Scholarships, Grants, and Loan Trends at Assumption

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,983, which is 94.11 % of all undergraduate students. 1,520 students which is 72.22% of undergraduate students received federal student loans and the average loan amount is $6,823.
For full-time, first-time beginning students (freshmen), 99.22% of students received grants or scholarships and 78% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Assumption University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,983, which is 94.11 % of all undergraduate students. 1,520 students which is 72.22% of undergraduate students received federal student loans and the average loan amount is $6,823.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,058 (92%)$19,331514 (23%)$4,2631,628 (73%)$7,482
2014-152,046 (92%)$19,746539 (24%)$4,0201,618 (73%)$7,145
2015-162,017 (90%)$20,248496 (22%)$3,9291,562 (70%)$6,961
2016-172,020 (92%)$20,622445 (20%)$3,9931,498 (68%)$6,878
2017-181,963 (95%)$21,556419 (20%)$4,2161,450 (70%)$6,800
2018-191,902 (93%)$23,701370 (18%)$4,6441,387 (68%)$6,589
2019-201,984 (97%)$25,136380 (19%)$4,2541,597 (78%)$6,537
2020-211,972 (97%)$28,516403 (20%)$4,6451,361 (67%)$6,454
2021-221,887 (99%)$30,263384 (20%)$4,7581,581 (83%)$6,560
Average1,983 (94.11%)$23,235439 (20.67%)$4,3021,520 (72.22%)$6,823

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

For the last 10 years, on average, 531 (99.22 % of students) received grants or scholarships and its average amount is $24,668. It can cover 49.92% of tuition & fees ($49,414).
In addition, 412 (77.56 % of students) students get helped from the students loans (average amount : $8,873).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14497 (99%)$20,648396 (79%)$8,957
2014-15560 (98%)$20,473439 (77%)$8,352
2015-16561 (98%)$20,054406 (71%)$9,405
2016-17571 (99%)$20,777418 (72%)$8,604
2017-18486 (99%)$23,510375 (76%)$9,173
2018-19551 (100%)$25,849401 (73%)$9,049
2019-20563 (100%)$27,346492 (87%)$9,141
2020-21571 (100%)$30,861396 (69%)$8,135
2021-22415 (100%)$32,492389 (94%)$9,039
Average531 (99.22%)$24,668412 (77.56%)$8,873
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 112 (20.89 % of students) received Pell (federal) grants and its average amount is $4,476.
In addition, 90 students received State/local government grants/scholarships (16.89 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14121 (24%)$4,49426 (5%)$1,65799 (20%)$2,074497 (99%)$19,054
2014-15127 (22%)$4,36530 (5%)$1,625106 (19%)$1,825560 (98%)$19,050
2015-16113 (20%)$4,34823 (4%)$1,68598 (17%)$2,300561 (98%)$18,707
2016-17106 (18%)$4,17922 (4%)$1,98475 (13%)$2,369571 (99%)$19,614
2017-18109 (22%)$4,37343 (9%)$1,44980 (16%)$2,261486 (99%)$22,028
2018-19112 (20%)$4,50521 (4%)$1,57687 (16%)$2,571551 (100%)$24,468
2019-2097 (17%)$4,212368 (65%)$87376 (13%)$1,868563 (100%)$25,798
2020-21143 (25%)$4,712229 (40%)$1,476115 (20%)$1,857571 (100%)$28,715
2021-2283 (20%)$5,095218 (53%)$2,25974 (18%)$3,546415 (100%)$29,654
Average112 (20.89%)$4,476109 (21.00%)$1,62090 (16.89%)$2,297531 (99.22%)$23,010
*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..
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, 412 (77.56 % of students) get any students loan help and its average loan amount is $412.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14396 (79%)$8,957394 (78%)$6,15281 (16%)$13,862
2014-15439 (77%)$8,352435 (76%)$5,88380 (14%)$13,844
2015-16406 (71%)$9,405403 (71%)$5,56399 (17%)$15,924
2016-17418 (72%)$8,604409 (71%)$5,43994 (16%)$14,595
2017-18375 (76%)$9,173368 (75%)$5,50190 (18%)$15,726
2018-19401 (73%)$9,049392 (71%)$5,40591 (16%)$16,592
2019-20492 (87%)$9,141490 (87%)$5,426104 (18%)$17,680
2020-21396 (69%)$8,135383 (67%)$5,36481 (14%)$14,408
2021-22389 (94%)$9,039386 (93%)$5,34074 (18%)$19,661
Average412 (77.56%)$8,873407 (76.56%)$5,56488 (16.33%)$15,810
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