Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $11,491 and the average loan amount is $9,130. The average financial aid amount is 76.42% of tuition & fees (tuition & fees: $15,036).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid730 80%$8,388,421$11,491
Pell Grants359 39%$2,016,905$5,618
Federal Students Loans449 49%$4,099,281$9,130

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), 146 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 $10,926 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,062.
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 Aid15394%--
Grant or scholarship aid146 90%$1,595,170$10,926
Federal Grants76 47%$465,410$6,124
Pell Grants76 47%$445,127$5,857
Other Federal Grants7 4%$20,283$2,898
State/Local Grants52 32%$118,380$2,277
Institutional Grants112 69%$1,011,380$9,030
Student Loans92 56%$649,689$7,062
Federal Student Loans90 55%$544,785$6,053
Other Student Loans8 5%$104,904$13,113