Financial Aid Trends

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at since 2013. For that period, the average number of students who received grants aid/scholarships is 7,491,044, which is 74.22 % of all undergraduate students. 4,779,322 students which is 54.11% of undergraduate students received federal student loans and the average loan amount: $7,071.

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	7,381,139 (73%)	$9,707	4,356,324 (46%)	$3,976	5,465,947 (60%)	$7,338
2014-15	7,518,386 (74%)	$10,010	4,334,984 (46%)	$4,025	5,395,146 (59%)	$7,296
2015-16	7,382,539 (73%)	$10,486	4,129,014 (43%)	$4,078	5,158,215 (57%)	$7,211
2016-17	7,313,686 (73%)	$10,844	3,974,010 (42%)	$4,104	5,025,436 (56%)	$7,180
2017-18	7,335,780 (73%)	$11,614	3,994,342 (42%)	$4,348	4,869,889 (55%)	$7,109
2018-19	7,327,795 (73%)	$12,310	3,922,012 (41%)	$4,499	4,653,429 (53%)	$6,956
2019-20	7,648,004 (75%)	$12,752	3,860,499 (40%)	$4,576	4,483,417 (51%)	$6,911
2020-21	7,619,219 (76%)	$13,110	3,632,527 (38%)	$4,706	4,093,998 (49%)	$6,863
2021-22	7,892,848 (78%)	$13,848	3,540,026 (38%)	$4,753	3,868,417 (47%)	$6,779
Average	7,491,044 (74.22%)	$11,631	3,971,526 (41.78%)	$4,341	4,779,322 (54.11%)	$7,071

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

Overview

For the last 10 years, on average, 1,403,351 (84.78 % of students) received grants or scholarships and its average amount is $13,147. It can cover 68.98% of tuition & fees ($19,060) based on out-of-state rate. In addition, 863,617 (59.78 % of students) students get helped from the students loans (average amount : $7,110).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,340,659 (83%)	$10,768	933,878 (65%)	$7,200
2014-15	1,369,157 (84%)	$11,155	936,418 (64%)	$7,062
2015-16	1,363,903 (83%)	$11,938	907,815 (62%)	$6,989
2016-17	1,375,218 (83%)	$12,477	910,851 (61%)	$7,098
2017-18	1,409,519 (84%)	$13,263	899,150 (61%)	$7,075
2018-19	1,433,584 (85%)	$13,907	880,984 (59%)	$7,094
2019-20	1,477,508 (87%)	$14,512	841,298 (58%)	$7,216
2020-21	1,393,743 (86%)	$14,814	716,690 (54%)	$7,088
2021-22	1,466,872 (88%)	$15,493	745,466 (54%)	$7,167
Average	1,403,351 (84.78%)	$13,147	863,617 (59.78%)	$7,110

^*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, 667,606 (47.89 % of students) received Pell (federal) grants and its average amount is $4,656. In addition, 585,760 students received State/local government grants/scholarships (34.78 % 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	700,924 (51%)	$4,313	196,314 (19%)	$1,107	582,164 (35%)	$3,165	946,018 (63%)	$8,473
2014-15	697,333 (51%)	$4,361	196,147 (19%)	$1,153	589,958 (35%)	$3,243	973,838 (64%)	$8,819
2015-16	673,551 (49%)	$4,411	195,321 (20%)	$1,168	576,181 (34%)	$3,342	994,790 (65%)	$9,338
2016-17	664,605 (47%)	$4,437	196,185 (19%)	$1,175	573,033 (34%)	$3,475	1,019,739 (66%)	$9,952
2017-18	689,446 (48%)	$4,622	205,083 (19%)	$1,214	602,838 (35%)	$3,631	1,055,205 (67%)	$10,498
2018-19	687,665 (48%)	$4,778	213,774 (20%)	$1,247	614,817 (35%)	$3,738	1,086,059 (68%)	$11,060
2019-20	677,506 (47%)	$4,900	580,322 (39%)	$1,332	609,731 (36%)	$3,864	1,101,438 (69%)	$11,383
2020-21	603,341 (45%)	$5,017	596,141 (41%)	$1,503	566,563 (35%)	$3,916	1,082,779 (70%)	$11,860
2021-22	614,085 (45%)	$5,064	701,085 (43%)	$1,792	556,558 (34%)	$4,059	1,131,312 (72%)	$12,406
Average	667,606 (47.89%)	$4,656	342,264 (26.56%)	$1,299	585,760 (34.78%)	$3,604	1,043,464 (67.11%)	$10,421

^*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, 863,617 (59.78 % of students) get any students loan help and its average loan amount is $863,617.

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	933,878 (65%)	$7,200	919,994 (64%)	$6,238	107,269 (10%)	$10,681
2014-15	936,418 (64%)	$7,062	922,182 (64%)	$6,102	106,531 (9%)	$10,909
2015-16	907,815 (62%)	$6,989	891,303 (61%)	$5,838	114,514 (10%)	$11,370
2016-17	910,851 (61%)	$7,098	893,852 (60%)	$5,851	119,863 (10%)	$11,665
2017-18	899,150 (61%)	$7,075	882,780 (60%)	$5,771	123,825 (10%)	$11,857
2018-19	880,984 (59%)	$7,094	861,742 (58%)	$5,614	141,326 (11%)	$12,250
2019-20	841,298 (58%)	$7,216	821,615 (57%)	$5,587	138,083 (11%)	$12,791
2020-21	716,690 (54%)	$7,088	697,403 (53%)	$5,548	107,738 (9%)	$13,300
2021-22	745,466 (54%)	$7,167	726,073 (53%)	$5,441	118,369 (10%)	$14,121
Average	863,617 (59.78%)	$7,110	846,327 (58.89%)	$5,777	119,724 (10.00%)	$12,105

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Grants, Scholarships, and Student Loan Stats Trends

All Undergraduate Students Financial Aid Over Time

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