22,976 students (69% of total 33,435 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at The University of Alabama. The average amount of the aid awarded is $15,925.
For the first-time, full-time beginning students (freshmen), 88% of total 8,215 enrolled students have received any kind of financial aid and its average amount of aid received is $17,503.
At The University of Alabama, 22,976 undergraduate students (69% of total 33,435 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $15,925.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 22,976 | 69% | $365,882,652 | $15,925 |
| Pell Grants | 6,151 | 18% | $34,704,209 | $5,642 |
| Federal Student Loan | 10,829 | 32% | $68,195,484 | $6,297 |
7,252 beginning undergraduate students (88% of total 8,215 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at The University of Alabama. The average amount of aid received is $17,503.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 7,252 | 88% | - | - |
| Grants or Scholarships | 6,566 | 80% | $114,927,794 | $17,503 |
| Federal Grants | 1,665 | 20% | $9,968,195 | $5,987 |
| Pell Grants | 1,661 | 20% | $9,625,783 | $5,795 |
| Other Federal Grants | 206 | 3% | $342,412 | $1,662 |
| State/Local Grants | 248 | 3% | $212,089 | $855 |
| Institutional Grants | 6,222 | 76% | $104,747,510 | $16,835 |
| Student Loan Aid | 3,039 | 37% | $35,036,659 | $11,529 |
| Federal Student Loans | 2,841 | 35% | $15,015,450 | $5,285 |
| Other Student Loans | 729 | 9% | $20,021,209 | $27,464 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at The University of Alabama.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 1,585 | 1,414 | $15,650,676 | $9,874 |
| 0-30,000 | 491 | 491 | $6,595,333 | $13,432 |
| 30,001-48,000 | 259 | 256 | $3,132,975 | $12,096 |
| 48,001-75,000 | 232 | 210 | $2,080,536 | $8,968 |
| 75,001-110,000 | 192 | 152 | $1,272,498 | $6,628 |
| 110,001 or more | 411 | 305 | $2,569,334 | $6,251 |
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