How AMU'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 Ave Maria University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,055, which is 98.00 % of all undergraduate students. 570 students which is 53.22% of undergraduate students received federal student loans and the average loan amount is $6,388.

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	893 (99%)	$16,463	300 (33%)	$4,477	542 (60%)	$7,076
2014-15	1,015 (99%)	$12,325	290 (28%)	$4,617	565 (55%)	$6,667
2015-16	1,059 (99%)	$13,295	276 (26%)	$4,642	597 (56%)	$6,226
2016-17	1,047 (99%)	$13,696	254 (24%)	$4,779	566 (54%)	$6,222
2017-18	1,039 (97%)	$14,799	278 (26%)	$4,461	552 (51%)	$6,402
2018-19	1,061 (98%)	$17,064	265 (24%)	$4,669	565 (52%)	$6,203
2019-20	1,073 (95%)	$18,744	267 (24%)	$4,849	569 (50%)	$6,224
2020-21	1,068 (98%)	$19,920	300 (28%)	$5,196	549 (51%)	$6,469
2021-22	1,240 (98%)	$20,932	342 (27%)	$5,093	624 (50%)	$6,005
Average	1,055 (98.00%)	$16,360	286 (26.67%)	$4,754	570 (53.22%)	$6,388

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

Overview

For the last 10 years, on average, 301 (99.67 % of students) received grants or scholarships and its average amount is $17,014. It can cover 60.28% of tuition & fees ($28,224).

In addition, 175 (58.22 % of students) students get helped from the students loans (average amount : $6,812).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	254 (100%)	$16,952	170 (67%)	$6,465
2014-15	303 (100%)	$12,398	172 (57%)	$6,160
2015-16	303 (100%)	$13,112	181 (60%)	$6,747
2016-17	266 (100%)	$13,452	166 (62%)	$6,462
2017-18	277 (98%)	$15,547	153 (54%)	$6,734
2018-19	329 (99%)	$19,906	181 (55%)	$6,927
2019-20	309 (100%)	$19,189	177 (57%)	$6,611
2020-21	291 (100%)	$21,230	162 (56%)	$7,528
2021-22	378 (100%)	$21,341	211 (56%)	$7,673
Average	301 (99.67%)	$17,014	175 (58.22%)	$6,812

^*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, 86 (28.67 % of students) received Pell (federal) grants and its average amount is $4,655.

In addition, 119 students received State/local government grants/scholarships (39.67 % 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	89 (35%)	$4,311	21 (8%)	$498	115 (45%)	$3,581	254 (100%)	$13,778
2014-15	73 (24%)	$4,683	31 (10%)	$516	136 (45%)	$3,617	303 (100%)	$9,593
2015-16	76 (25%)	$4,575	32 (11%)	$492	109 (36%)	$3,989	303 (100%)	$10,477
2016-17	73 (27%)	$4,139	13 (5%)	$481	111 (42%)	$3,898	266 (100%)	$10,666
2017-18	76 (27%)	$4,377	20 (7%)	$500	119 (42%)	$4,821	277 (98%)	$12,239
2018-19	102 (31%)	$4,756	32 (10%)	$531	134 (40%)	$5,757	328 (99%)	$16,084
2019-20	89 (29%)	$4,981	215 (69%)	$1,414	109 (35%)	$5,112	306 (99%)	$15,114
2020-21	92 (32%)	$5,068	179 (62%)	$1,038	104 (36%)	$4,656	291 (100%)	$17,326
2021-22	106 (28%)	$5,006	378 (100%)	$1,102	137 (36%)	$4,587	377 (100%)	$17,218
Average	86 (28.67%)	$4,655	102 (31.33%)	$730	119 (39.67%)	$4,446	301 (99.56%)	$13,611

^*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, 175 (58.22 % of students) get any students loan help and its average loan amount is $175.

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	170 (67%)	$6,465	170 (67%)	$6,116	6 (2%)	$9,883
2014-15	172 (57%)	$6,160	169 (56%)	$5,605	11 (4%)	$10,208
2015-16	181 (60%)	$6,747	177 (58%)	$5,555	19 (6%)	$12,521
2016-17	166 (62%)	$6,462	165 (62%)	$5,141	19 (7%)	$11,813
2017-18	153 (54%)	$6,734	150 (53%)	$5,585	16 (6%)	$12,035
2018-19	181 (55%)	$6,927	179 (54%)	$5,438	27 (8%)	$10,381
2019-20	177 (57%)	$6,611	176 (57%)	$5,207	22 (7%)	$11,527
2020-21	162 (56%)	$7,528	160 (55%)	$5,696	26 (9%)	$11,852
2021-22	211 (56%)	$7,673	210 (56%)	$5,250	36 (10%)	$14,350
Average	175 (58.22%)	$6,812	173 (57.56%)	$5,510	20 (6.56%)	$11,619

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Scholarships, Grants, and Loan Trends at AMU

All Undergraduate Students Financial Aid Over Time

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