Financial Aid at Faulkner
Financial Aid Amount Received
$8,858 (38.53% of tuition & fees)
Percent of Financial Aid Received
73% of 2,428 students
All Undergraduate Students Financial Aid
1,946 undergraduate students (73% of all students) have received grants, scholarships, and/or federal student loans at Faulkner University. The percentage of students who received financial aid higher compared to Private (not-for-profit), 4-Years Colleges in Alabama.
Compare to similar schools in rankings such as Amridge University and Tuskegee University, the percentage of students who received financial aid is average (the average of the schools is 75.00%).
The average amount of grants of scholarship aid is $8,858 and the average loan amount is $7,571. The average financial aid amount is 38.53% of tuition & fees (tuition & fees: $22,990).
Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,946 | 73% | $17,237,254 | $8,858 |
| Pell Grants | 1,306 | 49% | $6,016,505 | $4,607 |
| Federal Students Loans | 1,600 | 60% | $12,113,803 | $7,571 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 309 students have received one or more types of financial aid at Faulkner University.
The average amount of federal, state, local or institutional grant aid is $12,594 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,946.
The following table shows the financial data by type of aid at Faulkner University.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 313 | 99% | - | - |
| Grant or scholarship aid | 309 | 98% | $3,891,676 | $12,594 |
| Federal Grants | 174 | 55% | $918,462 | $5,279 |
| Pell Grants | 173 | 55% | $792,612 | $4,582 |
| Other Federal Grants | 160 | 51% | $125,850 | $787 |
| State/Local Grants | 203 | 64% | $184,496 | $909 |
| Institutional Grants | 297 | 94% | $2,788,718 | $9,390 |
| Student Loans | 237 | 75% | $1,409,132 | $5,946 |
| Federal Student Loans | 236 | 75% | $1,310,009 | $5,551 |
| Other Student Loans | 10 | 3% | $99,123 | $9,912 |