Scholarships, Grants, and Loan Trends at EIU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,630, which is 68.44 % of all undergraduate students. 3,645 students which is 53.33% of undergraduate students received federal student loans and the average loan amount is $6,703.
For full-time, first-time beginning students (freshmen), 94.89% of students received grants or scholarships and 70% 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 Illinois University since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,630, which is 68.44 % of all undergraduate students. 3,645 students which is 53.33% of undergraduate students received federal student loans and the average loan amount is $6,703.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,674 (68%)$7,2923,304 (40%)$4,0555,567 (67%)$7,250
2014-155,590 (73%)$7,6173,074 (40%)$4,1845,073 (66%)$7,176
2015-165,416 (75%)$7,5392,935 (41%)$4,1414,585 (64%)$6,929
2016-174,446 (75%)$8,0262,409 (40%)$4,1553,650 (61%)$6,657
2017-183,887 (70%)$9,0252,203 (40%)$4,5603,057 (55%)$6,742
2018-193,730 (62%)$9,2522,150 (36%)$4,5892,893 (48%)$6,527
2019-204,037 (65%)$9,4212,179 (35%)$4,5952,792 (45%)$6,416
2020-214,325 (62%)$9,6172,210 (32%)$4,7022,679 (38%)$6,401
2021-224,567 (66%)$10,2432,146 (31%)$4,7322,508 (36%)$6,230
Average4,630 (68.44%)$8,6702,512 (37.22%)$4,4133,645 (53.33%)$6,703

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

For the last 10 years, on average, 882 (94.89 % of students) received grants or scholarships and its average amount is $9,118. It can cover 58.58% of tuition & fees ($15,566) based on out-of-state rate.
In addition, 651 (69.56 % of students) students get helped from the students loans (average amount : $6,538).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,208 (91%)$6,632966 (73%)$7,220
2014-151,042 (93%)$7,605823 (73%)$7,005
2015-161,062 (94%)$7,504791 (70%)$7,163
2016-17716 (93%)$8,497558 (72%)$6,872
2017-18608 (92%)$9,641455 (69%)$6,087
2018-19752 (94%)$9,286584 (73%)$6,193
2019-20893 (98%)$10,368638 (70%)$6,098
2020-21883 (99%)$10,756558 (63%)$6,165
2021-22770 (100%)$11,773482 (63%)$6,041
Average882 (94.89%)$9,118651 (69.56%)$6,538
*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, 472 (51.44 % of students) received Pell (federal) grants and its average amount is $4,579.
In addition, 462 students received State/local government grants/scholarships (51.00 % 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
2013-14550 (41%)$4,35941 (3%)$3,386500 (38%)$3,978887 (67%)$3,931
2014-15518 (46%)$4,52731 (3%)$1,683479 (43%)$3,848785 (70%)$4,693
2015-16553 (49%)$4,35852 (5%)$1,082482 (43%)$3,950821 (72%)$4,384
2016-17394 (51%)$4,40744 (6%)$1,306363 (47%)$3,795567 (74%)$5,137
2017-18365 (55%)$4,66752 (8%)$939350 (53%)$4,167488 (74%)$5,433
2018-19454 (57%)$4,52838 (5%)$1,076455 (57%)$4,277614 (77%)$4,789
2019-20521 (57%)$4,788762 (83%)$568562 (62%)$4,534716 (78%)$5,284
2020-21484 (54%)$4,712861 (97%)$933519 (58%)$4,435744 (84%)$5,526
2021-22412 (53%)$4,865754 (98%)$2,051450 (58%)$4,675664 (86%)$5,136
Average472 (51.44%)$4,579293 (34.22%)$1,447462 (51.00%)$4,184698 (75.78%)$4,924
*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, 651 (69.56 % of students) get any students loan help and its average loan amount is $651.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14966 (73%)$7,220955 (72%)$6,23698 (7%)$10,396
2014-15823 (73%)$7,005813 (73%)$6,27371 (6%)$9,367
2015-16791 (70%)$7,163782 (69%)$5,93888 (8%)$11,619
2016-17558 (72%)$6,872550 (71%)$5,88455 (7%)$10,874
2017-18455 (69%)$6,087450 (68%)$5,49232 (5%)$9,321
2018-19584 (73%)$6,193579 (73%)$5,35352 (7%)$9,952
2019-20638 (70%)$6,098631 (69%)$5,27655 (6%)$10,205
2020-21558 (63%)$6,165550 (62%)$5,14058 (7%)$10,570
2021-22482 (63%)$6,041476 (62%)$4,95146 (6%)$12,064
Average651 (69.56%)$6,538643 (68.78%)$5,61662 (6.56%)$10,485
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