Scholarships, Grants, and Loan Trends at The University of Alabama

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 18,617, which is 59.91 % of all undergraduate students. 11,947 students which is 38.64% of undergraduate students received federal student loans and the average loan amount is $6,674.
For full-time, first-time beginning students (freshmen), 67.27% of students received grants or scholarships and 42% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at The University of Alabama since 2011.
For that period, the average number of students who received grants aid/scholarships is 18,617, which is 59.91 % of all undergraduate students. 11,947 students which is 38.64% of undergraduate students received federal student loans and the average loan amount is $6,674.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1214,561 (56%)$9,2695,896 (22%)$4,04911,100 (42%)$7,074
2012-1315,226 (54%)$9,6635,905 (21%)$4,01111,626 (41%)$7,051
2013-1416,184 (55%)$10,7366,006 (20%)$4,08611,806 (40%)$6,956
2014-1517,414 (57%)$11,8786,178 (20%)$4,11912,483 (41%)$6,805
2015-1618,516 (58%)$12,7536,192 (19%)$4,17212,805 (40%)$6,730
2016-1718,464 (57%)$14,0325,846 (18%)$4,21812,597 (39%)$6,718
2017-1819,382 (58%)$14,9685,982 (18%)$4,54212,823 (39%)$6,653
2018-1919,415 (59%)$15,1605,851 (18%)$4,59012,556 (38%)$6,408
2019-2021,969 (67%)$13,7885,634 (17%)$4,67811,950 (36%)$6,416
2020-2120,604 (65%)$15,0325,421 (17%)$4,79610,940 (35%)$6,364
2021-2223,048 (73%)$14,4215,664 (18%)$4,92210,736 (34%)$6,237
Average18,617 (59.91%)$12,8825,870 (18.91%)$4,38011,947 (38.64%)$6,674

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 4,587 (67.27 % of students) received grants or scholarships and its average amount is $14,467. It can cover 43.57% of tuition & fees ($33,200) based on out-of-state rate.
In addition, 2,830 (41.82 % of students) students get helped from the students loans (average amount : $9,757).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-123,501 (61%)$10,8462,483 (44%)$7,945
2012-133,749 (59%)$11,7822,654 (42%)$9,386
2013-143,968 (62%)$12,6912,585 (40%)$9,206
2014-154,381 (64%)$14,2372,961 (44%)$9,048
2015-164,628 (64%)$14,8833,127 (44%)$9,706
2016-174,858 (65%)$16,4943,184 (42%)$10,219
2017-184,791 (65%)$16,6933,157 (43%)$9,657
2018-194,273 (64%)$15,0602,771 (42%)$10,557
2019-205,251 (78%)$14,4002,784 (41%)$10,714
2020-214,899 (76%)$16,3632,521 (39%)$10,195
2021-226,155 (82%)$15,6832,906 (39%)$10,694
Average4,587 (67.27%)$14,4672,830 (41.82%)$9,757
*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 12 years, on average, 1,216 (18.09 % of students) received Pell (federal) grants and its average amount is $4,551.
In addition, 154 students received State/local government grants/scholarships (2.55 % 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
2011-121,134 (20%)$4,224282 (5%)$5,614393 (7%)$4,8392,814 (49%)$10,553
2012-131,128 (18%)$4,159131 (2%)$1,564106 (2%)$8463,195 (50%)$12,265
2013-141,147 (18%)$4,210167 (3%)$2,08941 (1%)$6833,392 (53%)$13,311
2014-151,257 (19%)$4,308204 (3%)$1,58854 (1%)$7023,769 (55%)$15,016
2015-161,277 (18%)$4,380272 (4%)$1,34581 (1%)$6684,046 (56%)$15,538
2016-171,276 (17%)$4,472320 (4%)$1,65675 (1%)$6144,258 (57%)$17,343
2017-181,217 (17%)$4,611300 (4%)$1,76944 (1%)$6604,226 (57%)$17,464
2018-191,145 (17%)$4,762382 (6%)$1,657183 (3%)$6793,709 (56%)$15,676
2019-201,158 (17%)$4,8632,555 (38%)$1,120199 (3%)$6724,354 (65%)$15,385
2020-211,197 (19%)$4,9291,156 (18%)$1,856251 (4%)$9274,578 (71%)$15,703
2021-221,445 (19%)$5,1453,086 (41%)$1,766264 (4%)$9325,383 (71%)$15,493
Average1,216 (18.09%)$4,551805 (11.64%)$2,002154 (2.55%)$1,1113,975 (58.18%)$14,886
*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 12 years, on average, 2,830 (41.82 % of students) get any students loan help and its average loan amount is $2,830.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-122,483 (44%)$7,9452,446 (43%)$5,799325 (6%)$17,059
2012-132,654 (42%)$9,3862,588 (41%)$5,904508 (8%)$18,960
2013-142,585 (40%)$9,2062,499 (39%)$5,769451 (7%)$20,799
2014-152,961 (44%)$9,0482,890 (43%)$5,636530 (8%)$19,818
2015-163,127 (44%)$9,7063,032 (42%)$5,542647 (9%)$20,940
2016-173,184 (42%)$10,2193,038 (40%)$5,595686 (9%)$22,653
2017-183,157 (43%)$9,6573,047 (41%)$5,444628 (9%)$22,128
2018-192,771 (42%)$10,5572,626 (40%)$5,298626 (9%)$24,503
2019-202,784 (41%)$10,7142,625 (39%)$5,321657 (10%)$24,139
2020-212,521 (39%)$10,1952,376 (37%)$5,221563 (9%)$23,617
2021-222,906 (39%)$10,6942,698 (36%)$5,192670 (9%)$25,477
Average2,830 (41.82%)$9,7572,715 (40.09%)$5,520572 (8.45%)$21,827
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