Scholarships, Grants, and Loan Trends at Fairmont State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,584, which is 70.44 % of all undergraduate students. 2,225 students which is 60.44% of undergraduate students received federal student loans and the average loan amount is $6,494.
For full-time, first-time beginning students (freshmen), 84.33% of students received grants or scholarships and 63% 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 Fairmont State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,584, which is 70.44 % of all undergraduate students. 2,225 students which is 60.44% of undergraduate students received federal student loans and the average loan amount is $6,494.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,850 (72%)$6,8871,860 (47%)$4,1512,476 (63%)$6,946
2014-152,680 (71%)$6,6091,903 (50%)$3,9462,692 (71%)$6,820
2015-162,467 (65%)$6,0491,630 (43%)$4,1582,413 (63%)$7,300
2016-172,466 (65%)$6,3981,595 (42%)$4,1652,330 (61%)$7,556
2017-182,433 (66%)$7,1991,492 (41%)$4,6792,048 (56%)$6,429
2018-192,704 (74%)$7,1291,528 (42%)$4,7762,021 (55%)$6,527
2019-202,722 (76%)$7,4781,391 (39%)$4,8421,861 (52%)$6,389
2020-212,537 (71%)$6,9051,279 (36%)$4,9101,725 (48%)$6,317
2021-222,399 (74%)$6,6471,152 (35%)$4,2472,457 (75%)$4,163
Average2,584 (70.44%)$6,8111,537 (41.67%)$4,4302,225 (60.44%)$6,494

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

For the last 10 years, on average, 628 (84.33 % of students) received grants or scholarships and its average amount is $6,885. It can cover 37.48% of tuition & fees ($18,372) based on out-of-state rate.
In addition, 466 (63.22 % of students) students get helped from the students loans (average amount : $5,965).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14558 (75%)$6,512457 (62%)$5,704
2014-15548 (81%)$6,459440 (65%)$5,782
2015-16579 (72%)$6,760493 (61%)$7,066
2016-17577 (73%)$7,045480 (61%)$7,550
2017-18604 (81%)$7,771436 (58%)$5,626
2018-19771 (95%)$7,034470 (58%)$5,969
2019-20705 (94%)$7,248411 (55%)$5,925
2020-21723 (94%)$6,593418 (54%)$6,285
2021-22583 (94%)$6,547587 (95%)$3,775
Average628 (84.33%)$6,885466 (63.22%)$5,965
*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, 344 (46.00 % of students) received Pell (federal) grants and its average amount is $4,520.
In addition, 460 students received State/local government grants/scholarships (61.67 % 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
2013-14356 (48%)$4,30028 (4%)$928432 (58%)$3,737286 (39%)$1,617
2014-15334 (49%)$4,23737 (5%)$960425 (63%)$3,568284 (42%)$2,016
2015-16368 (45%)$4,12848 (6%)$692489 (60%)$3,741245 (30%)$2,174
2016-17386 (49%)$4,35561 (8%)$645476 (60%)$3,815225 (28%)$2,350
2017-18343 (46%)$4,66975 (10%)$620477 (64%)$3,747326 (44%)$3,860
2018-19388 (48%)$4,82678 (10%)$649510 (63%)$3,776629 (78%)$2,503
2019-20343 (46%)$4,97865 (9%)$939496 (66%)$3,909636 (85%)$2,204
2020-21314 (41%)$4,771124 (16%)$525436 (57%)$3,930625 (81%)$2,384
2021-22260 (42%)$4,41284 (14%)$538396 (64%)$3,717516 (83%)$2,234
Average344 (46.00%)$4,52067 (9.11%)$722460 (61.67%)$3,771419 (56.67%)$2,371
*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, 466 (63.22 % of students) get any students loan help and its average loan amount is $466.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14457 (62%)$5,704457 (62%)$5,15430 (4%)$8,378
2014-15440 (65%)$5,782438 (64%)$5,16632 (5%)$8,793
2015-16493 (61%)$7,066490 (61%)$6,64627 (3%)$8,392
2016-17480 (61%)$7,550472 (60%)$6,97538 (5%)$8,734
2017-18436 (58%)$5,626432 (58%)$5,03129 (4%)$9,647
2018-19470 (58%)$5,969464 (57%)$5,11645 (6%)$9,596
2019-20411 (55%)$5,925408 (54%)$5,06339 (5%)$9,481
2020-21418 (54%)$6,285409 (53%)$4,99649 (6%)$11,907
2021-22587 (95%)$3,775586 (95%)$3,10334 (5%)$11,695
Average466 (63.22%)$5,965462 (62.67%)$5,25036 (4.78%)$9,625
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