Scholarships, Grants, and Loan Trends at Daemen

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,762, which is 93.67 % of all undergraduate students. 1,319 students which is 69.67% of undergraduate students received federal student loans and the average loan amount is $7,022.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 80% 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 Daemen University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,762, which is 93.67 % of all undergraduate students. 1,319 students which is 69.67% of undergraduate students received federal student loans and the average loan amount is $7,022.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,970 (88%)$14,007791 (35%)$3,9711,509 (67%)$7,480
2014-151,911 (89%)$14,559777 (36%)$3,9871,476 (68%)$6,883
2015-161,917 (94%)$15,770765 (38%)$4,0741,482 (73%)$7,270
2016-171,812 (93%)$17,106675 (34%)$4,0111,397 (71%)$7,033
2017-181,703 (95%)$17,654702 (39%)$4,1051,296 (72%)$6,891
2018-191,646 (97%)$18,499632 (37%)$4,2171,252 (74%)$6,837
2019-201,647 (96%)$19,547625 (36%)$4,3091,182 (69%)$6,627
2020-211,576 (97%)$19,226613 (38%)$5,0911,113 (68%)$7,110
2021-221,678 (94%)$18,811737 (41%)$5,4391,166 (65%)$7,068
Average1,762 (93.67%)$17,242702 (37.11%)$4,3561,319 (69.67%)$7,022

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

For the last 10 years, on average, 384 (100.00 % of students) received grants or scholarships and its average amount is $19,941. It can cover 59.13% of tuition & fees ($33,724).
In addition, 309 (80.44 % of students) students get helped from the students loans (average amount : $8,232).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14408 (100%)$16,380343 (84%)$8,054
2014-15418 (100%)$17,345344 (82%)$7,649
2015-16384 (100%)$18,519312 (81%)$8,177
2016-17391 (100%)$20,429321 (82%)$7,736
2017-18386 (100%)$21,408302 (78%)$8,213
2018-19338 (100%)$20,881264 (78%)$7,998
2019-20412 (100%)$21,441320 (78%)$8,849
2020-21345 (100%)$21,444274 (79%)$8,331
2021-22372 (100%)$21,618304 (82%)$9,077
Average384 (100.00%)$19,941309 (80.44%)$8,232
*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, 154 (40.00 % of students) received Pell (federal) grants and its average amount is $4,481.
In addition, 210 students received State/local government grants/scholarships (54.67 % 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
2013-14166 (41%)$4,22569 (17%)$820252 (62%)$2,380407 (100%)$13,085
2014-15183 (44%)$4,00576 (18%)$1,397262 (63%)$2,379418 (100%)$13,846
2015-16157 (41%)$4,52678 (20%)$1,752237 (62%)$3,260384 (100%)$14,301
2016-17165 (42%)$4,26077 (20%)$2,114238 (61%)$3,065390 (99%)$16,392
2017-18173 (45%)$4,30274 (19%)$1,861216 (56%)$3,124386 (100%)$17,375
2018-19126 (37%)$4,36762 (18%)$1,468165 (49%)$3,225338 (100%)$17,409
2019-20150 (36%)$4,408172 (42%)$1,781193 (47%)$2,978412 (100%)$17,698
2020-21119 (34%)$5,063132 (38%)$1,086154 (45%)$3,070345 (100%)$17,911
2021-22149 (40%)$5,17786 (23%)$888175 (47%)$3,126372 (100%)$17,868
Average154 (40.00%)$4,48192 (23.89%)$1,463210 (54.67%)$2,956384 (99.89%)$16,209
*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, 309 (80.44 % of students) get any students loan help and its average loan amount is $309.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14343 (84%)$8,054342 (84%)$6,11366 (16%)$10,176
2014-15344 (82%)$7,649341 (81%)$5,82368 (16%)$9,494
2015-16312 (81%)$8,177310 (81%)$5,87068 (18%)$10,755
2016-17321 (82%)$7,736321 (82%)$5,70167 (17%)$9,750
2017-18302 (78%)$8,213302 (78%)$5,79071 (18%)$10,304
2018-19264 (78%)$7,998264 (78%)$5,20159 (17%)$12,514
2019-20320 (78%)$8,849320 (78%)$5,22397 (24%)$11,962
2020-21274 (79%)$8,331273 (79%)$5,37060 (17%)$13,615
2021-22304 (82%)$9,077303 (81%)$5,59281 (22%)$13,148
Average309 (80.44%)$8,232308 (80.22%)$5,63171 (18.33%)$11,302
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