Connecticut 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 Connecticut Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 76,752, which is 66.22 % of all undergraduate students. 58,648 students which is 51.67% of undergraduate students received federal student loans and the average loan amount: $7,121.

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	69,687 (61%)	$13,493	30,781 (30%)	$3,841	60,126 (54%)	$7,203
2014-15	71,195 (63%)	$14,039	31,887 (31%)	$3,926	60,155 (54%)	$7,120
2015-16	70,620 (61%)	$14,355	31,189 (31%)	$4,076	58,994 (53%)	$7,418
2016-17	72,099 (61%)	$15,024	31,973 (31%)	$4,064	60,575 (54%)	$6,943
2017-18	74,407 (64%)	$16,729	33,673 (32%)	$4,273	58,968 (51%)	$6,965
2018-19	78,018 (65%)	$17,599	36,547 (34%)	$4,403	59,098 (50%)	$7,224
2019-20	82,059 (70%)	$17,951	36,430 (34%)	$4,523	57,883 (50%)	$7,209
2020-21	86,670 (75%)	$18,165	38,133 (36%)	$4,470	56,557 (50%)	$7,157
2021-22	86,017 (76%)	$19,717	37,295 (34%)	$4,688	55,474 (49%)	$6,846
Average	76,752 (66.22%)	$16,341	34,212 (32.56%)	$4,252	58,648 (51.67%)	$7,121

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

Overview

For the last 10 years, on average, 16,371 (77.78 % of students) received grants or scholarships and its average amount is $18,828. It can cover 63.48% of tuition & fees ($29,662) based on out-of-state rate. In addition, 11,884 (60.67 % of students) students get helped from the students loans (average amount : $7,920).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	15,045 (74%)	$15,889	12,082 (63%)	$8,043
2014-15	14,985 (72%)	$17,393	12,127 (62%)	$7,770
2015-16	15,346 (74%)	$17,440	12,066 (61%)	$7,645
2016-17	15,362 (77%)	$17,092	11,981 (64%)	$8,038
2017-18	16,169 (77%)	$19,302	12,066 (62%)	$7,586
2018-19	17,375 (79%)	$19,603	12,572 (60%)	$7,921
2019-20	17,392 (83%)	$20,890	11,867 (59%)	$8,110
2020-21	17,801 (82%)	$20,547	10,881 (57%)	$7,917
2021-22	17,866 (82%)	$21,297	11,317 (58%)	$8,249
Average	16,371 (77.78%)	$18,828	11,884 (60.67%)	$7,920

^*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, 5,935 (37.44 % of students) received Pell (federal) grants and its average amount is $4,682. In addition, 2,244 students received State/local government grants/scholarships (15.67 % 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	5,457 (36%)	$4,264	1,676 (14%)	$1,551	3,217 (21%)	$2,486	13,736 (63%)	$14,102
2014-15	5,656 (34%)	$4,441	1,386 (13%)	$1,890	3,809 (23%)	$2,632	13,807 (67%)	$15,324
2015-16	5,740 (37%)	$4,632	1,575 (17%)	$1,707	2,800 (19%)	$2,711	14,081 (69%)	$16,131
2016-17	5,648 (41%)	$4,435	1,316 (14%)	$1,883	1,732 (18%)	$3,438	14,403 (71%)	$16,383
2017-18	5,990 (37%)	$4,559	1,445 (14%)	$2,138	1,730 (14%)	$3,128	15,042 (72%)	$17,729
2018-19	6,626 (40%)	$4,868	1,795 (17%)	$2,132	1,968 (13%)	$2,947	16,205 (73%)	$18,426
2019-20	6,207 (39%)	$4,944	8,783 (44%)	$1,565	1,752 (11%)	$3,001	15,204 (71%)	$19,186
2020-21	6,019 (37%)	$4,858	7,904 (40%)	$1,710	1,430 (9%)	$3,498	16,860 (81%)	$19,896
2021-22	6,071 (36%)	$5,133	6,826 (35%)	$1,961	1,755 (13%)	$3,215	16,320 (79%)	$21,079
Average	5,935 (37.44%)	$4,682	3,634 (23.11%)	$1,837	2,244 (15.67%)	$3,006	15,073 (71.78%)	$17,584

^*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, 11,884 (60.67 % of students) get any students loan help and its average loan amount is $11,884.

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	12,082 (63%)	$8,043	11,916 (62%)	$6,080	2,387 (11%)	$12,826
2014-15	12,127 (62%)	$7,770	11,931 (60%)	$5,801	1,745 (8%)	$13,788
2015-16	12,066 (61%)	$7,645	11,835 (60%)	$5,678	1,971 (9%)	$13,157
2016-17	11,981 (64%)	$8,038	11,736 (63%)	$6,023	2,021 (10%)	$14,171
2017-18	12,066 (62%)	$7,586	11,891 (61%)	$5,500	1,983 (9%)	$14,419
2018-19	12,572 (60%)	$7,921	12,398 (59%)	$5,782	2,167 (9%)	$15,507
2019-20	11,867 (59%)	$8,110	11,672 (59%)	$5,671	2,161 (10%)	$15,726
2020-21	10,881 (57%)	$7,917	10,698 (56%)	$5,730	1,771 (8%)	$16,178
2021-22	11,317 (58%)	$8,249	11,108 (57%)	$5,611	1,819 (9%)	$17,802
Average	11,884 (60.67%)	$7,920	11,687 (59.67%)	$5,764	2,003 (9.22%)	$14,842

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

All Undergraduate Students Financial Aid Over Time

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