Scholarships, Grants, and Loan Trends at Dorsey College-Wayne

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 199, which is 88.00 % of all undergraduate students. 184 students which is 81.11% of undergraduate students received federal student loans and the average loan amount is $7,552.
For full-time, first-time beginning students (freshmen), 86.44% of students received grants or scholarships and 86% 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 Dorsey College-Wayne since 2013.
For that period, the average number of students who received grants aid/scholarships is 199, which is 88.00 % of all undergraduate students. 184 students which is 81.11% of undergraduate students received federal student loans and the average loan amount is $7,552.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14179 (93%)$4,176166 (86%)$4,222152 (79%)$7,008
2014-15132 (94%)$4,560128 (91%)$4,507117 (83%)$6,670
2015-16128 (85%)$4,510126 (84%)$4,477112 (75%)$5,382
2016-17156 (80%)$4,670152 (78%)$4,656155 (79%)$7,785
2017-18263 (91%)$6,997250 (87%)$5,366247 (86%)$9,179
2018-19267 (91%)$5,801249 (85%)$5,425251 (86%)$8,585
2019-20235 (93%)$6,578222 (88%)$6,609213 (84%)$6,964
2020-21250 (92%)$6,588212 (78%)$6,362233 (85%)$8,441
2021-22177 (73%)$5,888164 (68%)$5,818176 (73%)$7,955
Average199 (88.00%)$5,530185 (82.78%)$5,271184 (81.11%)$7,552

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

For the last 10 years, on average, 45 (86.44 % of students) received grants or scholarships and its average amount is $6,162. It can cover 19.16% of tuition & fees ($32,160).
In addition, 46 (86.33 % of students) students get helped from the students loans (average amount : $11,421).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1445 (90%)$4,64741 (82%)$7,151
2014-1531 (94%)$5,05026 (79%)$6,724
2015-1620 (74%)$5,71221 (78%)$5,719
2016-1750 (74%)$4,99357 (84%)$9,634
2017-1868 (97%)$7,39068 (97%)$16,142
2018-1973 (90%)$6,97577 (95%)$15,906
2019-2036 (97%)$6,56235 (95%)$11,119
2020-2153 (83%)$7,49756 (88%)$13,964
2021-2233 (79%)$6,63333 (79%)$16,431
Average45 (86.44%)$6,16246 (86.33%)$11,421
*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, 42 (79.56 % of students) received Pell (federal) grants and its average amount is $5,982.
In addition, 3 students received State/local government grants/scholarships (4.80 % 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
2013-1440 (80%)$4,73712 (24%)$4002 (4%)$6,2095 (10%)$480
2014-1530 (91%)$5,05812 (36%)$400----
2015-1620 (74%)$5,30812 (44%)$600--1 (4%)$871
2016-1746 (68%)$5,2128 (12%)$600--4 (6%)$1,275
2017-1863 (90%)$6,26021 (30%)$6005 (7%)$18,2734 (6%)$1,050
2018-1969 (85%)$6,53139 (48%)$6035 (6%)$4,92320 (25%)$520
2019-2031 (84%)$6,60429 (78%)$838--18 (49%)$400
2020-2147 (73%)$7,32645 (70%)$7133 (5%)$5,06911 (17%)$523
2021-2230 (71%)$6,80324 (57%)$3001 (2%)$4,0005 (12%)$720
Average42 (79.56%)$5,98222 (44.33%)$5623 (4.80%)$7,6959 (16.13%)$730
*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, 46 (86.33 % of students) get any students loan help and its average loan amount is $46.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1441 (82%)$7,15141 (82%)$7,151--
2014-1526 (79%)$6,72426 (79%)$6,724--
2015-1621 (78%)$5,71921 (78%)$5,719--
2016-1757 (84%)$9,63457 (84%)$8,82424 (35%)$1,925
2017-1868 (97%)$16,14268 (97%)$12,37248 (69%)$5,341
2018-1977 (95%)$15,90675 (93%)$11,23168 (84%)$5,623
2019-2035 (95%)$11,11934 (92%)$9,73519 (51%)$3,061
2020-2156 (88%)$13,96450 (78%)$10,34541 (64%)$6,456
2021-2233 (79%)$16,43129 (69%)$11,32221 (50%)$10,185
Average46 (86.33%)$11,42145 (83.56%)$9,26937 (58.83%)$5,432
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