How ECU'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 East Central University since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,373, which is 72.44 % of all undergraduate students. 1,194 students which is 36.33% of undergraduate students received federal student loans and the average loan amount is $6,522.

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	2,436 (65%)	$6,506	1,746 (46%)	$4,494	1,540 (41%)	$6,351
2014-15	2,981 (81%)	$7,150	1,642 (45%)	$4,624	1,481 (40%)	$6,208
2015-16	3,051 (82%)	$7,213	1,564 (42%)	$4,567	1,360 (37%)	$6,291
2016-17	2,855 (81%)	$7,329	1,475 (42%)	$4,421	1,377 (39%)	$6,865
2017-18	2,066 (67%)	$6,256	1,357 (44%)	$4,625	1,183 (38%)	$6,572
2018-19	1,948 (66%)	$6,754	1,264 (43%)	$5,023	1,078 (37%)	$6,635
2019-20	1,943 (65%)	$6,803	1,274 (43%)	$5,064	1,005 (34%)	$6,444
2020-21	1,857 (63%)	$6,748	1,194 (41%)	$5,167	882 (30%)	$6,852
2021-22	2,216 (82%)	$5,955	1,132 (42%)	$4,288	844 (31%)	$6,480
Average	2,373 (72.44%)	$6,746	1,405 (43.11%)	$4,697	1,194 (36.33%)	$6,522

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

Overview

For the last 10 years, on average, 423 (80.89 % of students) received grants or scholarships and its average amount is $6,560. It can cover 37.40% of tuition & fees ($17,542) based on out-of-state rate.

In addition, 179 (34.44 % of students) students get helped from the students loans (average amount : $4,874).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	424 (71%)	$6,377	200 (34%)	$4,752
2014-15	474 (83%)	$7,526	209 (37%)	$4,488
2015-16	622 (85%)	$6,882	233 (32%)	$4,575
2016-17	529 (91%)	$6,413	182 (31%)	$4,691
2017-18	346 (76%)	$5,618	173 (38%)	$4,604
2018-19	336 (78%)	$6,092	191 (44%)	$5,002
2019-20	382 (80%)	$5,655	177 (37%)	$5,123
2020-21	331 (75%)	$5,623	129 (29%)	$5,100
2021-22	362 (89%)	$8,853	113 (28%)	$5,528
Average	423 (80.89%)	$6,560	179 (34.44%)	$4,874

^*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, 245 (47.44 % of students) received Pell (federal) grants and its average amount is $4,773.

In addition, 188 students received State/local government grants/scholarships (36.89 % 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	280 (47%)	$4,548	13 (2%)	$651	199 (33%)	$3,084	241 (40%)	$3,354
2014-15	273 (48%)	$4,568	8 (1%)	$617	214 (38%)	$3,422	315 (55%)	$5,025
2015-16	294 (40%)	$4,589	11 (2%)	$691	219 (30%)	$3,744	411 (56%)	$5,118
2016-17	242 (41%)	$4,329	9 (2%)	$633	170 (29%)	$4,043	340 (58%)	$4,858
2017-18	238 (52%)	$4,644	23 (5%)	$661	164 (36%)	$4,343	84 (19%)	$1,324
2018-19	234 (54%)	$5,014	23 (5%)	$709	165 (38%)	$3,682	121 (28%)	$2,064
2019-20	257 (54%)	$5,130	23 (5%)	$739	174 (36%)	$3,983	91 (19%)	$1,449
2020-21	210 (47%)	$5,238	30 (7%)	$737	135 (30%)	$4,015	130 (29%)	$1,516
2021-22	181 (44%)	$4,899	28 (7%)	$743	255 (62%)	$4,171	207 (51%)	$5,959
Average	245 (47.44%)	$4,773	19 (4.00%)	$687	188 (36.89%)	$3,832	216 (39.44%)	$3,407

^*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, 179 (34.44 % of students) get any students loan help and its average loan amount is $179.

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	200 (34%)	$4,752	200 (34%)	$4,602	4 (1%)	$7,500
2014-15	209 (37%)	$4,488	207 (36%)	$4,362	5 (1%)	$7,008
2015-16	233 (32%)	$4,575	230 (31%)	$4,377	10 (1%)	$5,938
2016-17	182 (31%)	$4,691	181 (31%)	$4,560	6 (1%)	$4,725
2017-18	173 (38%)	$4,604	169 (37%)	$4,495	6 (1%)	$6,150
2018-19	191 (44%)	$5,002	179 (42%)	$4,695	14 (3%)	$8,200
2019-20	177 (37%)	$5,123	163 (34%)	$4,759	16 (3%)	$8,199
2020-21	129 (29%)	$5,100	120 (27%)	$4,799	9 (2%)	$9,117
2021-22	113 (28%)	$5,528	112 (27%)	$5,201	5 (1%)	$8,429
Average	179 (34.44%)	$4,874	173 (33.22%)	$4,650	8 (1.56%)	$7,252

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Scholarships, Grants, and Loan Trends at ECU

All Undergraduate Students Financial Aid Over Time

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