How Baker'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 Baker College since 2013.

For that period, the average number of students who received grants aid/scholarships is 9,407, which is 75.44 % of all undergraduate students. 7,866 students which is 59.78% of undergraduate students received federal student loans and the average loan amount is $6,862.

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	3,764 (81%)	$4,344	3,154 (68%)	$3,175	3,282 (71%)	$6,563
2014-15	20,423 (75%)	$4,179	17,057 (63%)	$3,212	18,262 (67%)	$6,617
2015-16	16,943 (70%)	$4,307	13,609 (56%)	$3,226	15,050 (62%)	$6,655
2016-17	14,281 (69%)	$4,103	10,213 (49%)	$3,224	12,199 (59%)	$6,565
2017-18	9,066 (78%)	$4,440	6,367 (55%)	$3,571	7,549 (65%)	$6,798
2018-19	6,674 (75%)	$4,866	4,312 (48%)	$3,774	5,230 (58%)	$7,827
2019-20	5,461 (75%)	$5,371	3,223 (45%)	$3,769	3,981 (55%)	$7,284
2020-21	4,392 (77%)	$5,534	2,387 (42%)	$3,443	2,985 (53%)	$6,758
2021-22	3,662 (79%)	$5,940	1,875 (40%)	$3,500	2,260 (48%)	$6,689
Average	9,407 (75.44%)	$4,787	6,911 (51.78%)	$3,433	7,866 (59.78%)	$6,862

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

Overview

For the last 10 years, on average, 900 (90.33 % of students) received grants or scholarships and its average amount is $6,676. It can cover 52.12% of tuition & fees ($12,810).

In addition, 548 (56.22 % of students) students get helped from the students loans (average amount : $5,893).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	590 (92%)	$5,560	339 (53%)	$5,118
2014-15	2,321 (89%)	$5,768	1,289 (50%)	$5,617
2015-16	1,731 (86%)	$6,068	1,008 (50%)	$5,547
2016-17	1,530 (94%)	$5,725	1,030 (63%)	$5,713
2017-18	527 (96%)	$5,955	330 (60%)	$6,612
2018-19	407 (80%)	$6,103	304 (60%)	$6,120
2019-20	413 (88%)	$8,059	287 (61%)	$6,122
2020-21	321 (93%)	$7,739	202 (58%)	$5,889
2021-22	263 (95%)	$9,110	140 (51%)	$6,297
Average	900 (90.33%)	$6,676	548 (56.22%)	$5,893

^*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, 658 (61.11 % of students) received Pell (federal) grants and its average amount is $4,066.

In addition, 256 students received State/local government grants/scholarships (31.56 % 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	482 (75%)	$3,306	58 (9%)	$1,936	135 (21%)	$2,079	538 (84%)	$2,404
2014-15	1,843 (71%)	$3,533	308 (12%)	$1,957	514 (20%)	$2,334	2,116 (82%)	$2,398
2015-16	1,325 (65%)	$3,638	270 (13%)	$2,150	372 (18%)	$2,383	1,618 (80%)	$2,606
2016-17	1,079 (66%)	$3,623	57 (3%)	$2,340	479 (29%)	$2,637	1,435 (88%)	$2,407
2017-18	330 (60%)	$4,260	37 (7%)	$1,903	151 (28%)	$2,014	509 (93%)	$2,667
2018-19	277 (54%)	$4,538	52 (10%)	$866	165 (32%)	$2,699	209 (41%)	$3,525
2019-20	264 (56%)	$4,617	314 (67%)	$1,505	194 (41%)	$3,073	241 (51%)	$4,319
2020-21	173 (50%)	$4,349	232 (67%)	$1,702	153 (44%)	$3,129	201 (58%)	$4,270
2021-22	146 (53%)	$4,727	215 (78%)	$1,911	142 (51%)	$3,545	176 (64%)	$4,496
Average	658 (61.11%)	$4,066	171 (29.56%)	$1,808	256 (31.56%)	$2,655	783 (71.22%)	$3,232

^*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, 548 (56.22 % of students) get any students loan help and its average loan amount is $548.

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	339 (53%)	$5,118	338 (53%)	$5,052	3 (0%)	$9,156
2014-15	1,289 (50%)	$5,617	1,287 (50%)	$5,431	32 (1%)	$7,815
2015-16	1,008 (50%)	$5,547	1,005 (50%)	$5,412	24 (1%)	$6,362
2016-17	1,030 (63%)	$5,713	1,021 (63%)	$5,528	24 (1%)	$10,008
2017-18	330 (60%)	$6,612	323 (59%)	$6,376	14 (3%)	$8,755
2018-19	304 (60%)	$6,120	300 (59%)	$5,578	24 (5%)	$7,803
2019-20	287 (61%)	$6,122	281 (60%)	$5,201	24 (5%)	$12,313
2020-21	202 (58%)	$5,889	200 (58%)	$5,373	11 (3%)	$10,452
2021-22	140 (51%)	$6,297	137 (50%)	$5,406	17 (6%)	$8,289
Average	548 (56.22%)	$5,893	544 (55.78%)	$5,484	19 (3.13%)	$8,995

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Scholarships, Grants, and Loan Trends at Baker

All Undergraduate Students Financial Aid Over Time

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