Alabama Colleges 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 Alabama Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 116,756, which is 78.33 % of all undergraduate students. 83,297 students which is 60.67% of undergraduate students received federal student loans and the average loan amount: $7,204.

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	112,636 (78%)	$7,281	62,684 (54%)	$3,898	91,083 (67%)	$7,371
2014-15	115,141 (80%)	$7,266	62,586 (55%)	$3,997	90,397 (67%)	$7,309
2015-16	113,137 (77%)	$7,260	58,517 (51%)	$3,932	87,581 (63%)	$6,949
2016-17	116,400 (79%)	$7,812	56,705 (50%)	$3,935	87,030 (64%)	$7,062
2017-18	118,147 (79%)	$8,776	58,324 (51%)	$4,364	85,196 (62%)	$7,698
2018-19	118,907 (76%)	$8,894	56,589 (47%)	$4,552	82,633 (58%)	$7,497
2019-20	118,575 (78%)	$9,637	55,875 (47%)	$4,649	80,228 (57%)	$7,435
2020-21	116,089 (77%)	$9,182	51,393 (43%)	$4,663	74,828 (55%)	$6,880
2021-22	121,775 (81%)	$9,636	50,300 (45%)	$4,675	70,696 (53%)	$6,639
Average	116,756 (78.33%)	$8,416	56,997 (49.22%)	$4,296	83,297 (60.67%)	$7,204

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

Overview

For the last 10 years, on average, 23,393 (89.89 % of students) received grants or scholarships and its average amount is $9,753. It can cover 45.25% of tuition & fees ($21,553) based on out-of-state rate. In addition, 15,314 (67.56 % of students) students get helped from the students loans (average amount : $6,826).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	21,393 (86%)	$7,797	15,668 (72%)	$6,560
2014-15	22,403 (88%)	$8,282	16,322 (72%)	$6,582
2015-16	23,011 (90%)	$9,388	16,019 (68%)	$6,643
2016-17	23,306 (87%)	$9,448	16,308 (67%)	$6,390
2017-18	23,620 (92%)	$10,231	16,254 (72%)	$6,908
2018-19	23,044 (91%)	$10,060	15,227 (69%)	$6,856
2019-20	24,621 (94%)	$10,314	14,825 (67%)	$7,308
2020-21	23,480 (89%)	$11,124	13,334 (61%)	$7,105
2021-22	25,662 (92%)	$11,136	13,871 (60%)	$7,082
Average	23,393 (89.89%)	$9,753	15,314 (67.56%)	$6,826

^*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, 10,125 (54.89 % of students) received Pell (federal) grants and its average amount is $4,588. In addition, 2,176 students received State/local government grants/scholarships (23.33 % 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	10,487 (58%)	$4,019	2,271 (19%)	$1,071	2,013 (27%)	$1,355	15,852 (63%)	$6,899
2014-15	10,968 (61%)	$4,189	2,695 (21%)	$1,050	2,301 (25%)	$1,274	17,476 (64%)	$6,818
2015-16	10,536 (55%)	$4,430	2,651 (17%)	$1,120	2,052 (22%)	$1,041	18,252 (69%)	$7,684
2016-17	9,845 (51%)	$4,269	2,274 (18%)	$1,211	2,037 (25%)	$2,068	18,684 (70%)	$8,443
2017-18	10,200 (57%)	$4,559	2,184 (19%)	$1,620	1,961 (22%)	$2,031	19,512 (73%)	$9,174
2018-19	10,194 (58%)	$4,828	2,395 (20%)	$1,556	2,306 (24%)	$1,892	19,023 (68%)	$8,392
2019-20	9,898 (54%)	$4,878	8,475 (34%)	$1,410	2,317 (25%)	$1,857	20,016 (72%)	$8,558
2020-21	9,150 (49%)	$4,984	6,370 (33%)	$1,673	2,193 (21%)	$1,746	20,896 (76%)	$8,988
2021-22	9,846 (51%)	$5,132	8,770 (28%)	$1,689	2,402 (19%)	$1,875	22,848 (80%)	$8,499
Average	10,125 (54.89%)	$4,588	4,232 (23.22%)	$1,378	2,176 (23.33%)	$1,682	19,173 (70.56%)	$8,162

^*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, 15,314 (67.56 % of students) get any students loan help and its average loan amount is $15,314.

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	15,668 (72%)	$6,560	15,365 (71%)	$6,046	1,231 (5%)	$10,141
2014-15	16,322 (72%)	$6,582	16,084 (71%)	$5,999	1,372 (5%)	$9,858
2015-16	16,019 (68%)	$6,643	15,657 (66%)	$5,845	1,641 (7%)	$10,615
2016-17	16,308 (67%)	$6,390	15,863 (65%)	$5,614	1,639 (7%)	$11,253
2017-18	16,254 (72%)	$6,908	15,814 (71%)	$6,163	1,690 (6%)	$11,268
2018-19	15,227 (69%)	$6,856	14,883 (68%)	$5,934	1,794 (6%)	$11,295
2019-20	14,825 (67%)	$7,308	14,313 (65%)	$6,184	1,991 (7%)	$13,008
2020-21	13,334 (61%)	$7,105	12,974 (60%)	$6,097	1,477 (5%)	$13,802
2021-22	13,871 (60%)	$7,082	13,431 (59%)	$6,008	1,688 (5%)	$13,376
Average	15,314 (67.56%)	$6,826	14,932 (66.22%)	$5,988	1,614 (5.89%)	$11,624

Most Searched Alabama Colleges (last 30 days)

4-Year Colleges

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Grants, Scholarships, and Student Loan Stats Trends for Alabama Colleges

All Undergraduate Students Financial Aid Over Time

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