Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $10,491 and the average loan amount is $6,387. The average financial aid amount is 69.77% of tuition & fees (tuition & fees: $15,036).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid704 76%$7,385,537$10,491
Pell Grants366 40%$1,930,308$5,274
Federal Students Loans455 49%$2,906,204$6,387

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), 153 students have received one or more types of financial aid at Life University.
The average amount of federal, state, local or institutional grant aid is $11,923 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,284.
The following table shows the financial data by type of aid at Life University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid15692%--
Grant or scholarship aid153 90%$1,824,217$11,923
Federal Grants75 44%$417,104$5,561
Pell Grants75 44%$390,953$5,213
Other Federal Grants9 5%$26,151$2,906
State/Local Grants44 26%$122,094$2,775
Institutional Grants132 78%$1,285,019$9,735
Student Loans85 50%$619,104$7,284
Federal Student Loans85 50%$489,450$5,758
Other Student Loans6 4%$129,654$21,609