Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 12,918, which is 81.89 % of all undergraduate students. 5,945 students which is 37.67% of undergraduate students received federal student loans and the average loan amount is $6,492.

For full-time, first-time beginning students (freshmen), 94.89% of students received grants or scholarships and 45% 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 Louisville since 2013.

For that period, the average number of students who received grants aid/scholarships is 12,918, which is 81.89 % of all undergraduate students. 5,945 students which is 37.67% of undergraduate students received federal student loans and the average loan amount is $6,492.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411,869 (74%)$8,2694,666 (29%)$3,9456,633 (42%)$6,758
2014-1512,074 (76%)$8,4774,619 (29%)$3,9406,530 (41%)$6,663
2015-1612,044 (76%)$9,1994,463 (28%)$4,0126,278 (40%)$6,464
2016-1712,444 (79%)$9,1464,271 (27%)$4,0016,268 (40%)$6,562
2017-1813,020 (84%)$8,9844,462 (29%)$4,1176,132 (39%)$6,455
2018-1912,794 (82%)$9,2994,588 (29%)$4,2315,962 (38%)$6,330
2019-2013,270 (84%)$9,6254,584 (29%)$2,0775,793 (37%)$6,413
2020-2113,904 (87%)$9,2484,417 (28%)$4,3185,154 (32%)$6,411
2021-2214,846 (95%)$9,5084,556 (29%)$4,4544,759 (30%)$6,376
Average12,918 (81.89%)$9,0844,514 (28.56%)$3,8995,945 (37.67%)$6,492
*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, 2,538 (94.89 % of students) received grants or scholarships and its average amount is $10,282. It can cover 35.24% of tuition & fees ($29,174) based on out-of-state rate.

In addition, 1,198 (44.78 % of students) students get helped from the students loans (average amount : $6,894).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,618 (93%)$8,6181,281 (46%)$6,298
2014-152,648 (94%)$8,7951,337 (47%)$6,459
2015-162,556 (93%)$9,4871,226 (45%)$6,353
2016-172,581 (94%)$9,5891,285 (47%)$6,998
2017-182,482 (94%)$10,0471,260 (48%)$6,621
2018-192,613 (96%)$10,8301,228 (45%)$7,199
2019-202,432 (96%)$11,7091,133 (45%)$7,402
2020-212,530 (97%)$11,2451,051 (40%)$7,224
2021-222,379 (97%)$12,216980 (40%)$7,490
Average2,538 (94.89%)$10,2821,198 (44.78%)$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.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 877 (32.67 % of students) received Pell (federal) grants and its average amount is $4,456.

In addition, 2,057 students received State/local government grants/scholarships (76.67 % 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
2013-14851 (30%)$4,180436 (16%)$3832,270 (81%)$2,3011,567 (56%)$8,688
2014-15859 (30%)$4,229467 (16%)$3862,259 (80%)$2,3421,557 (55%)$9,111
2015-16858 (31%)$4,225536 (20%)$3822,165 (79%)$2,4671,615 (59%)$9,336
2016-17825 (30%)$4,279581 (21%)$3842,179 (79%)$2,5011,682 (61%)$9,243
2017-18882 (33%)$4,578639 (24%)$3792,033 (77%)$2,5611,823 (69%)$8,476
2018-19947 (35%)$4,577818 (30%)$3812,076 (76%)$2,6402,180 (80%)$8,336
2019-20890 (35%)$4,6551,056 (42%)$1,2431,900 (75%)$2,7631,956 (77%)$9,085
2020-21871 (33%)$4,4992,178 (84%)$7391,889 (72%)$2,7341,955 (75%)$9,083
2021-22909 (37%)$4,8801,575 (64%)$1,1761,746 (71%)$3,0591,941 (79%)$8,981
Average877 (32.67%)$4,456921 (35.22%)$6062,057 (76.67%)$2,5961,808 (67.89%)$8,927
*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, 1,198 (44.78 % of students) get any students loan help and its average loan amount is $1,198.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,281 (46%)$6,2981,268 (45%)$5,369129 (5%)$9,767
2014-151,337 (47%)$6,4591,325 (47%)$5,324141 (5%)$11,210
2015-161,226 (45%)$6,3531,214 (44%)$5,070160 (6%)$10,210
2016-171,285 (47%)$6,9981,263 (46%)$5,286181 (7%)$12,796
2017-181,260 (48%)$6,6211,244 (47%)$5,354155 (6%)$10,858
2018-191,228 (45%)$7,1991,196 (44%)$5,136185 (7%)$14,582
2019-201,133 (45%)$7,4021,097 (43%)$5,185187 (7%)$14,430
2020-211,051 (40%)$7,224997 (38%)$5,075178 (7%)$14,230
2021-22980 (40%)$7,490941 (38%)$5,225164 (7%)$14,778
Average1,198 (44.78%)$6,8941,172 (43.56%)$5,225164 (6.33%)$12,540

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