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University of Louisville
Cardinal Covenant
For Pell-eligible Kentucky residents with family incomes below 150% of the federal poverty level, the program covers tuition, room & board, and books & supplies with grant aid. Loans and/or work would be required in order to cover estimated transportation and personal expenses.| For Pell-eligible Kentucky residents below 150% of the federal poverty level. . . | 2009-10 Estimated Student Budget | ||||||||
| The college assures enough grant aid to cover these expenses |
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| Loans and/or work would be required in order to cover these costs |
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Total Expenses: $20,242
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Kentucky residents who are Pell-eligible and have family incomes at or below 150% of the poverty line.
Kentucky residents who are Pell-eligible and have family incomes at or below 150% of the poverty line.
How is EFC determined and used?
Pell eligibility is determined through the Federal Methodology; however EFC does not affect the pledge.
Pell eligibility is determined through the Federal Methodology; however EFC does not affect the pledge.
How much academic year work and/or need-based loans are included?
Work-study and loans are not included in the package but may be necessary to fund transportation and personal expenses.
Work-study and loans are not included in the package but may be necessary to fund transportation and personal expenses.
Does the offer account for the full student budget?
No. Loans and/or work would be required to cover transportation and personal expenses.
No. Loans and/or work would be required to cover transportation and personal expenses.
How are outside scholarships handled?
Outside scholarships are applied to the direct cost. Should the total be less than the direct cost, Cardinal Covenant funds are applied to meet the gap.
Outside scholarships are applied to the direct cost. Should the total be less than the direct cost, Cardinal Covenant funds are applied to meet the gap.
Are there other important restrictions?
Students must apply for financial aid by March 15 and eligibility is limited to 5 years.
Students must apply for financial aid by March 15 and eligibility is limited to 5 years.
About the Institution (2007-08):
Location: Louisville, KYType: Public 4-year
Undergraduate enrollment: 17,401
Pell Grant recipients (a measure of low-income enrollment): 21%
Proportion of graduating seniors with student debt: 63%
Average debt: $11,704
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