Scholarships, Grants, and Loan Trends at Cleary

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 426, which is 89.11 % of all undergraduate students. 331 students which is 69.67% of undergraduate students received federal student loans and the average loan amount is $7,330.
For full-time, first-time beginning students (freshmen), 95.22% of students received grants or scholarships and 74% 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 Cleary University since 2013.
For that period, the average number of students who received grants aid/scholarships is 426, which is 89.11 % of all undergraduate students. 331 students which is 69.67% of undergraduate students received federal student loans and the average loan amount is $7,330.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14443 (98%)$10,205217 (48%)$2,556341 (76%)$7,037
2014-15441 (100%)$5,689206 (47%)$2,935394 (89%)$7,445
2015-16382 (84%)$7,496151 (33%)$3,403310 (68%)$7,720
2016-17404 (85%)$7,766155 (33%)$3,613330 (70%)$7,536
2017-18430 (82%)$8,731192 (37%)$4,100346 (66%)$7,363
2018-19421 (89%)$9,558172 (36%)$4,287363 (77%)$7,501
2019-20433 (94%)$8,367150 (32%)$4,380333 (72%)$7,650
2020-21437 (86%)$10,795146 (29%)$4,053286 (56%)$7,980
2021-22443 (84%)$9,040151 (29%)$2,433280 (53%)$5,738
Average426 (89.11%)$8,627171 (36.00%)$3,529331 (69.67%)$7,330

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

For the last 10 years, on average, 72 (95.22 % of students) received grants or scholarships and its average amount is $11,883. It can cover 47.83% of tuition & fees ($24,842).
In addition, 56 (73.78 % of students) students get helped from the students loans (average amount : $6,847).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (88%)$10,56424 (56%)$5,233
2014-1555 (100%)$9,01741 (75%)$4,844
2015-1648 (94%)$11,53636 (71%)$5,938
2016-1753 (98%)$7,99543 (80%)$6,393
2017-1873 (91%)$11,97055 (69%)$9,736
2018-1954 (100%)$12,62147 (87%)$7,273
2019-2092 (100%)$17,54179 (86%)$9,989
2020-21120 (100%)$17,25697 (81%)$7,855
2021-22119 (86%)$8,44782 (59%)$4,359
Average72 (95.22%)$11,88356 (73.78%)$6,847
*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, 27 (36.11 % of students) received Pell (federal) grants and its average amount is $4,005.
In addition, 27 students received State/local government grants/scholarships (37.78 % 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
2013-1415 (35%)$4,2527 (16%)$44322 (51%)$1,56833 (77%)$9,092
2014-1522 (40%)$4,1502 (4%)$60027 (49%)$1,98349 (89%)$7,140
2015-1622 (43%)$4,1324 (8%)$82518 (35%)$2,20648 (94%)$8,746
2016-1712 (22%)$3,434--18 (33%)$2,05251 (94%)$6,777
2017-1832 (40%)$4,7236 (8%)$90021 (26%)$1,76766 (83%)$10,305
2018-1922 (41%)$4,4853 (6%)$80021 (39%)$2,67148 (89%)$10,924
2019-2033 (36%)$4,6715 (5%)$80240 (43%)$3,26892 (100%)$14,401
2020-2139 (33%)$3,58916 (13%)$91956 (47%)$3,357120 (100%)$14,401
2021-2248 (35%)$2,60931 (22%)$58924 (17%)$2,441118 (86%)$6,806
Average27 (36.11%)$4,0059 (10.25%)$73527 (37.78%)$2,36869 (90.22%)$9,844
*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, 56 (73.78 % of students) get any students loan help and its average loan amount is $56.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1424 (56%)$5,23324 (56%)$5,0111 (2%)$5,334
2014-1541 (75%)$4,84441 (75%)$4,7182 (4%)$2,584
2015-1636 (71%)$5,93836 (71%)$5,938--
2016-1743 (80%)$6,39343 (80%)$5,4076 (11%)$7,068
2017-1855 (69%)$9,73654 (68%)$6,45920 (25%)$9,335
2018-1947 (87%)$7,27345 (83%)$5,6216 (11%)$14,814
2019-2079 (86%)$9,98976 (83%)$8,26111 (12%)$14,662
2020-2197 (81%)$7,85597 (81%)$6,32712 (10%)$12,351
2021-2282 (59%)$4,35973 (53%)$4,0149 (7%)$7,160
Average56 (73.78%)$6,84754 (72.22%)$5,7518 (10.25%)$9,164
Most Searched Michigan Colleges (last 30 days)
Related Articles and Ads