OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

University of Mount Union Financial Aid and Scholarships 2022

University of Mount Union, which is located in Alliance, Ohio is a private university. Around 98% of the students are 24 and under at University of Mount Union. At UMU around 79% are white, 7% are Black or African American, and 4% belong to Hispanic ethnicity. And, when it comes to gender distribution at the varsity, around 49% of the students are females and 51% are males. The college has produced several achievers in its many years of existence and some of the notable alumni are Pierre Gar�

University of Mount Union Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$36.228M

Financial Aid Official Website

www.mountunion.edu/financial-aid

Such schemes include Academic Merit Award, Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, and Cory Pelfrey Memorial Scholarship. As many as 99% of the students at UMU get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,645,994 in a year. At UMU, the total percentage of applicants who receive the Federal Grant stands at 36%. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 36% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,460, while the same comes to $2,573 for State Grant receivers and $17,392 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,446. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 93% of the applicants to University of Mount Union opt for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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