University of Akron Tuition and Financial Aid

September 5, 2021 by Prasanthi Leave a Comment

University of Akron Tuition And Expenses

Cost of Attendance	In-state: $26,086 Out-of-state: $34,617
Tuition and Fees	In-state: $10,270 Out-of-state: $18,801
Room and Board	$12,296
Books and Supplies	$1,000
Other Expenses	$2,520
Payment Plans	Credit card, installment plan

University of Akron Applying For Financial Aid

Financial Aid Office
E-mail	FinAid@UAkron.edu
Web Site	Financial Aid Web Site
Net Price Calculator URL	Net Price Calculator URL

Application Process
Application Deadline	Priority deadline March 1
Award Notification	On a rolling basis beginning March 15
Methodology for Awarding Institutional Aid	Federal Methodology

Forms Required	Cost to File
FAFSA Code is 003123	Free
Institution’s own form

University of Akron Profile Of 2015-16 Financial Aid

Freshmen
Financial Aid Applicants	3,602 (94.7%) of freshmen
Found to Have Financial Need	2,776 (77.1%) of applicants
Received Financial Aid	2,776 (100.0%) of applicants with financial need
Need Fully Met	368 (13.3%) of aid recipients
Average Percent of Need Met	55%
Average Award	$8,658
Need-Based Gift	Received by 1,516 (54.6%) of aid recipients, average amount $5,125
Need-Based Self-Help	Received by 2,010 (72.4%) of aid recipients, average amount $3,159
Merit-Based Gift	Received by 2,540 (91.5%) of aid recipients
Merit-Based Gift	684 (18.0%) of freshmen had no financial need and received merit aid, average amount $5,261

All Undergraduates
Financial Aid Applicants	12,920 (88.6%) of undergraduates
Found to Have Financial Need	10,182 (78.8%) of applicants
Received Financial Aid	10,182 (100.0%) of applicants with financial need
Need Fully Met	1,037 (10.2%) of aid recipients
Average Percent of Need Met	51%
Average Award	$7,517
Need-Based Gift	Received by 5,587 (54.9%) of aid recipients, average amount $5,068
Need-Based Self-Help	Received by 7,456 (73.2%) of aid recipients, average amount $3,886
Merit-Based Gift	Received by 7,307 (71.8%) of aid recipients
Merit-Based Gift	1,969 (13.5%) of undergraduates had no financial need and received merit aid, average amount $4,675

Borrowing
2016 Graduates Who Took Out Loans	70%
Average Indebtedness of 2016 Graduates	$32,372
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid	15.0%
Parents of Students Not Receiving Aid	8.0%

University of Akron Financial Aid Programs

Loans
Federal Loans	Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans, Federal Nursing loans
State Loans
Other Loans	College/university loans

Scholarships and Grants
Need-Based Available	Federal Pell grants, SEOG
Non-Need–Based Available	Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, State scholarships, ROTC scholarships, Leadership scholarships

Non-Need Awards
Academic Interest/Achievement Award Areas	Engineering/Technologies, English, Foreign Languages, Health Fields, Home Economics, Humanities, International Studies, Mathematics, Military Science, Physical Sciences, Premedicine, Social Sciences, Biological Sciences, Business, Communication, Computer Science, Education
Number of Awards	3,973
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas	Applied Art and Design, Art/Fine Arts, Creative Writing, Dance, Debating, Journalism/Publications, Music, Performing Arts, Theater/Drama
Number of Awards	124
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas	Community Service, Leadership, Memberships
Number of Awards	103
Top Areas (By Money Awarded)
Special Characteristics Award Areas	Adult Students, Handicapped Students, International Students, Local/State Students, Members of Minorities, Out-of-State Students
Number of Awards	3,482
Top Areas (By Money Awarded)

Employment
Work-Study Programs	Federal work study available, other work study available
Average Earnings from On-Campus Employment	$2,608

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