Scholarships, Grants, and Loan Trends at U of Kentucky

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 18,507, which is 83.33 % of all undergraduate students. 9,130 students which is 40.89% of undergraduate students received federal student loans and the average loan amount is $6,608.
For full-time, first-time beginning students (freshmen), 91.44% of students received grants or scholarships and 47% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Kentucky since 2013.
For that period, the average number of students who received grants aid/scholarships is 18,507, which is 83.33 % of all undergraduate students. 9,130 students which is 40.89% of undergraduate students received federal student loans and the average loan amount is $6,608.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1418,055 (84%)$11,8485,294 (25%)$4,1449,489 (44%)$6,888
2014-1517,300 (78%)$8,7085,509 (25%)$4,3569,981 (45%)$6,944
2015-1617,628 (78%)$8,4815,267 (23%)$4,2979,871 (43%)$6,554
2016-1718,046 (80%)$9,4395,173 (23%)$4,2879,797 (43%)$6,843
2017-1818,494 (82%)$9,9425,339 (24%)$4,3669,526 (42%)$6,779
2018-1918,523 (84%)$10,4875,153 (23%)$4,4618,854 (40%)$6,445
2019-2019,519 (88%)$10,8654,956 (22%)$4,5648,775 (39%)$6,417
2020-2119,635 (88%)$10,8414,721 (21%)$4,6518,099 (36%)$6,310
2021-2219,361 (88%)$11,9814,639 (21%)$4,7277,781 (36%)$6,288
Average18,507 (83.33%)$10,2885,117 (23.00%)$4,4289,130 (40.89%)$6,608

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 4,504 (91.44 % of students) received grants or scholarships and its average amount is $10,622. It can cover 31.80% of tuition & fees ($33,406) based on out-of-state rate.
In addition, 2,326 (47.00 % of students) students get helped from the students loans (average amount : $8,384).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,955 (86%)$8,6672,188 (47%)$7,363
2014-154,675 (91%)$8,9842,506 (49%)$7,758
2015-164,679 (91%)$9,2582,536 (49%)$7,975
2016-174,600 (91%)$9,3872,542 (50%)$8,359
2017-184,426 (93%)$10,2682,340 (49%)$8,661
2018-194,560 (92%)$11,5072,277 (46%)$8,787
2019-204,899 (93%)$11,7912,504 (47%)$9,087
2020-214,419 (92%)$11,6232,046 (43%)$9,045
2021-224,322 (94%)$14,1141,992 (43%)$8,420
Average4,504 (91.44%)$10,6222,326 (47.00%)$8,384
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1,199 (24.44 % of students) received Pell (federal) grants and its average amount is $4,574.
In addition, 3,007 students received State/local government grants/scholarships (61.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,203 (26%)$4,296182 (4%)$1,3793,064 (66%)$2,3912,715 (59%)$7,931
2014-151,312 (26%)$4,407170 (3%)$1,8103,040 (59%)$2,3953,453 (67%)$8,290
2015-161,228 (24%)$4,331173 (3%)$1,6093,046 (59%)$2,4483,441 (67%)$8,795
2016-171,221 (24%)$4,428153 (3%)$5773,006 (60%)$2,4523,501 (69%)$8,659
2017-181,252 (26%)$4,608168 (4%)$5422,913 (61%)$2,5293,476 (73%)$9,269
2018-191,223 (25%)$4,643166 (3%)$5602,972 (60%)$2,5543,843 (77%)$10,178
2019-201,220 (23%)$4,7591,529 (29%)$1,4523,161 (60%)$2,5794,023 (76%)$10,336
2020-211,043 (22%)$4,7621,815 (38%)$1,0712,876 (60%)$2,7083,648 (76%)$10,050
2021-221,087 (24%)$4,9341,650 (36%)$3,6472,981 (65%)$2,8563,880 (84%)$10,594
Average1,199 (24.44%)$4,574667 (13.67%)$1,4053,007 (61.11%)$2,5463,553 (72.00%)$9,345
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 2,326 (47.00 % of students) get any students loan help and its average loan amount is $2,326.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-142,188 (47%)$7,3632,139 (46%)$5,701303 (7%)$12,922
2014-152,506 (49%)$7,7582,451 (48%)$5,798367 (7%)$14,252
2015-162,536 (49%)$7,9752,475 (48%)$5,428434 (8%)$15,647
2016-172,542 (50%)$8,3592,483 (49%)$5,728427 (8%)$16,459
2017-182,340 (49%)$8,6612,278 (48%)$5,546434 (9%)$17,591
2018-192,277 (46%)$8,7872,198 (44%)$5,328460 (9%)$18,038
2019-202,504 (47%)$9,0872,395 (45%)$5,329509 (10%)$19,629
2020-212,046 (43%)$9,0451,950 (41%)$5,177438 (9%)$19,204
2021-221,992 (43%)$8,4201,918 (42%)$5,247358 (8%)$18,737
Average2,326 (47.00%)$8,3842,254 (45.67%)$5,476414 (8.33%)$16,942
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