Last Updated on August 12, 2023 by Oluwajuwon Alvina
Undoubtedly, being ready for school can be both fun and challenging, but there is nothing like seeing your dreams come true. Moving on though, how much do you know about university of vermont tuition? Read on to find out.
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Knowing what a school costs is Step #1 in managing college costs. There’s more to think about than just the tuition—you also have to factor in where you’ll live, what you’ll eat, and more while attending University of Vermont.
The “Cost of Attendance” is the total amount of money the average student has to pay, WITHOUT any financial aid, to attend a particular school. Think of it as a school’s sticker price. It includes not just University of Vermont tuition and fees, but also room, board, textbooks, and personal expenses.
The Cost of Attendance breakdown for University of Vermont differs depending on whether you’re in-state or out-of-state student – in-state students can expect lower costs for tuition and fees.
How Much Financial Aid Do Students at University of Vermont Get?
The Cost of Attendance listed above might be intimidating. The good news is that most students don’t end up paying that full price to attend University of Vermont. Financial aid helps make up the difference between the Cost of Attendance and what families can actually afford.
Here we’ll cover how many students get University of Vermont financial aid, what types of aid they get, and how much.
A Brief Intro to Financial Aid
Aid comes in many forms, including:
- Need-based grants
- Merit-based scholarships
- Student loans
This financial aid comes from a few different places:
- Federal aid comes from the federal government, or is subsidized by the federal government.
- Institutional aid comes from your school itself.
Generally, it’s better for MORE students to receive HIGH amounts of financial aid—this means students pay less for college.
Let’s take a look at how University of Vermont compares to other schools.
Let’s start with the overall numbers. At University of Vermont, we know that:
This is 8% HIGHER than the average for Public schools, which is 86%.
This is good news – more students getting financial aid means students at University of Vermont are likely getting a pretty good deal on their education. It could also mean the school skews toward lower income students.
Next, we’ll look at actual aid amounts and student debt to dig deeper.
Grants and Scholarships
We’re focusing on grants and scholarships first because they’re the most important forms of financial aid. Grants and scholarships are better than loans because students don’t ever have to pay them back. The more grant/scholarship aid students receive at a particular school, the better off those students are in the long run.
At University of Vermont, we know that:
his is 18% HIGHER than the average for Public schools, which is 73%.
Although it’s useful to know how many students get grant aid, it’s also important to know how much grant aid people tend to receive. The bigger the average grant award, the better.
So how much grant money do students at University of Vermont tend to receive?
Average Grant Award: $13467
This is $6198 HIGHER than the average for Public schools, which is $7269.
Altogether, this is great news – at University of Vermont, MORE students get financial aid, and each award size is HIGHER. This means students have to rely less on loans to pay for college and will likely graduate with less debt.