How Faulkner'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 Faulkner University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,813, which is 75.00 % of all undergraduate students. 1,576 students which is 65.00% of undergraduate students received federal student loans and the average loan amount is $8,287.

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	2,131 (81%)	$7,019	1,521 (58%)	$4,063	1,898 (73%)	$8,308
2014-15	2,145 (80%)	$7,638	1,494 (56%)	$4,257	1,897 (71%)	$7,888
2015-16	1,364 (53%)	$7,650	1,212 (47%)	$4,860	1,783 (70%)	$8,724
2016-17	1,953 (76%)	$8,421	1,315 (51%)	$4,265	1,671 (65%)	$7,781
2017-18	1,946 (73%)	$8,858	1,306 (49%)	$4,607	1,600 (60%)	$7,571
2018-19	1,781 (73%)	$9,618	1,185 (49%)	$4,541	1,480 (61%)	$8,680
2019-20	1,904 (85%)	$9,413	1,122 (50%)	$4,523	1,430 (64%)	$8,560
2020-21	1,617 (77%)	$11,347	963 (46%)	$4,783	1,258 (60%)	$8,333
2021-22	1,475 (77%)	$11,375	886 (46%)	$4,827	1,171 (61%)	$8,735
Average	1,813 (75.00%)	$9,038	1,223 (50.22%)	$4,525	1,576 (65.00%)	$8,287

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

Overview

For the last 10 years, on average, 278 (98.56 % of students) received grants or scholarships and its average amount is $13,347. It can cover 55.80% of tuition & fees ($23,920).

In addition, 213 (75.44 % of students) students get helped from the students loans (average amount : $7,536).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	272 (95%)	$10,530	210 (73%)	$6,380
2014-15	381 (100%)	$10,420	296 (78%)	$6,452
2015-16	279 (100%)	$10,589	219 (78%)	$5,841
2016-17	304 (99%)	$12,340	223 (73%)	$6,218
2017-18	309 (98%)	$12,594	237 (75%)	$5,946
2018-19	251 (99%)	$14,211	203 (80%)	$8,916
2019-20	256 (99%)	$16,194	197 (76%)	$9,426
2020-21	273 (99%)	$17,008	205 (74%)	$9,338
2021-22	176 (98%)	$16,238	129 (72%)	$9,307
Average	278 (98.56%)	$13,347	213 (75.44%)	$7,536

^*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, 150 (53.44 % of students) received Pell (federal) grants and its average amount is $4,605.

In addition, 194 students received State/local government grants/scholarships (67.67 % 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	144 (50%)	$3,914	100 (35%)	$897	156 (54%)	$561	265 (92%)	$8,013
2014-15	206 (54%)	$4,219	104 (27%)	$984	360 (94%)	$465	347 (91%)	$8,159
2015-16	152 (54%)	$4,993	83 (30%)	$1,075	187 (67%)	$504	253 (91%)	$7,952
2016-17	165 (54%)	$4,390	112 (36%)	$1,018	181 (59%)	$1,108	284 (93%)	$9,551
2017-18	173 (55%)	$4,582	160 (51%)	$787	203 (64%)	$909	297 (94%)	$9,390
2018-19	139 (55%)	$4,493	119 (47%)	$912	163 (64%)	$1,032	233 (92%)	$11,441
2019-20	128 (50%)	$4,751	226 (88%)	$1,972	185 (72%)	$1,429	236 (91%)	$11,981
2020-21	136 (49%)	$5,064	123 (44%)	$1,919	190 (69%)	$1,232	259 (94%)	$13,452
2021-22	107 (60%)	$5,043	89 (50%)	$935	118 (66%)	$1,804	159 (89%)	$12,718
Average	150 (53.44%)	$4,605	124 (45.33%)	$1,167	194 (67.67%)	$1,005	259 (91.89%)	$10,295

^*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, 213 (75.44 % of students) get any students loan help and its average loan amount is $213.

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	210 (73%)	$6,380	204 (71%)	$6,320	6 (2%)	$8,434
2014-15	296 (78%)	$6,452	295 (77%)	$6,206	8 (2%)	$9,901
2015-16	219 (78%)	$5,841	214 (77%)	$5,779	5 (2%)	$8,505
2016-17	223 (73%)	$6,218	222 (72%)	$5,787	9 (3%)	$11,333
2017-18	237 (75%)	$5,946	236 (75%)	$5,551	10 (3%)	$9,912
2018-19	203 (80%)	$8,916	203 (80%)	$8,579	8 (3%)	$8,561
2019-20	197 (76%)	$9,426	194 (75%)	$8,583	15 (6%)	$12,787
2020-21	205 (74%)	$9,338	204 (74%)	$8,687	12 (4%)	$11,836
2021-22	129 (72%)	$9,307	128 (72%)	$8,648	9 (5%)	$10,413
Average	213 (75.44%)	$7,536	211 (74.78%)	$7,127	9 (3.33%)	$10,187

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Scholarships, Grants, and Loan Trends at Faulkner

All Undergraduate Students Financial Aid Over Time

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