Scholarships, Grants, and Loan Trends at UVA

Over the past 11 years (2013-2023), the average number of students who received grants aid/scholarships is 7,296, which is 43.40 % of all undergraduate students. 4,047 students which is 24.10% of undergraduate students received federal student loans and the average loan amount is $6,141.
For full-time, first-time beginning students (freshmen), 35.50% of students received grants or scholarships and 27% 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 Virginia-Main Campus since 2013.
For that period, the average number of students who received grants aid/scholarships is 7,296, which is 43.40 % of all undergraduate students. 4,047 students which is 24.10% of undergraduate students received federal student loans and the average loan amount is $6,141.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,553 (41%)$16,4492,020 (13%)$4,1854,031 (25%)$6,660
2014-156,626 (40%)$16,9052,085 (13%)$4,2134,276 (26%)$6,575
2015-166,689 (40%)$17,8302,032 (12%)$4,3074,245 (25%)$6,332
2016-176,838 (42%)$18,6542,040 (12%)$4,3424,238 (26%)$6,162
2017-187,186 (43%)$19,2112,153 (13%)$4,4354,249 (26%)$6,116
2018-197,294 (43%)$20,2562,248 (13%)$4,5284,188 (25%)$5,869
2019-208,099 (48%)$20,1252,310 (14%)$4,5984,244 (25%)$5,849
2020-218,647 (50%)$20,6762,456 (14%)$4,6853,896 (23%)$5,879
2021-227,747 (45%)$23,9892,343 (14%)$4,8583,546 (20%)$6,010
2022-237,278 (42%)$26,4922,391 (14%)$5,2113,561 (20%)$5,961
Average7,296 (43.40%)$20,0592,208 (13.20%)$4,5364,047 (24.10%)$6,141

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

For the last 11 years, on average, 1,339 (35.50 % of students) received grants or scholarships and its average amount is $22,051. It can cover 36.98% of tuition & fees ($59,633) based on out-of-state rate.
In addition, 1,001 (26.60 % of students) students get helped from the students loans (average amount : $7,986).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,164 (33%)$17,3201,006 (29%)$7,329
2014-151,185 (32%)$18,8591,101 (30%)$7,213
2015-161,256 (34%)$19,0171,030 (28%)$7,520
2016-171,283 (35%)$21,1711,028 (28%)$7,758
2017-181,405 (37%)$21,8651,112 (29%)$7,472
2018-191,397 (37%)$23,3771,089 (29%)$7,904
2019-201,526 (39%)$22,7961,071 (27%)$8,603
2020-211,732 (46%)$19,612966 (26%)$7,420
2021-221,318 (34%)$26,818873 (22%)$8,639
2022-231,122 (28%)$29,675737 (18%)$10,002
Average1,339 (35.50%)$22,0511,001 (26.60%)$7,986
*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 11 years, on average, 469 (12.30 % of students) received Pell (federal) grants and its average amount is $4,703.
In addition, 207 students received State/local government grants/scholarships (5.30 % 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
2013-14445 (13%)$4,230338 (10%)$4,699179 (5%)$9,5291,016 (29%)$14,749
2014-15461 (12%)$4,414386 (10%)$5,641180 (5%)$9,3481,016 (27%)$16,194
2015-16428 (12%)$4,385356 (10%)$4,086218 (6%)$10,6841,129 (31%)$16,142
2016-17448 (12%)$4,509334 (9%)$5,731201 (5%)$10,1951,150 (31%)$18,416
2017-18510 (13%)$4,593334 (9%)$846202 (5%)$12,9871,375 (36%)$18,525
2018-19503 (13%)$4,674303 (8%)$845170 (4%)$12,7451,347 (35%)$20,701
2019-20516 (13%)$4,773516 (13%)$1,295161 (4%)$14,0441,409 (36%)$20,863
2020-21509 (13%)$4,9551,196 (32%)$1,947185 (5%)$14,1951,263 (33%)$20,975
2021-22442 (11%)$5,020857 (22%)$3,353163 (4%)$13,7751,222 (31%)$22,920
2022-23426 (11%)$5,476227 (6%)$1,274410 (10%)$4,7171,065 (26%)$26,986
Average469 (12.30%)$4,703485 (12.90%)$2,972207 (5.30%)$11,2221,199 (31.50%)$19,647
*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 11 years, on average, 1,001 (26.60 % of students) get any students loan help and its average loan amount is $1,001.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,006 (29%)$7,329985 (28%)$5,93096 (3%)$15,954
2014-151,101 (30%)$7,2131,088 (29%)$5,92690 (2%)$16,606
2015-161,030 (28%)$7,5201,005 (27%)$5,393129 (4%)$18,029
2016-171,028 (28%)$7,7581,006 (27%)$5,366150 (4%)$17,178
2017-181,112 (29%)$7,4721,086 (29%)$5,348143 (4%)$17,485
2018-191,089 (29%)$7,9041,043 (27%)$4,848339 (9%)$10,475
2019-201,071 (27%)$8,6031,039 (27%)$4,835379 (10%)$11,058
2020-21966 (26%)$7,420940 (25%)$4,845237 (6%)$11,030
2021-22873 (22%)$8,639827 (21%)$4,947247 (6%)$13,970
2022-23737 (18%)$10,002686 (17%)$5,791216 (5%)$15,735
Average1,001 (26.60%)$7,986971 (25.70%)$5,323203 (5.30%)$14,752
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