University of Houston-Downtown (UHD) Financial Aid and Scholarships
Students Receiving Aid
64%
Total Aid Amount
$42.431M
Financial Aid Official Website
www.uhd.edu/financial/
Such schemes include Abe and Annie Seibel Foundation Loan, Autrey Scholarship, Boney Scholarship, and Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption. It is interesting to note that, every year, around 83% of students at UHD receive some kind of financial aid, while the total amount of assistance/loans provided is $34,846,025. For additional information about financial assistance schemes, one can head over to UHD’s financial aid page at http://www.uhd.edu/financial/. At UHD, the total percentage of applicants who receive the Federal Grant stands at 60%. On the other hand, 79% of the candidates get the Student Grant, 48% receive the Institution Grant, and 60% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,544, while the same comes to $5,739 for State Grant receivers and $2,421 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,370. 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 University of Houston-Downtown, the percentage of candidates who opt to avail of student loans is around 21%.