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

Financial Aid and Financial Settlement < University of Louisville? ›

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.

What is the average financial aid for University of Louisville? ›

Financial Aid Statistics for University of Louisville

Additionally, 68% of first-year students received need-based financial aid in fall 2021. Need-based self-help aid includes federal loans and work-study. The average need-based self-help aid awarded to first-year students was $4,896.

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

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.

Does the University of Louisville have reciprocity with Indiana? ›

The University of Louisville is participating in an Indiana Tuition Reciprocity Program for residents of Clark, Crawford, Floyd, Harrison, Perry, Scott, and Washington Counties who have been admitted directly into an approved program.

How much does one class at UofL cost? ›

Undergraduate
Undergraduate TuitionResidentNon-Resident
Full Time Tuition per semester (12 or more credit hours)$6,470.00$14,643.00
Per Credit Hour (Less than 12 credit hours)$540$1,221
Dual Credit / High School VisitorDual CreditHigh School Visitor
Per Credit Hour$95.00$189
1 more row

How much salary is too much for financial aid? ›

What income is too high for FAFSA? There is no income that is too high to file a FAFSA. No matter how much you make, you can always submit a FAFSA. Eligibility for need-based financial aid increases as the cost of attendance increases, so even a wealthy student might qualify for financial aid at a higher-cost college.

What GPA is too low for financial aid? ›

There is no specific minimum GPA for federal student loans, but maintaining SAP, which typically requires a GPA of 2.0 or higher, is necessary to remain eligible. Private lenders may have their own GPA requirements.

Which universities give out the most financial aid? ›

Most Generous Colleges and Universities for Financial Aid
  • Harvard University. ...
  • Northwestern University. ...
  • Colby College. ...
  • Wellesley College. ...
  • Columbia University. ...
  • Stanford University. ...
  • Wesleyan University. Average Grant or Scholarship Aid: $59,830. ...
  • Princeton University. Average Grant or Scholarship Aid: $59,790.
May 9, 2024

How much do most students get for financial aid? ›

Average amounts are about $9,000, with less than half of that in the form of grants. This table shows the maximum and average amounts for various types of federal student aid for undergraduate students for 2020-2021. Average amounts have been rounded to the nearest multiple of $10.

How many students are denied financial aid? ›

Every year, about 120,000 students across California's colleges and universities lose their financial aid because they can't meet these academic requirements, according to a rough estimate from Sarah Pauter, a senior program manager at John Burton Advocates for Youth.

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.

Do 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.

Is the University of Louisville a good school? ›

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.

Does the University of Louisville give merit scholarships? ›

Apart from scholarships, other types of financial aid are available to help support your educational journey at the University of Louisville. Whether you're looking for merit-based, need-based or activity-specific scholarships, explore various options to find the best fit for your financial needs.

What is the annual tuition at Louisville? ›

The university offers 65 bachelor's degrees, has an average graduation rate of 62%, and a student-faculty ratio of 13:1. Tuition and fees for in-state students are $12,174, while tuition and fees for out-of-state students are $28,520.

Financial Aid: Getting Started Guide | UofL ...uoflonline.comhttps://uoflonline.com ›

General eligibility requirements for Federal Student Aid include: Must be admitted to the college and enrolled in a degree-granting program (visiting students a...
Participating students attending the University of Louisville are eligible for full undergraduate Kentucky resident tuition for coursework passed with a "C...
Financial Settlement. Continuing Registration. Tuition and fees are due on, or before, the designated due date for the semester. Payment Due Dates are noted on ...

What is the average amount of financial aid given? ›

Among undergraduates who received any financial aid, the average total amount received was $14,100. The average amount received from grants was $9,300 and the average amount received from student loans directly to students was $7,900. Students in work-study programs were awarded an average of $2,500.

How will I know how much financial aid I will get? ›

The financial aid staff starts by determining your cost of attendance (COA) at that school. They then review your SAI. They subtract your SAI from your COA to determine the amount of your financial need and how much need-based aid you can get.

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