Financial Aid and Financial Settlement < University of Louisville (2024)

On This Page

  • Office of Student Financial Aid
  • Continuing Registration
  • Regular Registration
  • Senior Citizen Tuition Remission
  • Financial Penalties
  • Withdrawal Policy
  • Financial Aid Recipients
  • Financial Settlement Options

Office of Student Financial Aid

The Office of Student Financial Aid serves prospective students, current students, and their parents with financial aid questions and needs.

Website: louisville.edu/financialaid
Email: finaid@louisville.edu
Call center: (502) 852-5511
Campus location: 110 Houchens Building, Belknap Campus

Website

On the Student Financial Aid website, visitors can access the following:

  • Term-specific information on aid disbursem*nt, residual funds, and financial aid advances;
  • Financial aid news and upcoming important dates;
  • Aid application and processing instructions;
  • Award sources and types;
  • UofL and outside scholarship postings;
  • Consumer information.

Email Service Account

Send your email questions to finaid@louisville.edu. For specific account information, current students must email the office from their UofL account.

Call Center

Contact the call center at (502) 852-5511 from 9:00 a.m. to 4:00 p.m. Monday through Friday. On Thursdays, the call center opens at 11:00 a.m.

This service is intended to assist prospective students, current students, and parents with their general financial aid questions. We ensure students' privacy by not disclosing account-specific information. Current students should have their student ID number ready when calling.

Office Hours

The Student Financial Aid Office provides walk-in counseling to both current and prospective students Monday, Tuesday, Wednesday, and Friday from 9:00 a.m. to 4:30 p.m.

On Thursdays, the office and call center are open from 11:00 a.m to 4:30 p.m.

Check the Student Financial Aid Office website for special hours during the August and January class registration periods.

Continuing Registration

Tuition and fees are due on, or before, the designated due date for the semester. Payment may be made by cash, check, money order, charge card (MasterCard, Visa or Discover), or financial aid credit. Payments may be made by mail or at the Office of the Bursar located at 110 Houchens Building on Belknap Campus.

Failure to receive a Statement of Account will not relieve the student of the responsibility for making financial settlement by the designated due date. Continuing registrations which are not financially settled by the designated due date may have their course registration cancelled and/or be assessed financial penalties. The Continuing Registration designated due dates are listed in the current Schedule of Courses and on the Bursar's web site at: ulink.louisville.edu (Tuition-Fees-Payment Options, Payment Options). Students may view their account via ULink. Financial statements are no longer sent to students via mail. All account information may be found on the students ULink.

Regular Registration

Students who register after Continuing Registration should be prepared to fully settle financial obligations by the last day to drop/add for the semester. Failure to fully settle financial obligations may result in course cancellation and/or financial penalties.

Senior Citizen Tuition Remission

The University offers tuition remission to individuals who are classified as residents of Kentucky and are at least 65 years of age on, or before, the first day of classes for the semester. Special costs, such as course fees and parking, are not covered by this program and are the financial responsibility of the student. Proof of age may be shown by presenting a driver's license or other age verification document at the Office of the Bursar.

These individuals must secure permission of the Graduate School in order to enroll in graduate-level courses. Normal admission processes must be followed in order to gain admission to a degree program. Students enrolled as Continuing Studies students are not eligible to enroll in graduate level courses.

Financial Penalties

Students whose accounts are not paid by the established semester deadlines may be subject to financial penalties. Students with unpaid account balances will have a Bursar Registration Hold placed on their student account. Students that have a Bursar Registration Hold become ineligible for further registration and transcripts will not be released until the student account is paid in full. Effective Spring 2015 a late payment fee of $100.00 may be assessed when student accounts are not paid by the last day to drop/add for the semester. A return payment fee of $25.00 may be assessed when payment is not honored by the bank on which it was drawn. If restitution is not made within 10 days of notification, the student may be subject to financial penalties and/or legal action.

Debtors who do not make satisfactory payment arrangements on their past due accounts may have their accounts placed with a billing service. If not paid through the billing service, the unpaid account may be forwarded to a collection agency. It is the policy of the University that unpaid accounts will be assessed the costs and expenses of collection, including attorney fees. Any E-check or Paper Check payment that is remitted on a Past Due by a previously enrolled student will be subject to a 21-day delay in lifting the related Bursar Registration Hold.

Withdrawal Policy

The effective withdrawal date is the date on which the withdrawal is processed in the Student Records System. This date is used in calculating any applicable tuition reduction.

Financial Aid Recipients

Determinations regarding refunds of resulting credit balances will be based on regulations governing the financial aid awarded to the student.

Federal regulations mandate that students have the right to cancel all or a portion of an EFT loan disbursem*nt and have the loan proceeds returned to the lender. To request cancellation of all or a portion of your loan, contact the Financial Aid Office in writing:

Financial Aid Office
University of Louisville
Louisville, KY 40292

For additional information contact Student Financial Aid Office or review our Consumer Information online at: louisville.edu/financialaid

Financial Settlement Options

Due dates, payment information, payment plan options, and payment plan forms for specific semesters is updated regularly on the Bursar's web site at: ulink.louisville.edu

Tuition-Fees-Payment Options: Any questions may be directed to the Bursar's Office 1) by phone at (502) 852-6503 or 2) by email atbursar@louisville.edu.

Financial Aid and Financial Settlement < University of Louisville (2024)

FAQs

Which university is the most generous with financial aid? ›

The 50 colleges that offer the most student aid
RankCollegeAnnual tuition and fees
1Columbia University$55,056
2Yale University$49,480
3Williams College$51,790
4Amherst College$52,476
16 more rows

What is the amount of average financial aid package awarded at University of Kentucky? ›

Financial Aid Statistics for University of Kentucky

The average need-based scholarship or grant awarded to first-year students at University of Kentucky was $9,027. Additionally, 56% of first-year students received need-based financial aid in fall 2021.

How much does Louisville cost after aid? ›

The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost, which come in on average at $20,713 for in-state students and $38,409 for out-of-state students receiving need-based aid.

Does the University of Louisville have reciprocity with Indiana? ›

Indiana Tuition Reciprocity

The Reciprocity would afford students that reside in these counties to be eligible for the Kentucky In State Residency Tuition Rate. Students pursuing degrees from the Professional Schools (Law, Medical & Dental) are not eligible.

What is the highest financial aid you can get? ›

Federal financial aid limits
Maximum amount (2023-24)
Pell Grant$7,395 per year
Federal Supplemental Educational Opportunity Grant (FSEOG)$4,000 per year
Teacher Education Assistance for College and Higher Education (TEACH) Grant$3,772 per year
Iraq and Afghanistan Service Grant$6,973.49 per year
4 more rows
Apr 8, 2024

Why do private colleges give more financial aid? ›

Both public and private colleges provide federal financial aid to students. Private institutions, however, often have more money available to award grants and scholarships due to their large endowment funds. In addition, they frequently offer more sizable tuition discounts than public schools.

What percentage of students receive financial aid at Kentucky university? ›

For the fall 2022 semester, 91 percent of undergraduate, resident full-time students at UK received financial aid – grants or scholarships that did not have to be repaid.

What are three eligibility requirements for a KEES award? ›

Earn at least a 2.5 GPA in any year of high school while meeting the KEES curriculum requirements. Attend and graduate from a certified Kentucky high school or other approved high school. Not be a convicted felon.

Is the University of Kentucky hard to get into? ›

The University of Kentucky is a large public university located on an urban campus in Lexington, Kentucky. It has a total undergraduate enrollment of 21,900, and admissions are selective, with an acceptance rate of 94%.

What is the University of Louisville known for? ›

We're one of the fastest-growing research institutions in the nation. Our faculty conducted the world's first successful implantation of an artificial heart and the nation's first successful hand transplant.

Is the University of Louisville a good school? ›

University of Louisville Rankings

University of Louisville is ranked #195 out of 439 National Universities. Schools are ranked according to their performance across a set of widely accepted indicators of excellence.

What GPA is required for the University of Louisville? ›

This makes University of Louisville Strongly Competitive for GPAs. (Most schools use a weighted GPA out of 4.0, though some report an unweighted GPA. With a GPA of 3.64, University of Louisville requires you to be above average in your high school class. You'll need a mix of A's and B's, with a leaning toward A's.

How much is U of L per semester? ›

Graduate
Graduate TuitionResidentNon-Resident
Full Time Tuition per semester (9 or more credit hours)$7,111.00$14,453.00
Per Credit Hour (Less than 9 credit hours)$791$1,606
Doctoral/Master Candidacy (Resident/Non-Resident) $1,582.00 per semester
Graduate Teacher Education Courses*ResidentNon-Resident
16 more rows

Can Kentucky residents get in-state tuition in Indiana? ›

If you live in Jefferson, Oldham, Bullitt, Trimble, Meade, Shelby, Spencer, or Henry counties, you automatically qualify for in-state tuition. In addition, incoming first-year students receiving the KEES scholarship will have those dollars matched by IU Southeast scholarship money.

How selective is University of Louisville? ›

University of Louisville has an acceptance rate of 80%. Half the applicants admitted to University of Louisville who submitted test scores have an SAT score between 1070 and 1270 or an ACT score of 19 and 27.

What university has the most funding? ›

Harvard University, with a $50.7 billion endowment as of 2024, is the wealthiest university in the world. The National Association of College and University Business Officers (NACUBO) maintains information on endowments at U.S. higher education institutions by fiscal year (FY).

What college gets the most donations? ›

In 2018, Johns Hopkins University received what is believed to be the largest donation to a college: $1.8 billion. Historically Black college and university (HBCU) Spelman College received the largest donation in HBCU history of $100 million for its 100th naming anniversary.

What colleges give the most merit aid? ›

Top 30 Colleges That Award the Largest Merit Scholarships
Name% Freshmen w/out Need Receiving Merit Aid (2022-23)Avg Merit Aid for Freshmen w/out Need (2022-23)
Washington & Jefferson College100%$34,857
Georgetown College63%$34,280
The College of Wooster98%$33,902
Washington College100%$33,834
26 more rows
May 23, 2024

What is the most generous scholarship? ›

Most Generous College Scholarships for 2024
Name of ScholarshipMaximum AwardDeadline Month
NIH Undergraduate Scholarship Program$80,000March
Davidson Fellows Scholarships$50,000February
Elks Most Valuable Student Competition$50,000December
National Merit Scholarship Corporation (NMSC)Full Tuition
7 more rows

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