Scholarships, Grants, and Loan Trends at College Unbound

Over the past 5 years (2018-2022), the average number of students who received grants aid/scholarships is 128, which is 80.00 % of all undergraduate students. 102 students which is 59.00% of undergraduate students received federal student loans and the average loan amount is $7,763.
For full-time, first-time beginning students (freshmen), 93.67% of students received grants or scholarships and 59% 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 College Unbound since 2018.
For that period, the average number of students who received grants aid/scholarships is 128, which is 80.00 % of all undergraduate students. 102 students which is 59.00% of undergraduate students received federal student loans and the average loan amount is $7,763.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2018-1939 (44%)$3,42111 (13%)$1,944--
2019-20136 (83%)$5,41372 (44%)$4,81972 (44%)$7,833
2020-21155 (98%)$5,01188 (56%)$4,67996 (61%)$8,255
2021-22183 (95%)$5,490118 (61%)$5,014139 (72%)$7,202
Average128 (80.00%)$4,83472 (43.50%)$4,114102 (59.00%)$7,763

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

For the last 5 years, on average, 8 (93.67 % of students) received grants or scholarships and its average amount is $5,841. It can cover 55.69% of tuition & fees ($10,488).
In addition, 6 (58.67 % of students) students get helped from the students loans (average amount : $7,289).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2018-19----
2019-203 (100%)$6,1531 (33%)$9,500
2020-217 (88%)$5,5404 (50%)$5,380
2021-2213 (93%)$5,82913 (93%)$6,986
Average8 (93.67%)$5,8416 (58.67%)$7,289
*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 5 years, on average, 6 (64.67 % of students) received Pell (federal) grants and its average amount is $6,167.
In addition, 1 students received State/local government grants/scholarships (7.00 % 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
2018-19--------
2019-201 (33%)$7,434----3 (100%)$3,675
2020-216 (75%)$5,5526 (75%)$835--2 (25%)$227
2021-2212 (86%)$5,5165 (36%)$4931 (7%)$2,0004 (29%)$1,282
Average6 (64.67%)$6,1676 (55.50%)$6641 (7.00%)$2,0003 (51.33%)$1,728
*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 5 years, on average, 6 (58.67 % of students) get any students loan help and its average loan amount is $6.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2018-19------
2019-201 (33%)$9,5001 (33%)$9,500--
2020-214 (50%)$5,3804 (50%)$5,380--
2021-2213 (93%)$6,98613 (93%)$6,986--
Average6 (58.67%)$7,2896 (58.67%)$7,289--
Most Searched Rhode Island Colleges (last 30 days)
Related Articles and Ads