Maryland 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 Maryland Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 94,151, which is 72.44 % of all undergraduate students. 64,604 students which is 52.00% of undergraduate students received federal student loans and the average loan amount: $7,234.

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	89,959 (68%)	$11,580	43,782 (34%)	$4,072	70,810 (56%)	$7,581
2014-15	94,133 (71%)	$12,011	47,259 (35%)	$4,179	71,685 (56%)	$7,477
2015-16	92,438 (70%)	$12,609	45,958 (32%)	$4,153	69,714 (54%)	$7,226
2016-17	93,179 (70%)	$13,216	46,531 (33%)	$4,165	68,966 (54%)	$7,251
2017-18	90,971 (70%)	$13,910	47,364 (32%)	$4,456	67,293 (52%)	$7,577
2018-19	92,480 (71%)	$14,974	49,078 (33%)	$4,690	65,701 (52%)	$7,235
2019-20	95,434 (75%)	$15,134	48,405 (32%)	$4,652	62,785 (53%)	$6,898
2020-21	96,925 (79%)	$15,258	46,372 (32%)	$4,769	52,858 (45%)	$6,948
2021-22	101,837 (78%)	$17,154	46,490 (33%)	$4,912	51,628 (46%)	$6,910
Average	94,151 (72.44%)	$13,983	46,804 (32.89%)	$4,450	64,604 (52.00%)	$7,234

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

Overview

For the last 10 years, on average, 15,193 (81.11 % of students) received grants or scholarships and its average amount is $16,133. It can cover 63.32% of tuition & fees ($25,478) based on out-of-state rate. In addition, 10,310 (56.89 % of students) students get helped from the students loans (average amount : $7,426).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	13,613 (77%)	$12,539	10,316 (63%)	$7,558
2014-15	13,873 (78%)	$13,593	10,867 (62%)	$7,503
2015-16	13,864 (77%)	$14,578	10,664 (57%)	$7,175
2016-17	14,043 (78%)	$15,480	10,846 (58%)	$7,344
2017-18	16,177 (82%)	$16,354	11,052 (59%)	$7,221
2018-19	15,920 (81%)	$17,367	11,219 (57%)	$7,908
2019-20	16,048 (85%)	$17,553	10,340 (57%)	$7,706
2020-21	15,720 (86%)	$18,494	8,052 (49%)	$6,968
2021-22	17,482 (86%)	$19,240	9,435 (50%)	$7,451
Average	15,193 (81.11%)	$16,133	10,310 (56.89%)	$7,426

^*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, 5,993 (37.00 % of students) received Pell (federal) grants and its average amount is $4,706. In addition, 4,333 students received State/local government grants/scholarships (22.22 % 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	5,340 (41%)	$4,367	1,740 (20%)	$1,249	4,726 (26%)	$4,031	11,414 (67%)	$10,772
2014-15	5,556 (38%)	$4,383	1,620 (15%)	$1,294	4,011 (22%)	$4,369	11,782 (71%)	$12,293
2015-16	5,606 (34%)	$4,374	1,483 (12%)	$1,520	3,718 (19%)	$4,281	11,723 (69%)	$12,418
2016-17	5,647 (35%)	$4,629	1,611 (14%)	$1,401	3,902 (19%)	$5,278	12,031 (72%)	$13,452
2017-18	6,465 (39%)	$4,679	1,667 (18%)	$1,422	4,552 (24%)	$5,956	13,877 (73%)	$13,055
2018-19	6,267 (36%)	$4,819	1,947 (16%)	$1,333	4,436 (21%)	$5,240	13,894 (73%)	$14,484
2019-20	6,243 (37%)	$4,927	5,570 (33%)	$1,511	4,818 (24%)	$5,663	13,838 (77%)	$14,887
2020-21	5,934 (37%)	$5,110	7,313 (41%)	$1,727	4,156 (23%)	$6,523	13,249 (74%)	$14,755
2021-22	6,879 (36%)	$5,069	6,445 (34%)	$2,105	4,682 (22%)	$6,156	15,934 (78%)	$15,891
Average	5,993 (37.00%)	$4,706	3,266 (22.56%)	$1,507	4,333 (22.22%)	$5,277	13,082 (72.67%)	$13,556

^*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, 10,310 (56.89 % of students) get any students loan help and its average loan amount is $10,310.

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	10,316 (63%)	$7,558	10,148 (62%)	$6,543	1,373 (8%)	$12,958
2014-15	10,867 (62%)	$7,503	10,710 (62%)	$6,311	992 (6%)	$14,662
2015-16	10,664 (57%)	$7,175	10,441 (56%)	$5,665	1,239 (8%)	$14,873
2016-17	10,846 (58%)	$7,344	10,577 (56%)	$5,847	1,333 (8%)	$14,511
2017-18	11,052 (59%)	$7,221	10,785 (57%)	$5,806	1,326 (8%)	$14,967
2018-19	11,219 (57%)	$7,908	10,924 (56%)	$6,240	1,558 (8%)	$15,712
2019-20	10,340 (57%)	$7,706	9,975 (56%)	$5,983	1,536 (8%)	$14,566
2020-21	8,052 (49%)	$6,968	7,705 (47%)	$5,335	1,020 (6%)	$15,699
2021-22	9,435 (50%)	$7,451	9,029 (48%)	$5,432	1,385 (7%)	$15,715
Average	10,310 (56.89%)	$7,426	10,033 (55.56%)	$5,907	1,307 (7.44%)	$14,851

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

All Undergraduate Students Financial Aid Over Time

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