[Last update: December 11, 2025]

8,121 students (71% of total 11,454 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Toledo (Toledo). The average amount of the aid awarded is $8,915.

For the first-time, full-time beginning students (freshmen), 92% of total 2,068 enrolled students have received any kind of financial aid and its average amount of aid received is $9,201.


All Undergraduate Financial Aid

At University of Toledo, 8,121 undergraduate students (71% of total 11,454 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,915.

Financial Aid Statistics (All Undergraduate Students) - Toledo
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship8,12171% $72,397,706$8,915
Pell Grants3,14527% $18,857,048$5,996
Federal Student Loan4,16036% $26,679,756$6,413

Beginning Undergraduate Students (Freshmen) Financial Aid

1,908 beginning undergraduate students (92% of total 2,068 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Toledo. The average amount of aid received is $9,201.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Toledo
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,90892% --
Grants or Scholarships1,78486%$16,415,259$9,201
Federal Grants71735%$4,456,054$6,215
Pell Grants71735%$4,210,735$5,873
Other Federal Grants24612%$245,319$997
State/Local Grants55227%$1,985,907$3,598
Institutional Grants1,61178%$9,973,298$6,191
Student Loan Aid92845%$6,687,179$7,206
Federal Student Loans91044%$4,826,995$5,304
Other Student Loans1346%$1,860,184$13,882

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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 Toledo.

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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,1171,049$9,751,543$8,730
0-30,000232232$3,114,986$13,427
30,001-48,000206206$2,557,683$12,416
48,001-75,000177175$1,528,757$8,637
75,001-110,000172159$1,033,292$6,008
110,001 or more330277$1,516,825$4,596

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