The University of New Orleans (UNO) Financial Aid and Scholarships
Students Receiving Aid
57%
Total Aid Amount
$28.106M
Financial Aid Official Website
www.uno.edu/finaid/
As many as 95% of the students at UNO get some sort of financial aid, and the total amount of assistance/loans provided is more than $15,948,499 in a year. One can visit UNO's financial aid page at http://www.uno.edu/finaid/ for more information. At UNO, the total percentage of applicants who receive the Federal Grant stands at 53%. On the other hand, 91% of the candidates get the Student Grant, 50% receive the Institution Grant, and 53% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,141, while the same comes to $5,405 for State Grant receivers and $4,029 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,591. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At UNO, an estimated number of 46% of the applicants choose to go for student loans.