How Eastern Michigan'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 Eastern Michigan University since 2013.

For that period, the average number of students who received grants aid/scholarships is 11,616, which is 70.67 % of all undergraduate students. 10,138 students which is 60.22% of undergraduate students received federal student loans and the average loan amount is $8,154.

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	13,081 (68%)	$5,879	8,426 (44%)	$4,319	14,047 (73%)	$8,848
2014-15	13,129 (72%)	$6,048	8,047 (44%)	$4,324	13,189 (72%)	$8,869
2015-16	12,969 (72%)	$6,632	7,672 (43%)	$4,344	12,488 (70%)	$8,758
2016-17	12,836 (73%)	$6,702	7,180 (41%)	$4,319	11,890 (67%)	$8,699
2017-18	12,610 (73%)	$7,110	7,097 (41%)	$4,590	11,048 (64%)	$8,680
2018-19	11,325 (71%)	$7,297	6,309 (39%)	$4,656	8,562 (53%)	$7,193
2019-20	10,247 (68%)	$7,711	5,777 (38%)	$4,883	7,766 (51%)	$7,476
2020-21	9,350 (68%)	$8,033	4,879 (35%)	$4,987	6,400 (46%)	$7,435
2021-22	8,996 (71%)	$8,397	4,752 (37%)	$5,040	5,849 (46%)	$7,428
Average	11,616 (70.67%)	$7,090	6,682 (40.22%)	$4,607	10,138 (60.22%)	$8,154

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

Overview

For the last 10 years, on average, 2,370 (95.56 % of students) received grants or scholarships and its average amount is $8,271. It can cover 50.87% of tuition & fees ($16,260) based on out-of-state rate.

In addition, 1,496 (59.67 % of students) students get helped from the students loans (average amount : $6,431).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,720 (96%)	$6,949	1,891 (66%)	$6,570
2014-15	2,438 (97%)	$7,205	1,688 (67%)	$6,388
2015-16	2,727 (96%)	$7,901	1,769 (62%)	$6,168
2016-17	2,665 (96%)	$7,531	1,742 (63%)	$6,362
2017-18	2,694 (97%)	$7,916	1,671 (60%)	$6,418
2018-19	2,265 (95%)	$8,296	1,419 (60%)	$6,368
2019-20	1,970 (93%)	$9,515	1,243 (59%)	$6,768
2020-21	1,709 (95%)	$9,182	883 (49%)	$6,312
2021-22	2,141 (95%)	$9,945	1,154 (51%)	$6,529
Average	2,370 (95.56%)	$8,271	1,496 (59.67%)	$6,431

^*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, 1,164 (46.89 % of students) received Pell (federal) grants and its average amount is $4,782.

In addition, 192 students received State/local government grants/scholarships (7.44 % 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	1,352 (47%)	$4,492	381 (13%)	$745	343 (12%)	$601	2,571 (90%)	$4,799
2014-15	1,187 (47%)	$4,510	320 (13%)	$782	248 (10%)	$671	2,321 (92%)	$5,083
2015-16	1,356 (48%)	$4,631	403 (14%)	$786	212 (7%)	$609	2,615 (92%)	$5,668
2016-17	1,301 (47%)	$4,629	443 (16%)	$761	312 (11%)	$735	2,549 (92%)	$5,289
2017-18	1,331 (48%)	$4,731	488 (18%)	$781	179 (6%)	$1,037	2,597 (93%)	$5,569
2018-19	1,085 (46%)	$4,862	355 (15%)	$790	137 (6%)	$1,104	2,151 (91%)	$6,082
2019-20	974 (46%)	$4,960	313 (15%)	$1,383	121 (6%)	$1,081	1,861 (88%)	$7,174
2020-21	768 (43%)	$5,030	321 (18%)	$1,598	99 (6%)	$980	1,589 (88%)	$7,061
2021-22	1,121 (50%)	$5,189	395 (18%)	$832	73 (3%)	$973	2,088 (93%)	$7,220
Average	1,164 (46.89%)	$4,782	380 (15.56%)	$940	192 (7.44%)	$866	2,260 (91.00%)	$5,994

^*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, 1,496 (59.67 % of students) get any students loan help and its average loan amount is $1,496.

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	1,891 (66%)	$6,570	1,887 (66%)	$6,293	77 (3%)	$7,124
2014-15	1,688 (67%)	$6,388	1,680 (67%)	$6,145	73 (3%)	$6,308
2015-16	1,769 (62%)	$6,168	1,760 (62%)	$5,904	70 (2%)	$7,423
2016-17	1,742 (63%)	$6,362	1,719 (62%)	$5,887	116 (4%)	$8,301
2017-18	1,671 (60%)	$6,418	1,650 (59%)	$5,792	123 (4%)	$9,502
2018-19	1,419 (60%)	$6,368	1,400 (59%)	$5,614	117 (5%)	$10,054
2019-20	1,243 (59%)	$6,768	1,229 (58%)	$5,854	110 (5%)	$11,073
2020-21	883 (49%)	$6,312	867 (48%)	$5,579	61 (3%)	$12,079
2021-22	1,154 (51%)	$6,529	1,138 (51%)	$5,720	95 (4%)	$10,785
Average	1,496 (59.67%)	$6,431	1,481 (59.11%)	$5,865	94 (3.67%)	$9,183

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Scholarships, Grants, and Loan Trends at Eastern Michigan

All Undergraduate Students Financial Aid Over Time

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