How Herzing University-Akron's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Herzing University-Akron since 2013.

For that period, the average number of students who received grants aid/scholarships is 401, which is 93.22 % of all undergraduate students. 389 students which is 90.44% of undergraduate students received federal student loans and the average loan amount is $8,462.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	273 (92%)	$4,382	246 (83%)	$3,857	261 (88%)	$6,495
2014-15	299 (95%)	$4,506	286 (91%)	$3,895	296 (94%)	$8,723
2015-16	409 (96%)	$5,969	380 (89%)	$4,305	396 (93%)	$8,750
2016-17	455 (95%)	$6,517	410 (86%)	$4,346	443 (93%)	$8,995
2017-18	463 (94%)	$7,094	402 (82%)	$4,763	446 (90%)	$8,755
2018-19	431 (95%)	$7,603	390 (86%)	$4,859	413 (91%)	$9,269
2019-20	459 (92%)	$7,518	415 (84%)	$4,824	448 (90%)	$8,973
2020-21	448 (89%)	$6,881	396 (79%)	$4,702	453 (90%)	$8,550
2021-22	374 (91%)	$7,059	322 (79%)	$4,473	348 (85%)	$7,650
Average	401 (93.22%)	$6,392	361 (84.33%)	$4,447	389 (90.44%)	$8,462

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 44 (95.56 % of students) received grants or scholarships and its average amount is $5,870. It can cover 43.74% of tuition & fees ($13,420).

In addition, 43 (92.89 % of students) students get helped from the students loans (average amount : $8,364).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	29 (94%)	$3,449	27 (87%)	$7,564
2014-15	39 (100%)	$3,358	37 (95%)	$6,702
2015-16	51 (98%)	$5,746	48 (92%)	$7,570
2016-17	47 (92%)	$5,948	51 (100%)	$8,480
2017-18	32 (97%)	$6,534	30 (91%)	$8,253
2018-19	37 (100%)	$6,832	37 (100%)	$8,873
2019-20	55 (89%)	$7,466	58 (94%)	$9,465
2020-21	58 (94%)	$6,292	59 (95%)	$9,131
2021-22	47 (96%)	$7,201	40 (82%)	$9,242
Average	44 (95.56%)	$5,870	43 (92.89%)	$8,364

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 42 (91.89 % of students) received Pell (federal) grants and its average amount is $4,237.

In addition, 24 students received State/local government grants/scholarships (50.22 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	26 (84%)	$3,187	-	-	9 (29%)	$590	5 (16%)	$2,369
2014-15	39 (100%)	$3,052	-	-	13 (33%)	$551	2 (5%)	$2,392
2015-16	50 (96%)	$4,191	42 (81%)	$106	34 (65%)	$1,993	14 (27%)	$809
2016-17	47 (92%)	$4,247	38 (75%)	$123	35 (69%)	$2,050	6 (12%)	$587
2017-18	30 (91%)	$4,736	29 (88%)	$256	18 (55%)	$2,370	6 (18%)	$2,822
2018-19	35 (95%)	$4,777	33 (89%)	$736	21 (57%)	$2,393	5 (14%)	$2,207
2019-20	55 (89%)	$4,779	44 (71%)	$415	34 (55%)	$3,027	12 (19%)	$2,216
2020-21	57 (92%)	$4,621	46 (74%)	$373	27 (44%)	$2,553	6 (10%)	$2,580
2021-22	43 (88%)	$4,544	32 (65%)	$603	22 (45%)	$3,253	37 (76%)	$1,410
Average	42 (91.89%)	$4,237	38 (77.57%)	$373	24 (50.22%)	$2,087	10 (21.89%)	$1,932

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 43 (92.89 % of students) get any students loan help and its average loan amount is $43.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	27 (87%)	$7,564	27 (87%)	$7,089	1 (3%)	$12,829
2014-15	37 (95%)	$6,702	37 (95%)	$6,702	-	-
2015-16	48 (92%)	$7,570	48 (92%)	$7,570	-	-
2016-17	51 (100%)	$8,480	51 (100%)	$8,165	1 (2%)	$16,025
2017-18	30 (91%)	$8,253	30 (91%)	$8,253	-	-
2018-19	37 (100%)	$8,873	37 (100%)	$8,514	2 (5%)	$6,642
2019-20	58 (94%)	$9,465	58 (94%)	$7,859	9 (15%)	$10,350
2020-21	59 (95%)	$9,131	59 (95%)	$8,473	5 (8%)	$7,764
2021-22	40 (82%)	$9,242	40 (82%)	$8,287	5 (10%)	$7,641
Average	43 (92.89%)	$8,364	43 (92.89%)	$7,879	4 (7.17%)	$10,209

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Scholarships, Grants, and Loan Trends at Herzing University-Akron

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time