Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,235, which is 48.33 % of all undergraduate students. 1,506 students which is 21.67% of undergraduate students received federal student loans and the average loan amount is $6,894.

For full-time, first-time beginning students (freshmen), 82.11% of students received grants or scholarships and 28% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at University of Alaska Fairbanks since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,235, which is 48.33 % of all undergraduate students. 1,506 students which is 21.67% of undergraduate students received federal student loans and the average loan amount is $6,894.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,412 (43%)$5,4551,808 (23%)$3,5742,037 (25%)$7,079
2014-153,460 (46%)$5,7341,706 (23%)$3,5711,902 (25%)$6,861
2015-163,234 (43%)$6,0581,559 (21%)$3,5611,705 (23%)$6,898
2016-173,162 (44%)$6,2251,459 (20%)$3,5701,609 (22%)$7,025
2017-182,958 (45%)$6,5291,462 (22%)$3,6721,512 (23%)$6,918
2018-192,893 (45%)$6,8901,512 (24%)$3,8841,379 (21%)$6,673
2019-203,013 (49%)$6,9961,411 (23%)$3,9611,267 (20%)$6,779
2020-213,032 (52%)$6,8261,274 (22%)$3,8751,079 (18%)$7,033
2021-223,951 (68%)$6,0911,260 (22%)$3,9291,068 (18%)$6,781
Average3,235 (48.33%)$6,3121,495 (22.22%)$3,7331,506 (21.67%)$6,894
*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.

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

For the last 10 years, on average, 515 (82.11 % of students) received grants or scholarships and its average amount is $7,779. It can cover 29.46% of tuition & fees ($26,404) based on out-of-state rate.

In addition, 183 (28.44 % of students) students get helped from the students loans (average amount : $6,429).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14604 (78%)$6,728245 (32%)$5,831
2014-15571 (77%)$6,955238 (32%)$5,974
2015-16513 (74%)$6,964220 (32%)$6,064
2016-17518 (77%)$7,457188 (28%)$6,898
2017-18486 (76%)$7,391200 (31%)$6,851
2018-19457 (78%)$8,409173 (30%)$6,885
2019-20483 (90%)$8,599159 (29%)$7,078
2020-21464 (90%)$8,808110 (21%)$6,576
2021-22535 (99%)$8,704114 (21%)$5,705
Average515 (82.11%)$7,779183 (28.44%)$6,429
*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, 179 (28.33 % of students) received Pell (federal) grants and its average amount is $4,299.

In addition, 367 students received State/local government grants/scholarships (58.33 % 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
2013-14228 (29%)$4,07440 (5%)$483425 (55%)$4,216332 (43%)$3,987
2014-15197 (27%)$4,04538 (5%)$464433 (59%)$4,201343 (46%)$3,901
2015-16183 (26%)$4,04847 (7%)$830389 (56%)$4,135276 (40%)$4,291
2016-17174 (26%)$4,14521 (3%)$647410 (61%)$4,736305 (46%)$3,890
2017-18199 (31%)$4,20747 (7%)$511355 (56%)$4,566249 (39%)$4,459
2018-19181 (31%)$4,67956 (10%)$375348 (60%)$5,131244 (42%)$4,876
2019-20178 (33%)$4,653401 (74%)$558307 (57%)$5,514267 (50%)$5,274
2020-21141 (27%)$4,417374 (73%)$462323 (63%)$5,432316 (62%)$4,863
2021-22134 (25%)$4,420535 (99%)$1,024314 (58%)$5,486364 (68%)$4,929
Average179 (28.33%)$4,299173 (31.44%)$595367 (58.33%)$4,824300 (48.44%)$4,497
*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, 183 (28.44 % of students) get any students loan help and its average loan amount is $183.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14245 (32%)$5,831237 (31%)$5,12523 (3%)$9,295
2014-15238 (32%)$5,974233 (32%)$4,99431 (4%)$8,324
2015-16220 (32%)$6,064212 (30%)$4,81025 (4%)$12,577
2016-17188 (28%)$6,898175 (26%)$5,09432 (5%)$12,664
2017-18200 (31%)$6,851190 (30%)$4,85032 (5%)$14,018
2018-19173 (30%)$6,885166 (28%)$5,24227 (5%)$11,887
2019-20159 (29%)$7,078150 (28%)$4,94429 (5%)$13,230
2020-21110 (21%)$6,576108 (21%)$5,31211 (2%)$13,596
2021-22114 (21%)$5,705113 (21%)$4,7146 (1%)$19,614
Average183 (28.44%)$6,429176 (27.44%)$5,00924 (3.78%)$12,801

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