How Charter'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 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.

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	1,877 (86%)	$4,334	1,820 (83%)	$4,095	1,644 (75%)	$9,345
2014-15	2,703 (86%)	$4,872	2,467 (79%)	$3,029	2,410 (77%)	$8,133
2015-16	2,396 (80%)	$4,297	1,858 (62%)	$3,296	2,108 (71%)	$8,234
2016-17	1,728 (65%)	$4,460	1,566 (59%)	$3,646	1,773 (66%)	$8,169
2017-18	2,214 (83%)	$5,140	1,648 (62%)	$4,302	1,921 (72%)	$7,961
2018-19	2,276 (80%)	$5,149	1,762 (62%)	$4,247	1,988 (70%)	$7,778
2019-20	2,010 (81%)	$5,501	1,472 (59%)	$4,240	1,684 (68%)	$7,710
2020-21	1,708 (81%)	$6,020	1,155 (54%)	$4,137	1,413 (67%)	$7,406
2021-22	1,777 (80%)	$6,250	1,101 (50%)	$4,242	1,369 (62%)	$7,340
Average	2,077 (80.22%)	$5,114	1,650 (63.33%)	$3,915	1,812 (69.78%)	$8,008

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

Overview

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
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	837 (79%)	$4,360	836 (79%)	$9,888
2014-15	456 (95%)	$6,159	377 (79%)	$9,472
2015-16	744 (81%)	$4,683	718 (78%)	$10,539
2016-17	707 (75%)	$4,897	714 (76%)	$9,787
2017-18	953 (93%)	$6,259	894 (87%)	$10,113
2018-19	552 (92%)	$6,457	514 (86%)	$9,638
2019-20	498 (93%)	$7,217	452 (84%)	$9,433
2020-21	388 (94%)	$8,138	379 (92%)	$9,607
2021-22	447 (90%)	$8,454	395 (80%)	$8,978
Average	620 (88.00%)	$6,292	587 (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.

Grants/Scholarship

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) 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	836 (79%)	$4,080	483 (46%)	$195	2 (0%)	$667	81 (8%)	$1,769
2014-15	380 (79%)	$3,913	165 (34%)	$4,331	43 (9%)	$1,532	291 (61%)	$1,858
2015-16	668 (72%)	$3,948	454 (49%)	$182	30 (3%)	$2,004	340 (37%)	$2,071
2016-17	667 (71%)	$4,153	498 (53%)	$200	50 (5%)	$3,267	138 (15%)	$3,111
2017-18	800 (78%)	$5,408	561 (55%)	$253	66 (6%)	$3,477	784 (76%)	$1,616
2018-19	454 (76%)	$5,553	359 (60%)	$285	59 (10%)	$3,031	463 (77%)	$1,646
2019-20	396 (74%)	$5,484	383 (72%)	$1,274	27 (5%)	$2,192	439 (82%)	$1,994
2020-21	309 (75%)	$5,905	303 (74%)	$1,495	60 (15%)	$4,652	315 (76%)	$1,908
2021-22	329 (67%)	$5,646	331 (67%)	$1,968	97 (20%)	$4,032	392 (79%)	$2,242
Average	538 (74.56%)	$4,899	393 (56.67%)	$1,131	48 (9.13%)	$2,762	360 (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..

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, 587 (82.33 % of students) get any students loan help and its average loan amount is $587.

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	836 (79%)	$9,888	835 (79%)	$9,831	9 (1%)	$6,403
2014-15	377 (79%)	$9,472	377 (79%)	$9,427	1 (0%)	$17,000
2015-16	718 (78%)	$10,539	718 (78%)	$10,539	-	-
2016-17	714 (76%)	$9,787	714 (76%)	$9,787	-	-
2017-18	894 (87%)	$10,113	894 (87%)	$10,045	4 (0%)	$15,167
2018-19	514 (86%)	$9,638	513 (86%)	$9,488	5 (1%)	$17,368
2019-20	452 (84%)	$9,433	451 (84%)	$9,366	3 (1%)	$13,222
2020-21	379 (92%)	$9,607	379 (92%)	$9,607	-	-
2021-22	395 (80%)	$8,978	395 (80%)	$8,978	-	-
Average	587 (82.33%)	$9,717	586 (82.33%)	$9,674	4 (1.00%)	$13,832

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Scholarships, Grants, and Loan Trends at Charter

All Undergraduate Students Financial Aid Over Time

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