How Embry-Riddle Aeronautical University-Daytona Beach'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 Embry-Riddle Aeronautical University-Daytona Beach since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,904, which is 80.33 % of all undergraduate students. 2,659 students which is 44.89% of undergraduate students received federal student loans and the average loan amount is $7,114.

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	3,589 (78%)	$11,295	1,326 (29%)	$4,232	2,408 (52%)	$8,177
2014-15	4,033 (81%)	$12,264	1,476 (30%)	$4,213	2,614 (53%)	$6,998
2015-16	4,408 (84%)	$18,008	1,516 (29%)	$4,363	2,619 (50%)	$7,756
2016-17	4,494 (83%)	$13,751	1,456 (27%)	$4,385	2,588 (48%)	$6,962
2017-18	4,935 (86%)	$28,661	1,556 (27%)	$5,081	2,801 (49%)	$7,717
2018-19	5,066 (85%)	$15,688	1,571 (26%)	$4,988	2,681 (45%)	$6,909
2019-20	5,587 (87%)	$15,898	1,562 (24%)	$4,849	2,817 (44%)	$6,622
2020-21	5,771 (69%)	$21,020	1,529 (18%)	$5,214	2,729 (33%)	$6,697
2021-22	6,249 (70%)	$21,631	1,516 (17%)	$5,074	2,670 (30%)	$6,189
Average	4,904 (80.33%)	$17,580	1,501 (25.22%)	$4,711	2,659 (44.89%)	$7,114

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

Overview

For the last 10 years, on average, 1,323 (95.33 % of students) received grants or scholarships and its average amount is $17,094. It can cover 40.41% of tuition & fees ($42,304).

In addition, 782 (57.00 % of students) students get helped from the students loans (average amount : $13,524).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	914 (97%)	$12,172	598 (63%)	$13,131
2014-15	1,108 (92%)	$15,869	705 (58%)	$10,940
2015-16	1,201 (95%)	$16,487	744 (59%)	$12,094
2016-17	1,189 (95%)	$15,100	753 (60%)	$11,795
2017-18	1,303 (96%)	$19,125	813 (60%)	$12,561
2018-19	1,342 (95%)	$16,890	747 (53%)	$14,818
2019-20	1,630 (96%)	$17,559	919 (54%)	$15,636
2020-21	1,421 (95%)	$20,273	807 (54%)	$15,262
2021-22	1,800 (97%)	$20,372	953 (52%)	$15,475
Average	1,323 (95.33%)	$17,094	782 (57.00%)	$13,524

^*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, 363 (26.78 % of students) received Pell (federal) grants and its average amount is $4,716.

In addition, 421 students received State/local government grants/scholarships (30.00 % 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	294 (31%)	$4,271	31 (3%)	$2,774	245 (26%)	$3,808	863 (92%)	$10,256
2014-15	353 (29%)	$4,456	52 (4%)	$3,046	342 (28%)	$4,157	1,086 (90%)	$13,287
2015-16	354 (28%)	$4,468	48 (4%)	$3,813	398 (31%)	$4,402	1,174 (92%)	$13,871
2016-17	321 (26%)	$4,532	86 (7%)	$3,144	354 (28%)	$4,398	1,151 (92%)	$12,747
2017-18	377 (28%)	$4,897	105 (8%)	$3,575	423 (31%)	$6,140	1,296 (96%)	$15,510
2018-19	400 (28%)	$4,705	105 (7%)	$3,466	422 (30%)	$7,185	1,321 (94%)	$13,163
2019-20	386 (23%)	$4,852	445 (26%)	$1,857	544 (32%)	$6,692	1,599 (94%)	$13,935
2020-21	368 (25%)	$5,251	384 (26%)	$2,593	524 (35%)	$6,556	1,405 (94%)	$15,975
2021-22	418 (23%)	$5,013	778 (42%)	$4,097	539 (29%)	$6,252	1,779 (96%)	$15,749
Average	363 (26.78%)	$4,716	226 (14.11%)	$3,152	421 (30.00%)	$5,510	1,297 (93.33%)	$13,833

^*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, 782 (57.00 % of students) get any students loan help and its average loan amount is $782.

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	598 (63%)	$13,131	580 (62%)	$6,476	161 (17%)	$25,441
2014-15	705 (58%)	$10,940	690 (57%)	$6,475	127 (11%)	$25,549
2015-16	744 (59%)	$12,094	708 (56%)	$6,179	197 (16%)	$23,470
2016-17	753 (60%)	$11,795	726 (58%)	$5,713	191 (15%)	$24,786
2017-18	813 (60%)	$12,561	781 (58%)	$6,251	209 (15%)	$25,503
2018-19	747 (53%)	$14,818	694 (49%)	$5,524	258 (18%)	$28,045
2019-20	919 (54%)	$15,636	859 (51%)	$5,495	342 (20%)	$28,214
2020-21	807 (54%)	$15,262	755 (51%)	$5,508	290 (19%)	$28,129
2021-22	953 (52%)	$15,475	873 (47%)	$5,346	325 (18%)	$31,019
Average	782 (57.00%)	$13,524	741 (54.33%)	$5,885	233 (16.56%)	$26,684

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Scholarships, Grants, and Loan Trends at Embry-Riddle Aeronautical University-Daytona Beach

All Undergraduate Students Financial Aid Over Time

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