How Drew's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Drew University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,392, which is 89.22 % of all undergraduate students. 819 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $6,930.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,359 (91%)	$27,865	460 (31%)	$4,756	874 (59%)	$6,967
2014-15	1,293 (91%)	$29,509	427 (30%)	$4,794	807 (57%)	$6,721
2015-16	1,293 (89%)	$32,389	436 (30%)	$4,792	802 (55%)	$6,680
2016-17	1,338 (88%)	$33,835	446 (29%)	$4,675	840 (55%)	$6,741
2017-18	1,334 (87%)	$35,226	445 (29%)	$4,782	823 (54%)	$6,778
2018-19	1,463 (88%)	$27,507	519 (31%)	$4,929	936 (56%)	$6,590
2019-20	1,499 (88%)	$27,520	495 (29%)	$4,937	901 (53%)	$6,684
2020-21	1,474 (90%)	$26,175	496 (30%)	$5,225	761 (47%)	$6,478
2021-22	1,479 (91%)	$29,788	457 (28%)	$5,232	625 (38%)	$8,730
Average	1,392 (89.22%)	$29,979	465 (29.67%)	$4,902	819 (52.67%)	$6,930

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

Overview

For the last 10 years, on average, 359 (97.89 % of students) received grants or scholarships and its average amount is $32,499. It can cover 71.65% of tuition & fees ($45,360).

In addition, 228 (62.00 % of students) students get helped from the students loans (average amount : $6,282).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	385 (96%)	$31,543	238 (60%)	$5,643
2014-15	296 (98%)	$31,127	175 (58%)	$5,669
2015-16	352 (99%)	$36,842	239 (67%)	$5,552
2016-17	339 (97%)	$35,351	246 (70%)	$5,479
2017-18	365 (98%)	$36,801	255 (69%)	$5,653
2018-19	411 (98%)	$28,355	279 (66%)	$5,480
2019-20	389 (97%)	$30,201	257 (64%)	$5,470
2020-21	340 (99%)	$30,371	178 (52%)	$7,604
2021-22	357 (99%)	$31,901	185 (52%)	$9,988
Average	359 (97.89%)	$32,499	228 (62.00%)	$6,282

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 122 (33.22 % of students) received Pell (federal) grants and its average amount is $4,902.

In addition, 95 students received State/local government grants/scholarships (26.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	129 (32%)	$4,674	53 (13%)	$1,000	110 (28%)	$9,491	385 (96%)	$27,127
2014-15	90 (30%)	$4,817	31 (10%)	$1,484	59 (20%)	$10,263	296 (98%)	$27,461
2015-16	127 (36%)	$4,872	62 (17%)	$1,048	92 (26%)	$9,782	352 (99%)	$32,343
2016-17	116 (33%)	$4,462	45 (13%)	$1,067	81 (23%)	$9,638	339 (97%)	$31,379
2017-18	122 (33%)	$4,813	61 (16%)	$1,088	92 (25%)	$9,082	365 (98%)	$32,721
2018-19	142 (34%)	$4,924	69 (16%)	$1,130	98 (23%)	$10,227	411 (98%)	$24,025
2019-20	150 (38%)	$5,148	145 (36%)	$1,567	119 (30%)	$10,446	388 (97%)	$24,499
2020-21	121 (35%)	$5,364	117 (34%)	$2,466	115 (34%)	$8,947	340 (99%)	$24,587
2021-22	101 (28%)	$5,043	44 (12%)	$1,318	88 (25%)	$9,743	357 (99%)	$27,910
Average	122 (33.22%)	$4,902	70 (18.56%)	$1,352	95 (26.00%)	$9,735	359 (97.89%)	$28,006

^*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..

Student Loans

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, 228 (62.00 % of students) get any students loan help and its average loan amount is $228.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	238 (60%)	$5,643	238 (60%)	$5,643	-	-
2014-15	175 (58%)	$5,669	175 (58%)	$5,669	-	-
2015-16	239 (67%)	$5,552	239 (67%)	$5,552	-	-
2016-17	246 (70%)	$5,479	246 (70%)	$5,479	-	-
2017-18	255 (69%)	$5,653	255 (69%)	$5,653	-	-
2018-19	279 (66%)	$5,480	279 (66%)	$5,480	-	-
2019-20	257 (64%)	$5,470	257 (64%)	$5,470	-	-
2020-21	178 (52%)	$7,604	178 (52%)	$5,286	33 (10%)	$12,500
2021-22	185 (52%)	$9,988	185 (52%)	$5,563	43 (12%)	$19,040
Average	228 (62.00%)	$6,282	228 (62.00%)	$5,533	38 (11.00%)	$15,770

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Scholarships, Grants, and Loan Trends at Drew

All Undergraduate Students Financial Aid Over Time

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