Scholarships, Grants, and Loan Trends at Charter

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,077, which is 80.22 % of all undergraduate students. 1,812 students which is 69.78% of undergraduate students received federal student loans and the average loan amount is $8,008.
For full-time, first-time beginning students (freshmen), 88.00% of students received grants or scholarships and 82% 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 Charter College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,077, which is 80.22 % of all undergraduate students. 1,812 students which is 69.78% of undergraduate students received federal student loans and the average loan amount is $8,008.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,877 (86%)$4,3341,820 (83%)$4,0951,644 (75%)$9,345
2014-152,703 (86%)$4,8722,467 (79%)$3,0292,410 (77%)$8,133
2015-162,396 (80%)$4,2971,858 (62%)$3,2962,108 (71%)$8,234
2016-171,728 (65%)$4,4601,566 (59%)$3,6461,773 (66%)$8,169
2017-182,214 (83%)$5,1401,648 (62%)$4,3021,921 (72%)$7,961
2018-192,276 (80%)$5,1491,762 (62%)$4,2471,988 (70%)$7,778
2019-202,010 (81%)$5,5011,472 (59%)$4,2401,684 (68%)$7,710
2020-211,708 (81%)$6,0201,155 (54%)$4,1371,413 (67%)$7,406
2021-221,777 (80%)$6,2501,101 (50%)$4,2421,369 (62%)$7,340
Average2,077 (80.22%)$5,1141,650 (63.33%)$3,9151,812 (69.78%)$8,008

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

For the last 10 years, on average, 620 (88.00 % of students) received grants or scholarships and its average amount is $6,292. It can cover 34.81% of tuition & fees ($18,075).
In addition, 587 (82.33 % of students) students get helped from the students loans (average amount : $9,717).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14837 (79%)$4,360836 (79%)$9,888
2014-15456 (95%)$6,159377 (79%)$9,472
2015-16744 (81%)$4,683718 (78%)$10,539
2016-17707 (75%)$4,897714 (76%)$9,787
2017-18953 (93%)$6,259894 (87%)$10,113
2018-19552 (92%)$6,457514 (86%)$9,638
2019-20498 (93%)$7,217452 (84%)$9,433
2020-21388 (94%)$8,138379 (92%)$9,607
2021-22447 (90%)$8,454395 (80%)$8,978
Average620 (88.00%)$6,292587 (82.33%)$9,717
*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, 538 (74.56 % of students) received Pell (federal) grants and its average amount is $4,899.
In addition, 48 students received State/local government grants/scholarships (9.13 % 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
2013-14836 (79%)$4,080483 (46%)$1952 (0%)$66781 (8%)$1,769
2014-15380 (79%)$3,913165 (34%)$4,33143 (9%)$1,532291 (61%)$1,858
2015-16668 (72%)$3,948454 (49%)$18230 (3%)$2,004340 (37%)$2,071
2016-17667 (71%)$4,153498 (53%)$20050 (5%)$3,267138 (15%)$3,111
2017-18800 (78%)$5,408561 (55%)$25366 (6%)$3,477784 (76%)$1,616
2018-19454 (76%)$5,553359 (60%)$28559 (10%)$3,031463 (77%)$1,646
2019-20396 (74%)$5,484383 (72%)$1,27427 (5%)$2,192439 (82%)$1,994
2020-21309 (75%)$5,905303 (74%)$1,49560 (15%)$4,652315 (76%)$1,908
2021-22329 (67%)$5,646331 (67%)$1,96897 (20%)$4,032392 (79%)$2,242
Average538 (74.56%)$4,899393 (56.67%)$1,13148 (9.13%)$2,762360 (56.78%)$2,024
*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, 587 (82.33 % of students) get any students loan help and its average loan amount is $587.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14836 (79%)$9,888835 (79%)$9,8319 (1%)$6,403
2014-15377 (79%)$9,472377 (79%)$9,4271 (0%)$17,000
2015-16718 (78%)$10,539718 (78%)$10,539--
2016-17714 (76%)$9,787714 (76%)$9,787--
2017-18894 (87%)$10,113894 (87%)$10,0454 (0%)$15,167
2018-19514 (86%)$9,638513 (86%)$9,4885 (1%)$17,368
2019-20452 (84%)$9,433451 (84%)$9,3663 (1%)$13,222
2020-21379 (92%)$9,607379 (92%)$9,607--
2021-22395 (80%)$8,978395 (80%)$8,978--
Average587 (82.33%)$9,717586 (82.33%)$9,6744 (1.00%)$13,832
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