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

For that period, the average number of students who received grants aid/scholarships is 4,466, which is 44.56 % of all undergraduate students. 1,530 students which is 15.22% of undergraduate students received federal student loans and the average loan amount is $7,529.

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	3,511 (34%)	$2,093	2,182 (21%)	$2,891	1,531 (15%)	$8,109
2014-15	7,758 (80%)	$900	2,818 (29%)	$1,718	2,666 (27%)	$5,716
2015-16	5,573 (57%)	$1,673	2,531 (26%)	$3,124	1,469 (15%)	$7,987
2016-17	3,242 (32%)	$2,469	2,543 (25%)	$2,875	1,481 (15%)	$7,488
2017-18	4,105 (39%)	$3,981	2,664 (25%)	$4,400	1,421 (14%)	$10,679
2018-19	4,051 (39%)	$2,543	2,854 (27%)	$3,196	1,416 (14%)	$7,281
2019-20	4,559 (44%)	$2,392	2,760 (27%)	$3,272	1,652 (16%)	$5,764
2020-21	3,267 (32%)	$2,970	2,469 (24%)	$3,286	1,153 (11%)	$7,456
2021-22	4,124 (44%)	$2,515	2,334 (25%)	$3,172	979 (10%)	$7,279
Average	4,466 (44.56%)	$2,393	2,573 (25.44%)	$3,104	1,530 (15.22%)	$7,529

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

Overview

For the last 10 years, on average, 48 (49.11 % of students) received grants or scholarships and its average amount is $3,702. It can cover 31.74% of tuition & fees ($11,665).

In addition, 17 (18.89 % of students) students get helped from the students loans (average amount : $7,052).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	35 (47%)	$3,582	13 (18%)	$7,995
2014-15	43 (57%)	$3,570	13 (17%)	$7,520
2015-16	30 (42%)	$3,414	22 (31%)	$7,891
2016-17	27 (39%)	$3,034	17 (24%)	$6,905
2017-18	48 (56%)	$4,022	21 (24%)	$7,710
2018-19	50 (46%)	$2,964	18 (17%)	$5,557
2019-20	68 (67%)	$4,184	16 (16%)	$6,352
2020-21	67 (36%)	$4,771	21 (11%)	$6,470
2021-22	64 (52%)	$3,776	15 (12%)	$7,067
Average	48 (49.11%)	$3,702	17 (18.89%)	$7,052

^*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, 30 (32.00 % of students) received Pell (federal) grants and its average amount is $4,288.

In addition, 4 students received State/local government grants/scholarships (3.75 % 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	27 (36%)	$4,395	-	-	2 (3%)	$2,513	10 (14%)	$170
2014-15	26 (35%)	$4,484	-	-	5 (7%)	$3,392	26 (35%)	$768
2015-16	23 (32%)	$4,234	-	-	-	-	15 (21%)	$337
2016-17	21 (30%)	$3,456	-	-	3 (4%)	$2,880	6 (9%)	$117
2017-18	32 (37%)	$4,497	-	-	3 (3%)	$2,866	27 (31%)	$1,502
2018-19	37 (34%)	$3,541	-	-	2 (2%)	$4,314	15 (14%)	$570
2019-20	39 (39%)	$4,931	-	-	4 (4%)	$3,721	42 (42%)	$1,841
2020-21	42 (23%)	$4,303	18 (10%)	$406	8 (4%)	$4,931	45 (24%)	$2,048
2021-22	27 (22%)	$4,750	-	-	4 (3%)	$3,932	53 (43%)	$1,844
Average	30 (32.00%)	$4,288	18 (10.00%)	$406	4 (3.75%)	$3,569	27 (25.89%)	$1,022

^*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, 17 (18.89 % of students) get any students loan help and its average loan amount is $17.

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	13 (18%)	$7,995	13 (18%)	$7,995	-	-
2014-15	13 (17%)	$7,520	13 (17%)	$7,520	-	-
2015-16	22 (31%)	$7,891	22 (31%)	$7,891	-	-
2016-17	17 (24%)	$6,905	17 (24%)	$6,479	2 (3%)	$3,625
2017-18	21 (24%)	$7,710	21 (24%)	$7,710	-	-
2018-19	18 (17%)	$5,557	18 (17%)	$5,168	1 (1%)	$7,000
2019-20	16 (16%)	$6,352	16 (16%)	$6,352	-	-
2020-21	21 (11%)	$6,470	21 (11%)	$5,756	1 (1%)	$15,000
2021-22	15 (12%)	$7,067	15 (12%)	$5,172	2 (2%)	$14,213
Average	17 (18.89%)	$7,052	17 (18.89%)	$6,671	2 (1.75%)	$9,960

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

All Undergraduate Students Financial Aid Over Time

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