1,929 students (76% of total 2,545 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Montevallo (UMO). The average amount of the aid awarded is $13,504.
For the first-time, full-time beginning students (freshmen), 99% of total 499 enrolled students have received any kind of financial aid and its average amount of aid received is $12,823.
At University of Montevallo, 1,929 undergraduate students (76% of total 2,545 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $13,504.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,929 | 76% | $26,049,949 | $13,504 |
| Pell Grants | 824 | 32% | $5,035,486 | $6,111 |
| Federal Student Loan | 1,055 | 41% | $6,835,081 | $6,479 |
495 beginning undergraduate students (99% of total 499 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Montevallo. The average amount of aid received is $12,823.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 495 | 99% | - | - |
| Grants or Scholarships | 493 | 99% | $6,321,899 | $12,823 |
| Federal Grants | 202 | 40% | $1,284,573 | $6,359 |
| Pell Grants | 201 | 40% | $1,244,743 | $6,193 |
| Other Federal Grants | 55 | 11% | $39,830 | $724 |
| State/Local Grants | 34 | 7% | $54,627 | $1,607 |
| Institutional Grants | 487 | 98% | $4,982,699 | $10,231 |
| Student Loan Aid | 272 | 55% | $1,806,006 | $6,640 |
| Federal Student Loans | 267 | 54% | $1,386,012 | $5,191 |
| Other Student Loans | 36 | 7% | $419,994 | $11,667 |
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 University of Montevallo.
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 | 316 | 312 | $2,900,832 | $9,180 |
| 0-30,000 | 100 | 100 | $1,242,682 | $12,427 |
| 30,001-48,000 | 52 | 52 | $602,739 | $11,591 |
| 48,001-75,000 | 46 | 46 | $359,662 | $7,819 |
| 75,001-110,000 | 53 | 52 | $324,967 | $6,131 |
| 110,001 or more | 65 | 62 | $370,782 | $5,704 |
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