Scholarships, Grants, and Loan Trends at Converse

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 740, which is 90.33 % of all undergraduate students. 541 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,785.
For full-time, first-time beginning students (freshmen), 98.33% of students received grants or scholarships and 73% 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 Converse University since 2013.
For that period, the average number of students who received grants aid/scholarships is 740, which is 90.33 % of all undergraduate students. 541 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,785.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14691 (93%)$21,176330 (44%)$4,208573 (77%)$7,958
2014-15754 (92%)$10,914360 (44%)$4,368630 (77%)$7,597
2015-16663 (84%)$10,770364 (46%)$4,274607 (76%)$8,757
2016-17704 (81%)$10,807392 (45%)$4,232645 (74%)$9,224
2017-18858 (93%)$12,410401 (44%)$4,684672 (73%)$7,330
2018-19824 (94%)$13,956400 (46%)$4,750650 (74%)$7,231
2019-20720 (89%)$2,181336 (42%)$2,512100 (12%)$100
2020-21672 (92%)$14,319343 (47%)$4,683473 (65%)$6,743
2021-22778 (95%)$14,732344 (42%)$4,834523 (64%)$6,124
Average740 (90.33%)$12,363363 (44.44%)$4,283541 (65.78%)$6,785

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

For the last 10 years, on average, 223 (98.33 % of students) received grants or scholarships and its average amount is $14,055. It can cover 60.85% of tuition & fees ($23,096).
In addition, 166 (73.44 % of students) students get helped from the students loans (average amount : $6,174).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14231 (100%)$23,066201 (87%)$6,866
2014-15226 (100%)$11,254197 (87%)$7,393
2015-16197 (93%)$10,745159 (75%)$5,268
2016-17228 (96%)$12,497138 (58%)$7,723
2017-18267 (99%)$13,164205 (76%)$6,734
2018-19206 (99%)$16,932173 (83%)$7,879
2019-20185 (99%)$8,324120 (65%)$113
2020-21173 (100%)$15,551114 (66%)$6,045
2021-22292 (99%)$14,959189 (64%)$7,545
Average223 (98.33%)$14,055166 (73.44%)$6,174
*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, 113 (51.33 % of students) received Pell (federal) grants and its average amount is $4,744.
In addition, 158 students received State/local government grants/scholarships (69.78 % 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
2013-14108 (47%)$4,06612 (5%)$1,897158 (68%)$6,602231 (100%)$16,551
2014-15103 (46%)$4,52027 (12%)$837166 (73%)$6,628204 (90%)$4,681
2015-1694 (44%)$4,38750 (24%)$457144 (68%)$6,653147 (69%)$4,922
2016-17113 (47%)$4,44140 (17%)$531197 (83%)$6,208197 (83%)$5,600
2017-18115 (43%)$4,79526 (10%)$671196 (73%)$6,786256 (95%)$6,311
2018-1995 (45%)$6,00020 (10%)$900156 (75%)$8,333206 (99%)$7,767
2019-20185 (99%)$4,562100 (54%)$100100 (54%)$6,700150 (81%)$107
2020-2191 (53%)$4,91996 (55%)$344128 (74%)$7,223172 (99%)$7,472
2021-22111 (38%)$5,00419 (6%)$940178 (60%)$7,164288 (98%)$8,748
Average113 (51.33%)$4,74443 (21.44%)$742158 (69.78%)$6,922206 (90.44%)$6,907
*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, 166 (73.44 % of students) get any students loan help and its average loan amount is $166.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14201 (87%)$6,866198 (86%)$6,31120 (9%)$6,525
2014-15197 (87%)$7,393197 (87%)$6,51021 (9%)$8,276
2015-16159 (75%)$5,268158 (75%)$5,2781 (0%)$3,616
2016-17138 (58%)$7,723138 (58%)$6,10018 (8%)$12,446
2017-18205 (76%)$6,734203 (75%)$5,99517 (6%)$9,620
2018-19173 (83%)$7,879149 (71%)$8,05424 (11%)$6,792
2019-20120 (65%)$11370 (38%)$10750 (27%)$120
2020-21114 (66%)$6,045113 (65%)$5,2089 (5%)$11,187
2021-22189 (64%)$7,545189 (64%)$6,33121 (7%)$10,920
Average166 (73.44%)$6,174157 (68.78%)$5,54420 (10.25%)$7,722
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