$5,465

Avg. Federal Grant

$5,414

Avg. Federal Loan

$71,551,921

Total Aid Awarded

University of La Verne Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$71.552M

Financial Aid Official Website

laverne.edu/financial-aid/

Students can avail of scholarships provided by the university, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. Notably, 98% of the students at University of La Verne get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $24,561,754. One can visit ULV's financial aid page at http://laverne.edu/financial-aid/ for more information. The total percentage of candidates applying to University of La Verne who receive the Federal Grant is 49%. In comparison, 97% of the students are awarded the Student Grant, 97% get the Institution Grant, and 49% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,703, the State Grant receivers and Institution Grant beneficiaries get $7,524 and $23,521, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,291. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $30,781 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $31,310 and $28,160, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $24,521. And, for those with a family income of more than $110,000, the amount stands at $19,453. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 ULV, an estimated number of 71% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

52%

Institution Grant Aid

97%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$5,465

State Grant Aid

$7,354

Institution Grant Aid

$20,894

Pell Grant

$4,853

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$33,827

$30,001 - $48,000

$32,684

$48,001 - $75,000

$30,463

$75,001 - $110,000

$27,512

Over $110,000

$21,208

Student Loans for University of La Verne

Average Loan Amount Average Loan Amount received per year.

$6,884/Year

Students Taking Out Loans

72%

Loan Default Rate

4%

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