How AQ'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 Aquinas College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,414, which is 91.30 % of all undergraduate students. 834 students which is 52.80% of undergraduate students received federal student loans and the average loan amount is $6,352.

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	1,765 (95%)	$15,357	609 (33%)	$3,975	1,226 (66%)	$6,743
2014-15	1,667 (93%)	$16,534	582 (33%)	$4,161	1,150 (64%)	$6,804
2015-16	1,631 (91%)	$17,271	552 (31%)	$4,085	1,052 (59%)	$6,520
2016-17	1,490 (90%)	$18,555	497 (30%)	$4,149	945 (57%)	$6,403
2017-18	1,394 (90%)	$20,301	487 (31%)	$4,687	837 (54%)	$6,465
2018-19	1,394 (88%)	$20,794	432 (27%)	$4,572	812 (51%)	$6,183
2019-20	1,316 (90%)	$22,099	389 (27%)	$4,728	704 (48%)	$6,301
2020-21	1,244 (91%)	$23,360	366 (27%)	$4,598	597 (44%)	$6,088
2021-22	1,130 (91%)	$24,813	297 (24%)	$4,899	516 (42%)	$6,128
2022-23	1,104 (94%)	$26,712	269 (23%)	$5,257	500 (43%)	$5,889
Average	1,414 (91.30%)	$20,580	448 (28.60%)	$4,511	834 (52.80%)	$6,352

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

Overview

For the last 11 years, on average, 311 (100.00 % of students) received grants or scholarships and its average amount is $23,996. It can cover 62.30% of tuition & fees ($38,520).

In addition, 193 (60.90 % of students) students get helped from the students loans (average amount : $7,228).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	390 (100%)	$18,549	286 (73%)	$7,197
2014-15	352 (100%)	$20,032	244 (69%)	$6,949
2015-16	368 (100%)	$20,768	244 (66%)	$7,001
2016-17	296 (100%)	$22,198	185 (63%)	$7,219
2017-18	312 (100%)	$23,206	189 (61%)	$7,028
2018-19	332 (100%)	$23,413	207 (62%)	$7,530
2019-20	257 (100%)	$25,209	145 (56%)	$7,823
2020-21	278 (100%)	$27,496	154 (55%)	$7,548
2021-22	215 (100%)	$30,049	107 (50%)	$5,805
2022-23	307 (100%)	$29,042	167 (54%)	$8,181
Average	311 (100.00%)	$23,996	193 (60.90%)	$7,228

^*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 11 years, on average, 98 (31.00 % of students) received Pell (federal) grants and its average amount is $4,553.

In addition, 180 students received State/local government grants/scholarships (56.80 % 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	139 (36%)	$4,057	137 (35%)	$704	274 (70%)	$1,598	390 (100%)	$15,733
2014-15	136 (39%)	$4,447	136 (39%)	$693	250 (71%)	$1,871	352 (100%)	$16,717
2015-16	131 (36%)	$4,355	128 (35%)	$684	223 (61%)	$2,201	368 (100%)	$17,646
2016-17	106 (36%)	$4,173	105 (35%)	$710	178 (60%)	$2,348	296 (100%)	$19,039
2017-18	105 (34%)	$4,675	104 (33%)	$690	181 (58%)	$2,434	312 (100%)	$19,991
2018-19	97 (29%)	$4,313	97 (29%)	$662	169 (51%)	$2,418	332 (100%)	$20,729
2019-20	75 (29%)	$4,424	75 (29%)	$618	139 (54%)	$2,758	257 (100%)	$22,246
2020-21	70 (25%)	$4,496	245 (88%)	$901	138 (50%)	$2,854	278 (100%)	$24,154
2021-22	46 (21%)	$5,347	215 (100%)	$1,634	90 (42%)	$2,935	215 (100%)	$26,042
2022-23	78 (25%)	$5,244	79 (26%)	$904	157 (51%)	$3,500	307 (100%)	$25,687
Average	98 (31.00%)	$4,553	132 (44.90%)	$820	180 (56.80%)	$2,492	311 (100.00%)	$20,798

^*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 11 years, on average, 193 (60.90 % of students) get any students loan help and its average loan amount is $193.

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	286 (73%)	$7,197	282 (72%)	$5,768	50 (13%)	$8,637
2014-15	244 (69%)	$6,949	242 (69%)	$5,709	35 (10%)	$8,970
2015-16	244 (66%)	$7,001	241 (65%)	$5,484	41 (11%)	$9,427
2016-17	185 (63%)	$7,219	183 (62%)	$5,480	33 (11%)	$10,083
2017-18	189 (61%)	$7,028	188 (60%)	$5,459	32 (10%)	$9,437
2018-19	207 (62%)	$7,530	202 (61%)	$5,315	42 (13%)	$11,552
2019-20	145 (56%)	$7,823	139 (54%)	$5,259	31 (12%)	$13,011
2020-21	154 (55%)	$7,548	153 (55%)	$5,303	24 (9%)	$14,628
2021-22	107 (50%)	$5,805	106 (49%)	$3,912	17 (8%)	$12,141
2022-23	167 (54%)	$8,181	164 (53%)	$5,061	39 (13%)	$13,749
Average	193 (60.90%)	$7,228	190 (60.00%)	$5,275	34 (11.00%)	$11,164

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Scholarships, Grants, and Loan Trends at AQ

All Undergraduate Students Financial Aid Over Time

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