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University of Virginia
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For students with family incomes below 200% of the poverty level, after the family covers any EFC, the program covers the remaining student budget with work-study and grant aid.| For students with family income below 200% of the poverty level. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the college assures enough grant aid to cover these expenses |
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Total Expenses: $21,490
For all other students, after the family has covered any EFC and has need-based loans totaling $23,000 over four years, the program covers the remaining student budget with work-study and grant aid.
| For all other students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family has covered any EFC and has need-based loans totaling $23,000 over four years, the college assures enough work-study and grant aid to cover these expenses |
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Total Expenses: $21,490
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
For students below 200% of the poverty level, financial need is covered by grants. For all other students, cumulative need-based loans will be capped at $21,000 over four years.
For students below 200% of the poverty level, financial need is covered by grants. For all other students, cumulative need-based loans will be capped at $21,000 over four years.
How much academic year work and/or need-based loans are included?
For students below 200% of the poverty level, need is covered with grants. For other students, need-based loans are capped at a maximum of $23,000 over four years.
For students below 200% of the poverty level, need is covered with grants. For other students, need-based loans are capped at a maximum of $23,000 over four years.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce need-based loans, work-study, and then grant aid.
Outside scholarships reduce need-based loans, work-study, and then grant aid.
Are there other important restrictions?
The offer is limited to 8 semesters.
The offer is limited to 8 semesters.
About the Institution (2007-08):
Location: Charlottesville, VAType: Public 4-year
Undergraduate enrollment: 18,402
Pell Grant recipients (a measure of low-income enrollment): 8%
Proportion of graduating seniors with student debt: 33%
Average debt: $19,016
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