How FPU'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 Franklin Pierce University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,490, which is 93.11 % of all undergraduate students. 1,269 students which is 78.78% of undergraduate students received federal student loans and the average loan amount is $8,179.

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	1,413 (85%)	$16,520	535 (32%)	$3,582	1,484 (89%)	$10,626
2014-15	1,515 (89%)	$18,129	472 (28%)	$3,913	1,304 (77%)	$7,239
2015-16	1,467 (88%)	$19,106	472 (28%)	$3,922	1,257 (75%)	$7,143
2016-17	1,598 (91%)	$20,857	528 (30%)	$3,996	1,402 (80%)	$6,748
2017-18	1,713 (100%)	$22,670	534 (31%)	$4,186	1,376 (80%)	$11,349
2018-19	1,529 (94%)	$23,349	511 (31%)	$4,321	1,312 (80%)	$11,493
2019-20	1,536 (96%)	$26,110	472 (30%)	$4,341	1,260 (79%)	$6,359
2020-21	1,358 (95%)	$29,021	389 (27%)	$4,481	1,080 (75%)	$6,172
2021-22	1,279 (100%)	$28,784	332 (26%)	$4,493	948 (74%)	$6,481
Average	1,490 (93.11%)	$22,727	472 (29.22%)	$4,137	1,269 (78.78%)	$8,179

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

Overview

For the last 10 years, on average, 442 (99.56 % of students) received grants or scholarships and its average amount is $24,673. It can cover 54.87% of tuition & fees ($44,963).

In addition, 374 (84.00 % of students) students get helped from the students loans (average amount : $10,313).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	450 (100%)	$19,437	450 (100%)	$8,410
2014-15	473 (97%)	$18,815	387 (79%)	$8,795
2015-16	421 (99%)	$20,035	339 (80%)	$9,652
2016-17	635 (100%)	$23,377	545 (86%)	$8,890
2017-18	462 (100%)	$22,340	392 (85%)	$14,300
2018-19	457 (100%)	$25,869	388 (85%)	$14,626
2019-20	416 (100%)	$29,379	347 (83%)	$9,517
2020-21	389 (100%)	$30,752	303 (78%)	$9,358
2021-22	271 (100%)	$32,056	217 (80%)	$9,272
Average	442 (99.56%)	$24,673	374 (84.00%)	$10,313

^*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, 146 (32.56 % of students) received Pell (federal) grants and its average amount is $4,229.

In addition, 35 students received State/local government grants/scholarships (8.00 % 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	167 (37%)	$3,450	47 (10%)	$936	82 (18%)	$828	450 (100%)	$17,908
2014-15	148 (30%)	$4,079	71 (15%)	$1,402	30 (6%)	$1,199	447 (91%)	$18,256
2015-16	144 (34%)	$4,242	84 (20%)	$859	13 (3%)	$3,668	421 (99%)	$18,299
2016-17	221 (35%)	$4,148	116 (18%)	$387	27 (4%)	$3,519	635 (100%)	$21,713
2017-18	151 (33%)	$4,329	29 (6%)	$897	19 (4%)	$5,333	457 (99%)	$20,876
2018-19	156 (34%)	$4,419	53 (12%)	$2,304	37 (8%)	$3,074	455 (99%)	$23,949
2019-20	137 (33%)	$4,359	61 (15%)	$1,506	35 (8%)	$2,748	416 (100%)	$27,492
2020-21	112 (29%)	$4,677	54 (14%)	$1,803	39 (10%)	$1,926	377 (97%)	$29,884
2021-22	77 (28%)	$4,356	41 (15%)	$2,253	29 (11%)	$1,551	271 (100%)	$30,311
Average	146 (32.56%)	$4,229	62 (13.89%)	$1,372	35 (8.00%)	$2,650	437 (98.33%)	$23,188

^*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, 374 (84.00 % of students) get any students loan help and its average loan amount is $374.

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	450 (100%)	$8,410	450 (100%)	$6,247	70 (16%)	$13,906
2014-15	387 (79%)	$8,795	384 (79%)	$6,453	68 (14%)	$13,619
2015-16	339 (80%)	$9,652	339 (80%)	$6,372	71 (17%)	$15,661
2016-17	545 (86%)	$8,890	544 (86%)	$6,232	108 (17%)	$13,470
2017-18	392 (85%)	$14,300	392 (85%)	$10,937	86 (19%)	$15,332
2018-19	388 (85%)	$14,626	387 (84%)	$10,269	110 (24%)	$15,462
2019-20	347 (83%)	$9,517	342 (82%)	$5,245	92 (22%)	$16,396
2020-21	303 (78%)	$9,358	302 (78%)	$5,171	83 (21%)	$15,349
2021-22	217 (80%)	$9,272	214 (79%)	$5,172	57 (21%)	$15,879
Average	374 (84.00%)	$10,313	373 (83.67%)	$6,900	83 (19.00%)	$15,008

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Scholarships, Grants, and Loan Trends at FPU

All Undergraduate Students Financial Aid Over Time

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