Scholarships, Grants, and Loan Trends at Frostburg State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,877, which is 64.00 % of all undergraduate students. 2,478 students which is 54.00% of undergraduate students received federal student loans and the average loan amount is $6,935.
For full-time, first-time beginning students (freshmen), 77.89% of students received grants or scholarships and 63% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Frostburg State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,877, which is 64.00 % of all undergraduate students. 2,478 students which is 54.00% of undergraduate students received federal student loans and the average loan amount is $6,935.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,660 (57%)$6,5461,718 (37%)$4,2222,814 (60%)$7,777
2014-152,728 (56%)$6,4801,783 (36%)$4,2562,889 (59%)$7,887
2015-162,958 (60%)$6,8361,819 (37%)$4,2252,952 (60%)$8,397
2016-172,957 (61%)$7,1691,836 (38%)$4,3402,868 (59%)$6,610
2017-182,875 (61%)$7,3441,768 (37%)$4,4652,626 (56%)$6,466
2018-192,833 (61%)$7,3041,652 (36%)$4,4912,438 (53%)$6,338
2019-202,862 (65%)$7,7641,572 (35%)$4,5922,217 (50%)$6,312
2020-212,960 (72%)$7,5161,423 (35%)$4,6211,874 (45%)$6,310
2021-223,059 (83%)$8,2641,281 (35%)$4,7061,628 (44%)$6,316
Average2,877 (64.00%)$7,2471,650 (36.22%)$4,4352,478 (54.00%)$6,935

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

For the last 10 years, on average, 596 (77.89 % of students) received grants or scholarships and its average amount is $7,804. It can cover 30.99% of tuition & fees ($25,180) based on out-of-state rate.
In addition, 500 (63.00 % of students) students get helped from the students loans (average amount : $7,512).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14566 (64%)$7,132585 (66%)$8,645
2014-15643 (67%)$6,872635 (66%)$8,716
2015-16614 (66%)$7,294646 (69%)$7,184
2016-17585 (71%)$7,588564 (68%)$6,844
2017-18594 (77%)$7,510517 (67%)$7,067
2018-19577 (79%)$7,207446 (61%)$7,513
2019-20634 (86%)$8,402438 (59%)$7,036
2020-21575 (92%)$8,563348 (56%)$7,792
2021-22576 (99%)$9,667318 (55%)$6,808
Average596 (77.89%)$7,804500 (63.00%)$7,512
*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, 326 (41.67 % of students) received Pell (federal) grants and its average amount is $4,733.
In addition, 267 students received State/local government grants/scholarships (33.67 % 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
2013-14331 (37%)$4,39377 (9%)$624378 (43%)$3,587403 (45%)$2,925
2014-15382 (40%)$4,501101 (11%)$583335 (35%)$3,672484 (51%)$2,913
2015-16398 (43%)$4,48887 (9%)$594302 (32%)$3,634480 (52%)$3,215
2016-17357 (43%)$4,629120 (14%)$566282 (34%)$3,728457 (55%)$3,648
2017-18343 (44%)$4,85082 (11%)$609254 (33%)$4,540492 (64%)$3,240
2018-19289 (39%)$4,83279 (11%)$642229 (31%)$4,358539 (73%)$3,179
2019-20328 (44%)$4,916139 (19%)$960268 (36%)$4,886587 (79%)$3,870
2020-21273 (44%)$4,941370 (59%)$793179 (29%)$5,980511 (81%)$4,326
2021-22236 (41%)$5,043566 (98%)$1,898175 (30%)$5,077512 (88%)$4,717
Average326 (41.67%)$4,733180 (26.78%)$808267 (33.67%)$4,385496 (65.33%)$3,559
*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, 500 (63.00 % of students) get any students loan help and its average loan amount is $500.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14585 (66%)$8,645583 (66%)$7,52167 (8%)$10,034
2014-15635 (66%)$8,716626 (65%)$7,83659 (6%)$10,664
2015-16646 (69%)$7,184635 (68%)$5,68691 (10%)$11,318
2016-17564 (68%)$6,844557 (67%)$5,71462 (7%)$10,930
2017-18517 (67%)$7,067505 (65%)$5,37878 (10%)$12,022
2018-19446 (61%)$7,513432 (59%)$5,26378 (11%)$13,808
2019-20438 (59%)$7,036425 (58%)$5,22366 (9%)$13,065
2020-21348 (56%)$7,792333 (53%)$5,38860 (10%)$15,288
2021-22318 (55%)$6,808314 (54%)$5,19042 (7%)$12,739
Average500 (63.00%)$7,512490 (61.67%)$5,91167 (8.67%)$12,208
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