How Embry-Riddle Aeronautical University-Prescott'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-Prescott since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,235, which is 88.11 % of all undergraduate students. 1,107 students which is 44.89% of undergraduate students received federal student loans and the average loan amount is $6,812.

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	1,516 (81%)	$12,441	470 (25%)	$4,203	975 (52%)	$7,238
2014-15	1,720 (87%)	$12,937	522 (26%)	$4,139	1,003 (51%)	$7,163
2015-16	1,944 (88%)	$16,342	563 (26%)	$4,258	1,074 (49%)	$7,251
2016-17	1,996 (84%)	$14,702	573 (24%)	$4,349	1,135 (48%)	$6,833
2017-18	2,304 (88%)	$16,509	656 (25%)	$5,000	1,234 (47%)	$7,232
2018-19	2,520 (92%)	$20,443	637 (23%)	$4,710	1,193 (44%)	$6,594
2019-20	2,668 (92%)	$16,017	589 (20%)	$4,754	1,161 (40%)	$6,489
2020-21	2,708 (91%)	$18,220	563 (19%)	$5,014	1,128 (38%)	$6,284
2021-22	2,737 (90%)	$19,541	540 (18%)	$4,982	1,060 (35%)	$6,226
Average	2,235 (88.11%)	$16,350	568 (22.89%)	$4,601	1,107 (44.89%)	$6,812

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

Overview

For the last 10 years, on average, 600 (95.44 % of students) received grants or scholarships and its average amount is $17,015. It can cover 40.32% of tuition & fees ($42,204).

In addition, 346 (56.00 % of students) students get helped from the students loans (average amount : $13,790).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	411 (93%)	$15,028	270 (61%)	$8,694
2014-15	474 (94%)	$14,155	290 (58%)	$11,661
2015-16	557 (96%)	$16,275	334 (58%)	$12,786
2016-17	572 (95%)	$15,756	371 (62%)	$13,573
2017-18	649 (96%)	$17,633	357 (53%)	$13,168
2018-19	589 (97%)	$16,064	351 (58%)	$15,628
2019-20	731 (97%)	$18,630	383 (51%)	$17,221
2020-21	694 (94%)	$19,062	381 (52%)	$15,723
2021-22	721 (97%)	$20,536	376 (51%)	$15,653
Average	600 (95.44%)	$17,015	346 (56.00%)	$13,790

^*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, 135 (21.89 % of students) received Pell (federal) grants and its average amount is $4,453.

In addition, 3 students received State/local government grants/scholarships (1.00 % 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	116 (26%)	$4,230	2 (0%)	$3,000	-	-	409 (92%)	$13,888
2014-15	109 (22%)	$3,957	11 (2%)	$1,986	4 (1%)	$438	470 (93%)	$13,308
2015-16	139 (24%)	$4,174	16 (3%)	$2,358	4 (1%)	$1,323	557 (96%)	$15,156
2016-17	137 (23%)	$4,313	13 (2%)	$2,985	2 (0%)	$1,068	560 (93%)	$14,965
2017-18	143 (21%)	$4,823	17 (3%)	$3,353	-	-	639 (94%)	$16,740
2018-19	148 (24%)	$4,631	23 (4%)	$3,026	-	-	567 (93%)	$15,355
2019-20	131 (17%)	$4,461	183 (24%)	$1,997	-	-	729 (97%)	$17,378
2020-21	154 (21%)	$4,599	138 (19%)	$2,250	2 (0%)	$2,522	687 (93%)	$17,766
2021-22	138 (19%)	$4,889	300 (40%)	$3,725	-	-	711 (96%)	$18,304
Average	135 (21.89%)	$4,453	78 (12.13%)	$2,742	3 (1.00%)	$1,338	592 (94.11%)	$15,873

^*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, 346 (56.00 % of students) get any students loan help and its average loan amount is $346.

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	270 (61%)	$8,694	260 (59%)	$5,314	44 (10%)	$21,949
2014-15	290 (58%)	$11,661	274 (54%)	$5,672	80 (16%)	$22,844
2015-16	334 (58%)	$12,786	326 (56%)	$5,809	102 (18%)	$23,303
2016-17	371 (62%)	$13,573	350 (58%)	$5,613	130 (22%)	$23,622
2017-18	357 (53%)	$13,168	334 (49%)	$5,614	119 (18%)	$23,746
2018-19	351 (58%)	$15,628	320 (53%)	$5,277	141 (23%)	$26,929
2019-20	383 (51%)	$17,221	331 (44%)	$5,482	170 (23%)	$28,123
2020-21	381 (52%)	$15,723	341 (46%)	$5,190	145 (20%)	$29,106
2021-22	376 (51%)	$15,653	339 (46%)	$5,226	143 (19%)	$28,767
Average	346 (56.00%)	$13,790	319 (51.67%)	$5,466	119 (18.78%)	$25,377

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

All Undergraduate Students Financial Aid Over Time

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