How Alfred'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 Alfred University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,539, which is 88.78 % of all undergraduate students. 1,273 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $7,083.

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	1,092 (56%)	$30,098	770 (39%)	$4,106	1,543 (79%)	$6,964
2014-15	1,888 (98%)	$17,185	721 (38%)	$4,138	1,469 (77%)	$6,869
2015-16	1,804 (100%)	$17,976	711 (39%)	$4,233	1,398 (77%)	$6,843
2016-17	1,703 (94%)	$18,609	681 (38%)	$4,368	1,375 (76%)	$6,997
2017-18	1,550 (91%)	$20,509	688 (40%)	$4,421	1,265 (74%)	$6,751
2018-19	1,518 (91%)	$21,832	696 (42%)	$4,587	1,205 (72%)	$6,244
2019-20	1,515 (88%)	$22,306	725 (42%)	$4,747	1,187 (69%)	$6,187
2020-21	1,415 (89%)	$23,679	627 (39%)	$4,601	1,018 (64%)	$6,208
2021-22	1,367 (92%)	$26,239	552 (37%)	$4,657	1,001 (67%)	$10,687
Average	1,539 (88.78%)	$22,048	686 (39.33%)	$4,429	1,273 (72.78%)	$7,083

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

Overview

For the last 10 years, on average, 438 (99.56 % of students) received grants or scholarships and its average amount is $22,435. It can cover 56.75% of tuition & fees ($39,530).

In addition, 363 (82.11 % of students) students get helped from the students loans (average amount : $7,872).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	535 (100%)	$19,463	451 (84%)	$8,225
2014-15	489 (100%)	$19,806	454 (93%)	$7,414
2015-16	452 (100%)	$19,309	382 (85%)	$8,178
2016-17	417 (100%)	$20,676	352 (84%)	$8,299
2017-18	417 (100%)	$22,431	353 (84%)	$8,330
2018-19	436 (100%)	$23,160	364 (83%)	$8,032
2019-20	454 (99%)	$24,135	371 (81%)	$7,314
2020-21	352 (98%)	$26,764	272 (76%)	$7,233
2021-22	390 (99%)	$26,172	271 (69%)	$7,819
Average	438 (99.56%)	$22,435	363 (82.11%)	$7,872

^*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, 198 (45.11 % of students) received Pell (federal) grants and its average amount is $4,480.

In addition, 220 students received State/local government grants/scholarships (49.78 % 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	224 (42%)	$4,256	228 (43%)	$1,090	272 (51%)	$3,066	535 (100%)	$15,658
2014-15	177 (36%)	$4,641	173 (35%)	$800	257 (53%)	$3,043	489 (100%)	$16,243
2015-16	196 (43%)	$4,302	196 (43%)	$754	242 (54%)	$3,192	452 (100%)	$15,407
2016-17	189 (45%)	$4,344	192 (46%)	$753	227 (54%)	$3,849	417 (100%)	$16,266
2017-18	208 (50%)	$4,571	204 (49%)	$763	218 (52%)	$3,263	417 (100%)	$18,071
2018-19	225 (51%)	$4,482	219 (50%)	$733	220 (50%)	$3,687	436 (100%)	$18,618
2019-20	235 (51%)	$4,746	231 (50%)	$774	220 (48%)	$3,647	453 (99%)	$19,560
2020-21	174 (48%)	$4,608	167 (47%)	$740	167 (47%)	$3,051	352 (98%)	$22,688
2021-22	156 (40%)	$4,368	152 (39%)	$696	153 (39%)	$3,447	390 (99%)	$22,802
Average	198 (45.11%)	$4,480	196 (44.67%)	$789	220 (49.78%)	$3,361	438 (99.56%)	$18,368

^*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, 363 (82.11 % of students) get any students loan help and its average loan amount is $363.

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	451 (84%)	$8,225	447 (84%)	$6,439	297 (56%)	$2,799
2014-15	454 (93%)	$7,414	398 (81%)	$6,552	254 (52%)	$2,985
2015-16	382 (85%)	$8,178	375 (83%)	$5,823	256 (57%)	$3,674
2016-17	352 (84%)	$8,299	350 (84%)	$6,202	223 (53%)	$3,366
2017-18	353 (84%)	$8,330	350 (84%)	$5,874	269 (64%)	$3,288
2018-19	364 (83%)	$8,032	357 (82%)	$5,172	274 (63%)	$3,932
2019-20	371 (81%)	$7,314	367 (80%)	$5,072	255 (56%)	$3,342
2020-21	272 (76%)	$7,233	266 (74%)	$5,297	123 (34%)	$4,541
2021-22	271 (69%)	$7,819	262 (67%)	$4,806	152 (39%)	$5,656
Average	363 (82.11%)	$7,872	352 (79.89%)	$5,693	234 (52.67%)	$3,731

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Scholarships, Grants, and Loan Trends at Alfred

All Undergraduate Students Financial Aid Over Time

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