Over the past 10 years (2014-2023), the average number of students who received grants aid/scholarships is 1,202, which is 65.80 % of all undergraduate students. 656 students which is 34.40% of undergraduate students received federal student loans and the average loan amount is $4,300.

For full-time, first-time beginning students (freshmen), 82.40% of students received grants or scholarships and 31% 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 the Virgin Islands since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,202, which is 65.80 % of all undergraduate students. 656 students which is 34.40% of undergraduate students received federal student loans and the average loan amount is $4,300.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,420 (66%)$4,5251,106 (52%)$4,181691 (32%)$5,859
2014-151,436 (68%)$4,7511,153 (55%)$4,333672 (32%)$5,793
2015-161,363 (64%)$8,6511,184 (55%)$4,3181,058 (49%)$3,777
2016-171,201 (57%)$5,1471,126 (53%)$4,2491,018 (48%)$3,648
2017-181,156 (61%)$4,9471,048 (55%)$4,125867 (46%)$3,112
2018-191,140 (66%)$5,884903 (52%)$5,068360 (21%)$5,826
2019-201,410 (76%)$5,904972 (53%)$4,588858 (46%)$2,392
2020-211,081 (68%)$5,975779 (49%)$5,475597 (38%)$2,039
2021-22852 (62%)$5,694630 (46%)$4,670203 (15%)$5,218
2022-23963 (70%)$6,411637 (46%)$4,994233 (17%)$5,339
Average1,202 (65.80%)$5,789954 (51.60%)$4,600656 (34.40%)$4,300
*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 11 years, on average, 238 (82.40 % of students) received grants or scholarships and its average amount is $6,867. It can cover 44.24% of tuition & fees ($15,521) based on out-of-state rate.

In addition, 93 (30.80 % of students) students get helped from the students loans (average amount : $4,483).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14231 (77%)$5,714121 (40%)$4,808
2014-15281 (79%)$5,777128 (36%)$5,156
2015-16277 (77%)$6,193241 (67%)$5,357
2016-17239 (76%)$6,43598 (31%)$4,287
2017-18218 (78%)$6,61666 (24%)$4,144
2018-19236 (80%)$7,36955 (19%)$3,981
2019-20296 (87%)$7,21175 (22%)$4,366
2020-21223 (86%)$7,31237 (14%)$3,767
2021-22174 (92%)$7,04172 (38%)$4,436
2022-23205 (92%)$9,00137 (17%)$4,529
Average238 (82.40%)$6,86793 (30.80%)$4,483
*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, 186 (63.00 % of students) received Pell (federal) grants and its average amount is $5,178.

In addition, 38 students received State/local government grants/scholarships (15.20 % 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
2013-14189 (63%)$4,57711 (4%)$1,24813 (4%)$14,11097 (32%)$2,657
2014-15236 (66%)$4,73421 (6%)$1,41710 (3%)$13,312130 (37%)$2,641
2015-16251 (69%)$4,99216 (4%)$1,4069 (2%)$11,43793 (26%)$3,626
2016-17208 (66%)$4,96124 (8%)$1,30211 (3%)$14,16495 (30%)$3,357
2017-18180 (64%)$4,72613 (5%)$1,55911 (4%)$11,825120 (43%)$3,676
2018-19195 (66%)$5,47234 (12%)$1,2799 (3%)$15,178164 (56%)$3,000
2019-20215 (63%)$5,635241 (71%)$58875 (22%)$4,173146 (43%)$3,206
2020-21151 (58%)$5,30632 (12%)$1,26063 (24%)$3,243167 (64%)$3,501
2021-22108 (57%)$5,25237 (19%)$1,36562 (33%)$3,043121 (64%)$3,461
2022-23131 (58%)$6,12917 (8%)$1,314120 (54%)$4,036143 (64%)$3,746
Average186 (63.00%)$5,17845 (14.90%)$1,27438 (15.20%)$9,452128 (45.90%)$3,287
*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, 93 (30.80 % of students) get any students loan help and its average loan amount is $93.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14121 (40%)$4,808121 (40%)$4,808--
2014-15128 (36%)$5,156128 (36%)$5,1401 (0%)$2,000
2015-16241 (67%)$5,357241 (67%)$5,3452 (1%)$1,500
2016-1798 (31%)$4,28798 (31%)$4,287--
2017-1866 (24%)$4,14466 (24%)$4,144--
2018-1955 (19%)$3,98155 (19%)$3,981--
2019-2075 (22%)$4,36675 (22%)$4,366--
2020-2137 (14%)$3,76737 (14%)$3,767--
2021-2272 (38%)$4,43672 (38%)$4,436--
2022-2337 (17%)$4,52937 (17%)$4,529--
Average93 (30.80%)$4,48393 (30.80%)$4,4802 (1.00%)$1,750

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