How Framingham State's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Framingham State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,237, which is 55.67 % of all undergraduate students. 2,518 students which is 62.11% of undergraduate students received federal student loans and the average loan amount is $7,131.

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	2,290 (50%)	$11,698	1,355 (30%)	$3,997	2,948 (64%)	$7,253
2014-15	2,454 (57%)	$4,780	1,378 (32%)	$3,973	2,819 (65%)	$7,421
2015-16	2,213 (49%)	$4,920	1,358 (30%)	$4,169	2,858 (64%)	$7,616
2016-17	2,324 (54%)	$5,271	1,358 (31%)	$4,094	2,651 (61%)	$7,520
2017-18	2,377 (58%)	$5,742	1,460 (35%)	$4,381	2,585 (63%)	$8,020
2018-19	2,212 (56%)	$6,388	1,444 (37%)	$4,498	2,437 (62%)	$6,534
2019-20	2,311 (60%)	$6,586	1,421 (37%)	$4,585	2,378 (62%)	$6,594
2020-21	2,055 (58%)	$6,870	1,244 (35%)	$4,689	2,128 (60%)	$6,981
2021-22	1,896 (59%)	$8,313	1,147 (36%)	$4,753	1,858 (58%)	$6,241
Average	2,237 (55.67%)	$6,730	1,352 (33.67%)	$4,349	2,518 (62.11%)	$7,131

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

Overview

For the last 10 years, on average, 537 (72.78 % of students) received grants or scholarships and its average amount is $6,295. It can cover 35.55% of tuition & fees ($17,710) based on out-of-state rate.

In addition, 557 (75.22 % of students) students get helped from the students loans (average amount : $7,275).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	536 (67%)	$5,057	632 (79%)	$8,301
2014-15	676 (84%)	$4,169	615 (76%)	$7,955
2015-16	555 (66%)	$6,090	656 (78%)	$6,670
2016-17	517 (70%)	$5,851	547 (74%)	$7,217
2017-18	522 (69%)	$7,020	561 (74%)	$7,469
2018-19	449 (59%)	$7,408	500 (66%)	$7,323
2019-20	664 (86%)	$6,237	601 (78%)	$7,183
2020-21	467 (77%)	$6,756	489 (81%)	$6,879
2021-22	447 (77%)	$8,069	413 (71%)	$6,479
Average	537 (72.78%)	$6,295	557 (75.22%)	$7,275

^*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, 300 (41.00 % of students) received Pell (federal) grants and its average amount is $4,558.

In addition, 410 students received State/local government grants/scholarships (55.44 % 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	283 (35%)	$4,190	67 (8%)	$514	463 (58%)	$1,571	419 (52%)	$1,821
2014-15	267 (33%)	$4,468	74 (9%)	$621	402 (50%)	$2,058	413 (51%)	$1,821
2015-16	318 (38%)	$4,447	218 (26%)	$254	468 (55%)	$2,222	465 (55%)	$1,872
2016-17	292 (40%)	$4,275	215 (29%)	$205	405 (55%)	$2,272	413 (56%)	$1,967
2017-18	353 (47%)	$4,541	250 (33%)	$181	447 (59%)	$2,447	445 (59%)	$2,072
2018-19	299 (39%)	$4,670	218 (29%)	$192	379 (50%)	$2,856	388 (51%)	$2,075
2019-20	360 (47%)	$4,653	250 (32%)	$394	452 (59%)	$2,722	625 (81%)	$1,820
2020-21	264 (44%)	$4,889	194 (32%)	$287	315 (52%)	$3,010	395 (65%)	$2,179
2021-22	266 (46%)	$4,893	185 (32%)	$256	355 (61%)	$3,690	352 (61%)	$2,692
Average	300 (41.00%)	$4,558	186 (25.56%)	$323	410 (55.44%)	$2,539	435 (59.00%)	$2,035

^*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, 557 (75.22 % of students) get any students loan help and its average loan amount is $557.

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	632 (79%)	$8,301	621 (77%)	$6,521	211 (26%)	$5,672
2014-15	615 (76%)	$7,955	608 (76%)	$6,707	130 (16%)	$6,261
2015-16	656 (78%)	$6,670	640 (76%)	$5,346	260 (31%)	$3,668
2016-17	547 (74%)	$7,217	535 (72%)	$5,397	241 (33%)	$4,400
2017-18	561 (74%)	$7,469	558 (74%)	$5,513	245 (32%)	$4,546
2018-19	500 (66%)	$7,323	495 (65%)	$5,933	195 (26%)	$3,717
2019-20	601 (78%)	$7,183	585 (76%)	$5,443	267 (35%)	$4,243
2020-21	489 (81%)	$6,879	474 (78%)	$5,355	181 (30%)	$4,561
2021-22	413 (71%)	$6,479	405 (70%)	$5,705	138 (24%)	$2,646
Average	557 (75.22%)	$7,275	547 (73.78%)	$5,769	208 (28.11%)	$4,413

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Scholarships, Grants, and Loan Trends at Framingham State

All Undergraduate Students Financial Aid Over Time

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