  • Slight change is observed in the aid amount when the income bracket is $30,001-48,000 the amount comes up to $16,482.

  • For an income bracket $48,001-75,000 the aid provided decreases to $12,469.

  • When the income bracket increases the aid amount decreases to $5,875.

  • When the income bracket becomes $110,000 and more the aid amount becomes $2,945.

Student Loans for University of Connecticut (UConn)

Average Loan Amount Average Loan Amount received per year.

$7,059/Year

Students Taking Out Loans

43%

Loan Default Rate

2.3%

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