Student Loans for University of Alabama
About University of Alabama
The University of Alabama, located in Tuscaloosa, Alabama, is the flagship school of the University of Alabama system, and is home to about 25,000 college-age southern belles, southern gentlemen, football fanatics, and just about any other sort of student you could imagine. Founded in 1831, Bama is one of the older schools in the country, and over its years it has seen the city of Tuscaloosa grow around its 1,000-acre campus. Tuscaloosa is, by all accounts, a pretty awesome college town: it was voted the Most Livable City in America in 2011 by the U.S. Conference of Mayors, and also one of the 100 Best Communities for Young People in America, which certainly includes the college. If we were only going to mention one thing about Bama, though, it’d be football: the Crimson Tide has 22 SEC championships under their belt, as well as 33 bowl wins (that’s an NCAA record, by the way).
If you’re receiving University of Alabama financial aid, first of all, be thankful you are, as the program isn’t so strong, and second of all, be incredibly cautious with your money. It’s easy to spend money around campus or at a variety of places in Tuscaloosa, but you should really try to keep that in check. Buying student tickets for football games is totally worth it, though they’re pretty expensive. The bottom line of what we’re saying, though, is just be smart with the money you have, as it isn’t bottomless.
Applying for University Financial Aid
The University of Alabama financial aid office requires the Free Application for Federal Student Aid (FAFSA) from students who wish to receive Alabama financial aid, and really nothing else. Filling out the form can be tricky, so check out our guides to demystify things; if you’re still lost, it wouldn’t hurt to ask the Alabama financial aid office with any questions you might have. Once you file the FAFSA and any other paperwork the university requires, you’re all set: your financial aid package will come with your next tuition bill.
University of Alabama Student Loan Options
As with any financial aid package, the packages Bama students receive will be based around grants, work-study programs, scholarships, and student loans. For many students, all that is plenty, and the package makes aid affordable. For some, federal student loans are a necessity, and for still more, private student loans are needed to cover the cost of attending the University of Alabama. If you are one of these students, be sure that you exhaust each and every form of aid available to you before turning to private student loans. If private student loans still seem like a good option, then check out our student loan comparison tool to search, compare, and apply for the best student loan for you.
If you want to apply for scholarships at the University of Alabama you should fill out the Free Application for Federal Student Aid (FAFSA) form and submit it through mail or online. The information in this form will allow the university to determine whether you are eligible for aid or not.
Pay for University of Alabama*
|Total Avg. Cost||$21,565|
|Room & Board||$10,940|
|Financial Aid Information|
|Students Receiving Fin Aid||66%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$5,534|
|%Receiving Other Loans||34%|
Get into University of Alabama
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics