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

For the academic year 2021-2022, 88% of students received grants and/or scholarships and its average aid amount is $11,087. Compared to the percent of received 10 years ago, more students received the financial aid from 79% to 88%. The average financial aid amount has increased from $8,183 to $11,087 at Georgia Colleges.
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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Georgia Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 258,179, which is 80.78 % of all undergraduate students. 158,455 students which is 54.89% of undergraduate students received federal student loans and the average loan amount: $6,913.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14225,440 (79%)$8,183141,246 (53%)$4,119170,158 (62%)$7,130
2014-15245,047 (80%)$8,737149,264 (53%)$4,135179,149 (61%)$7,186
2015-16243,851 (78%)$9,050142,142 (48%)$4,163172,301 (58%)$7,028
2016-17240,005 (76%)$8,808137,319 (47%)$4,211167,995 (56%)$6,999
2017-18256,382 (79%)$9,495136,362 (46%)$4,292162,368 (55%)$6,903
2018-19260,080 (80%)$9,966133,621 (45%)$4,555154,776 (52%)$6,882
2019-20275,239 (83%)$10,278131,811 (44%)$4,673152,303 (52%)$6,756
2020-21284,976 (84%)$10,358128,902 (44%)$4,742137,473 (50%)$6,735
2021-22292,588 (88%)$11,087127,004 (43%)$4,845129,575 (48%)$6,597
Average258,179 (80.78%)$9,551136,408 (47.00%)$4,415158,455 (54.89%)$6,913

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

For the last 10 years, on average, 51,559 (88.56 % of students) received grants or scholarships and its average amount is $10,986. It can cover 69.51% of tuition & fees ($15,805) based on out-of-state rate. In addition, 29,283 (60.56 % of students) students get helped from the students loans (average amount : $6,702).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1444,992 (87%)$9,06429,501 (65%)$6,712
2014-1548,330 (88%)$9,21730,511 (64%)$6,664
2015-1649,519 (87%)$9,88731,247 (63%)$6,502
2016-1750,615 (87%)$10,21930,897 (62%)$6,946
2017-1851,603 (88%)$10,98130,140 (62%)$6,628
2018-1953,099 (88%)$11,82529,587 (60%)$6,688
2019-2054,109 (89%)$12,17728,530 (60%)$6,900
2020-2154,470 (89%)$12,11126,421 (54%)$6,767
2021-2257,290 (94%)$13,39526,709 (55%)$6,507
Average51,559 (88.56%)$10,98629,283 (60.56%)$6,702
*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, 25,579 (54.22 % of students) received Pell (federal) grants and its average amount is $4,748. In addition, 34,401 students received State/local government grants/scholarships (54.67 % 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
2013-1425,139 (58%)$4,4393,371 (13%)$1,05228,474 (51%)$3,05114,022 (45%)$6,545
2014-1525,779 (58%)$4,4623,327 (12%)$1,27332,251 (53%)$3,20714,633 (43%)$6,655
2015-1626,093 (55%)$4,5043,612 (14%)$1,17933,739 (55%)$3,42814,666 (45%)$6,843
2016-1725,231 (55%)$4,5044,137 (13%)$1,23133,917 (55%)$3,37616,159 (50%)$8,243
2017-1825,535 (55%)$4,5663,778 (14%)$1,14634,783 (55%)$3,63916,769 (48%)$8,818
2018-1925,713 (53%)$4,9144,343 (14%)$1,24535,961 (55%)$3,69018,287 (49%)$9,357
2019-2025,078 (51%)$5,05321,458 (39%)$1,56536,056 (56%)$3,88917,601 (47%)$9,442
2020-2125,631 (51%)$5,16120,543 (40%)$1,62636,981 (57%)$3,90817,708 (49%)$9,103
2021-2226,015 (52%)$5,13333,937 (52%)$2,02937,446 (55%)$3,92518,600 (53%)$10,081
Average25,579 (54.22%)$4,74810,945 (23.44%)$1,37234,401 (54.67%)$3,56816,494 (47.67%)$8,343
*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, 29,283 (60.56 % of students) get any students loan help and its average loan amount is $29,283.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1429,501 (65%)$6,71229,314 (65%)$6,1891,894 (5%)$8,785
2014-1530,511 (64%)$6,66430,247 (64%)$6,1301,994 (6%)$8,956
2015-1631,247 (63%)$6,50230,935 (63%)$5,8412,331 (6%)$9,623
2016-1730,897 (62%)$6,94630,515 (62%)$6,0132,865 (10%)$9,141
2017-1830,140 (62%)$6,62829,749 (61%)$5,8332,956 (9%)$8,393
2018-1929,587 (60%)$6,68829,157 (59%)$5,7493,291 (9%)$8,776
2019-2028,530 (60%)$6,90028,066 (59%)$5,7933,497 (9%)$9,431
2020-2126,421 (54%)$6,76725,863 (53%)$5,6522,926 (8%)$9,766
2021-2226,709 (55%)$6,50726,112 (54%)$5,3743,238 (7%)$10,983
Average29,283 (60.56%)$6,70228,884 (60.00%)$5,8422,777 (7.67%)$9,317
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