Scholarships, Grants, and Loan Trends at Chowan

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,329, which is 99.44 % of all undergraduate students. 1,153 students which is 85.11% of undergraduate students received federal student loans and the average loan amount is $8,576.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 89% 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 Chowan University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,329, which is 99.44 % of all undergraduate students. 1,153 students which is 85.11% of undergraduate students received federal student loans and the average loan amount is $8,576.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,358 (100%)$24,798938 (69%)$4,5931,177 (86%)$8,737
2014-151,474 (100%)$15,9441,077 (73%)$4,5681,408 (95%)$7,583
2015-161,516 (100%)$16,8151,102 (72%)$4,6901,354 (89%)$11,091
2016-171,522 (100%)$17,5191,135 (74%)$4,7361,369 (90%)$11,345
2017-181,496 (100%)$17,7481,103 (74%)$4,8591,308 (87%)$7,479
2018-191,378 (99%)$18,4951,046 (75%)$4,8781,233 (88%)$7,324
2019-201,247 (99%)$20,662906 (72%)$4,8831,031 (82%)$7,762
2020-211,082 (98%)$20,106762 (69%)$5,031839 (76%)$7,927
2021-22889 (99%)$20,476614 (69%)$5,193657 (73%)$7,937
Average1,329 (99.44%)$19,174965 (71.89%)$4,8261,153 (85.11%)$8,576

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

For the last 10 years, on average, 424 (100.00 % of students) received grants or scholarships and its average amount is $18,384. It can cover 67.81% of tuition & fees ($27,110).
In addition, 384 (89.00 % of students) students get helped from the students loans (average amount : $7,522).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14474 (100%)$15,879466 (98%)$7,614
2014-15531 (100%)$15,785487 (92%)$7,536
2015-16552 (100%)$17,193507 (92%)$10,696
2016-17522 (100%)$17,253485 (93%)$6,732
2017-18525 (100%)$18,296473 (90%)$6,859
2018-19397 (100%)$18,808362 (91%)$6,818
2019-20378 (100%)$21,209346 (92%)$6,837
2020-21238 (100%)$20,456187 (79%)$7,149
2021-22196 (100%)$20,580146 (74%)$7,455
Average424 (100.00%)$18,384384 (89.00%)$7,522
*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, 331 (76.67 % of students) received Pell (federal) grants and its average amount is $4,932.
In addition, 222 students received State/local government grants/scholarships (51.11 % 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
2013-14381 (80%)$4,67355 (12%)$1,858248 (52%)$4,345474 (100%)$9,634
2014-15427 (80%)$4,52551 (10%)$3,213293 (55%)$4,014531 (100%)$9,623
2015-16433 (78%)$4,76830 (5%)$3,800296 (54%)$4,169552 (100%)$11,011
2016-17423 (81%)$4,74128 (5%)$3,309286 (55%)$4,378522 (100%)$10,836
2017-18418 (80%)$4,83817 (3%)$3,351287 (55%)$4,521525 (100%)$11,864
2018-19315 (79%)$4,99322 (6%)$3,967207 (52%)$4,920397 (100%)$12,062
2019-20291 (77%)$5,101296 (78%)$1,632194 (51%)$5,380378 (100%)$13,242
2020-21163 (68%)$5,24153 (22%)$1,831110 (46%)$6,479238 (100%)$13,464
2021-22131 (67%)$5,50618 (9%)$2,98278 (40%)$6,580196 (100%)$14,007
Average331 (76.67%)$4,93263 (16.67%)$2,883222 (51.11%)$4,976424 (100.00%)$11,749
*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, 384 (89.00 % of students) get any students loan help and its average loan amount is $384.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14466 (98%)$7,614466 (98%)$7,17223 (5%)$8,956
2014-15487 (92%)$7,536487 (92%)$7,11621 (4%)$9,726
2015-16507 (92%)$10,696507 (92%)$10,38016 (3%)$10,032
2016-17485 (93%)$6,732485 (93%)$6,60111 (2%)$5,808
2017-18473 (90%)$6,859473 (90%)$6,46918 (3%)$10,235
2018-19362 (91%)$6,818362 (91%)$6,37514 (4%)$11,455
2019-20346 (92%)$6,837346 (92%)$6,40513 (3%)$11,480
2020-21187 (79%)$7,149187 (79%)$6,5969 (4%)$11,496
2021-22146 (74%)$7,455146 (74%)$6,4959 (5%)$15,568
Average384 (89.00%)$7,522384 (89.00%)$7,06815 (3.67%)$10,528
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