Scholarships, Grants, and Loan Trends at ECSU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,186, which is 67.78 % of all undergraduate students. 2,892 students which is 60.78% of undergraduate students received federal student loans and the average loan amount is $6,757.
For full-time, first-time beginning students (freshmen), 79.00% of students received grants or scholarships and 71% 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 Eastern Connecticut State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,186, which is 67.78 % of all undergraduate students. 2,892 students which is 60.78% of undergraduate students received federal student loans and the average loan amount is $6,757.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,466 (48%)$5,6891,426 (28%)$4,1743,183 (61%)$7,052
2014-152,470 (52%)$5,5191,422 (30%)$4,2013,145 (66%)$7,011
2015-162,735 (57%)$6,1901,517 (32%)$4,4403,187 (67%)$6,827
2016-172,947 (61%)$6,3651,528 (32%)$4,4323,148 (65%)$6,826
2017-183,187 (68%)$7,0591,603 (34%)$4,5302,991 (64%)$6,836
2018-193,472 (69%)$7,4271,670 (33%)$4,6203,021 (60%)$6,732
2019-203,800 (79%)$7,2281,534 (32%)$4,7412,782 (58%)$6,677
2020-213,869 (86%)$7,0051,369 (31%)$4,7072,384 (53%)$6,421
2021-223,730 (90%)$8,6261,217 (29%)$4,9412,183 (53%)$6,432
Average3,186 (67.78%)$6,7901,476 (31.22%)$4,5322,892 (60.78%)$6,757

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

For the last 10 years, on average, 712 (79.00 % of students) received grants or scholarships and its average amount is $8,001. It can cover 48.13% of tuition & fees ($16,624) based on out-of-state rate.
In addition, 643 (70.56 % of students) students get helped from the students loans (average amount : $7,014).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14534 (55%)$7,622688 (71%)$7,321
2014-15475 (55%)$6,591639 (73%)$6,335
2015-16748 (77%)$7,111744 (76%)$7,121
2016-17746 (75%)$6,663717 (72%)$7,483
2017-18728 (79%)$8,145656 (72%)$7,090
2018-19804 (83%)$7,960688 (71%)$6,933
2019-20794 (92%)$8,244618 (72%)$7,356
2020-21797 (95%)$8,680520 (62%)$7,066
2021-22780 (100%)$10,993520 (66%)$6,421
Average712 (79.00%)$8,001643 (70.56%)$7,014
*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, 298 (32.78 % of students) received Pell (federal) grants and its average amount is $4,589.
In addition, 141 students received State/local government grants/scholarships (15.78 % 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
2013-14258 (27%)$4,27493 (10%)$617201 (21%)$3,125468 (49%)$4,876
2014-15221 (25%)$4,32174 (8%)$381141 (16%)$3,206406 (47%)$4,176
2015-16340 (35%)$4,578137 (14%)$457102 (10%)$3,828693 (71%)$4,775
2016-17322 (32%)$4,40499 (10%)$38970 (7%)$3,413715 (72%)$4,581
2017-18329 (36%)$4,70329 (3%)$1,588138 (15%)$4,128717 (78%)$5,253
2018-19357 (37%)$4,68295 (10%)$1,041174 (18%)$3,838783 (81%)$5,059
2019-20315 (36%)$4,833673 (78%)$717101 (12%)$4,164678 (78%)$6,077
2020-21275 (33%)$4,615686 (82%)$960122 (15%)$2,554783 (93%)$5,975
2021-22265 (34%)$4,890766 (98%)$1,823216 (28%)$2,650724 (92%)$7,334
Average298 (32.78%)$4,589295 (34.78%)$886141 (15.78%)$3,434663 (73.44%)$5,345
*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, 643 (70.56 % of students) get any students loan help and its average loan amount is $643.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14688 (71%)$7,321685 (71%)$5,90088 (9%)$11,310
2014-15639 (73%)$6,335638 (73%)$5,60643 (5%)$10,966
2015-16744 (76%)$7,121734 (75%)$5,472111 (11%)$11,548
2016-17717 (72%)$7,483715 (72%)$5,720109 (11%)$11,704
2017-18656 (72%)$7,090650 (71%)$5,69776 (8%)$12,469
2018-19688 (71%)$6,933685 (71%)$5,37890 (9%)$12,063
2019-20618 (72%)$7,356613 (71%)$5,37999 (11%)$12,610
2020-21520 (62%)$7,066513 (61%)$5,28577 (9%)$12,507
2021-22520 (66%)$6,421517 (66%)$5,24154 (7%)$11,659
Average643 (70.56%)$7,014639 (70.11%)$5,52083 (8.89%)$11,871
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