10,438 students (79% of total 13,185 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Toledo. The average amount of the aid awarded is $9,446.

For the first-time, full-time beginning students (freshmen), 97% of total 2,281 enrolled students have received any kind of financial aid and its average amount of aid received is $10,047.

All Undergraduate Financial Aid

At University of Toledo, 10,438 undergraduate students (79% of total 13,185 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,446.

Financial Aid Statistics (All Undergraduate Students) - U of Toledo
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship10,43879% $98,592,832$9,446
Pell Grants3,52527% $17,738,158$5,032
Federal Student Loan5,09739% $33,047,209$6,484

Beginning Undergraduate Students (Freshmen) Financial Aid

2,218 beginning undergraduate students (97% of total 2,281 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Toledo. The average amount of aid received is $10,047.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - U of Toledo
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid2,21897% --
Grants or Scholarships2,19496%$22,043,791$10,047
Federal Grants1,52467%$7,139,227$4,685
Pell Grants72332%$3,677,428$5,086
Other Federal Grants1,50266%$3,461,799$2,305
State/Local Grants51122%$1,320,099$2,583
Institutional Grants2,07091%$13,584,465$6,563
Student Loan Aid1,06347%$7,227,047$6,799
Federal Student Loans1,03345%$5,506,623$5,331
Other Student Loans1366%$1,720,424$12,650

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2021-2022 at University of Toledo.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,4581,417$11,884,937$8,152
0-30,000317316$3,929,162$12,395
30,001-48,000193193$2,159,182$11,187
48,001-75,000221215$1,770,915$8,013
75,001-110,000317306$1,923,734$6,069
110,001 or more410387$2,101,944$5,127

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