How Beal'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 Beal University since 2013.

For that period, the average number of students who received grants aid/scholarships is 383, which is 63.89 % of all undergraduate students. 408 students which is 68.56% of undergraduate students received federal student loans and the average loan amount is $5,050.

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	559 (70%)	$2,924	550 (69%)	$2,667	605 (76%)	$3,701
2014-15	584 (85%)	$2,541	470 (68%)	$2,794	514 (74%)	$4,220
2015-16	380 (63%)	$3,180	373 (62%)	$2,810	397 (66%)	$4,166
2016-17	295 (60%)	$3,548	288 (59%)	$2,984	319 (65%)	$4,414
2017-18	240 (62%)	$4,056	240 (62%)	$2,878	288 (74%)	$5,950
2018-19	46 (20%)	$5,587	45 (20%)	$5,556	45 (20%)	$4,698
2019-20	428 (80%)	$5,949	374 (70%)	$5,226	470 (88%)	$8,423
2020-21	469 (65%)	$4,708	412 (57%)	$4,011	530 (74%)	$3,413
2021-22	445 (70%)	$4,567	397 (62%)	$3,729	506 (80%)	$6,464
Average	383 (63.89%)	$4,118	350 (58.78%)	$3,628	408 (68.56%)	$5,050

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

Overview

For the last 10 years, on average, 132 (76.13 % of students) received grants or scholarships and its average amount is $3,600. It can cover 8.51% of tuition & fees ($42,305).

In addition, 137 (78.25 % of students) students get helped from the students loans (average amount : $6,055).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	153 (94%)	$2,572	135 (83%)	$3,552
2014-15	114 (89%)	$2,515	96 (75%)	$4,101
2015-16	96 (73%)	$3,323	101 (77%)	$4,210
2016-17	54 (69%)	$2,859	59 (76%)	$4,023
2017-18	56 (72%)	$3,551	58 (74%)	$6,046
2018-19	-	-	-	-
2019-20	109 (68%)	$4,507	143 (89%)	$13,147
2020-21	256 (68%)	$4,520	273 (73%)	$6,512
2021-22	220 (76%)	$4,955	229 (79%)	$6,846
Average	132 (76.13%)	$3,600	137 (78.25%)	$6,055

^*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, 120 (70.00 % of students) received Pell (federal) grants and its average amount is $3,373.

In addition, 66 students received State/local government grants/scholarships (30.43 % 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	128 (79%)	$2,756	-	-	50 (31%)	$775	4 (2%)	$500
2014-15	92 (72%)	$2,810	-	-	34 (27%)	$753	5 (4%)	$500
2015-16	93 (71%)	$3,152	-	-	21 (16%)	$1,161	3 (2%)	$500
2016-17	54 (69%)	$2,521	-	-	13 (17%)	$1,406	-	-
2017-18	56 (72%)	$3,156	-	-	17 (22%)	$1,301	-	-
2018-19	-	-	-	-	-	-	-	-
2019-20	109 (68%)	$4,507	-	-	-	-	-	-
2020-21	229 (61%)	$4,034	10 (3%)	$7,617	160 (43%)	$982	-	-
2021-22	197 (68%)	$4,047	55 (19%)	$1,244	166 (57%)	$1,196	8 (3%)	$3,255
Average	120 (70.00%)	$3,373	33 (11.00%)	$4,431	66 (30.43%)	$1,082	5 (2.75%)	$1,189

^*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, 137 (78.25 % of students) get any students loan help and its average loan amount is $137.

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	135 (83%)	$3,552	132 (81%)	$3,496	3 (2%)	$6,045
2014-15	96 (75%)	$4,101	94 (73%)	$4,093	2 (2%)	$4,500
2015-16	101 (77%)	$4,210	101 (77%)	$4,189	1 (1%)	$2,167
2016-17	59 (76%)	$4,023	59 (76%)	$4,023	-	-
2017-18	58 (74%)	$6,046	58 (74%)	$5,920	1 (1%)	$7,280
2018-19	-	-	-	-	-	-
2019-20	143 (89%)	$13,147	143 (89%)	$13,147	-	-
2020-21	273 (73%)	$6,512	273 (73%)	$6,485	1 (0%)	$7,500
2021-22	229 (79%)	$6,846	229 (79%)	$6,695	5 (2%)	$6,900
Average	137 (78.25%)	$6,055	136 (77.75%)	$6,006	2 (1.60%)	$5,732

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Scholarships, Grants, and Loan Trends at Beal

All Undergraduate Students Financial Aid Over Time

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