University of New Orleans Financial Aid?

Financial aid is a big deal for me and my family. I was wondering how generous the University of New Orleans is when it comes to financial aid packages for incoming students. Anyone have any experience with this?

The University of New Orleans (UNO) is known to offer a variety of financial aid options for its students, including scholarships, grants, loans, and work-study opportunities. The generosity of aid packages varies depending on a student's financial situation and academic performance. Here's a breakdown of the financial aid options you can expect at UNO:

1. Scholarships: UNO provides both merit-based and need-based scholarships. There are competitive institutional scholarships for high-achieving incoming freshmen based on their GPA and/or standardized test scores. Additionally, there are departmental scholarships for students majoring in specific fields. Make sure to explore these opportunities and pay attention to the deadlines.

2. Grants: These are forms of financial aid that typically don't need to be repaid. They are generally determined based on financial need. At UNO, you may be eligible for federal grants such as the Pell Grant or the Supplemental Educational Opportunity Grant (SEOG), as well as state grants like the Louisiana State TOPS Scholarship.

3. Loans: Federal student loans may be offered as part of your financial aid package. There are different loan types such as subsidized (interest is paid by the government while you're in school) and unsubsidized (interest accrues from disbursement). It's essential to understand the terms and repayment options before accepting any loan offers.

4. Work-Study: UNO participates in the Federal Work-Study program, which provides part-time employment opportunities for eligible students to help cover their educational expenses.

To receive a financial aid package, you must first submit the Free Application for Federal Student Aid (FAFSA) to determine your eligibility for grants, loans, and work-study opportunities. UNO's financial aid office will then prepare a customized aid package for you based on your financial need and academic qualifications.

While some students report receiving generous financial aid packages, it's important to remember that every student's situation is unique. Make sure to apply for the FAFSA and any relevant scholarships to have the best chances of securing a suitable financial aid package at UNO.