How GMU'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 George Mason University since 2013.

For that period, the average number of students who received grants aid/scholarships is 12,740, which is 50.89 % of all undergraduate students. 10,394 students which is 42.00% of undergraduate students received federal student loans and the average loan amount is $6,883.

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	9,509 (43%)	$6,361	5,549 (25%)	$4,073	9,563 (43%)	$7,300
2014-15	9,085 (41%)	$7,093	5,940 (27%)	$4,139	9,899 (44%)	$7,172
2015-16	10,583 (46%)	$6,833	6,288 (27%)	$4,169	10,159 (44%)	$6,971
2016-17	11,691 (49%)	$6,902	6,765 (28%)	$4,225	10,587 (44%)	$6,991
2017-18	12,630 (50%)	$7,175	7,552 (30%)	$4,537	11,075 (44%)	$6,873
2018-19	13,744 (52%)	$7,507	7,734 (30%)	$4,602	11,236 (43%)	$6,737
2019-20	15,700 (59%)	$7,838	7,887 (30%)	$4,690	10,862 (41%)	$6,690
2020-21	15,441 (57%)	$8,675	7,935 (29%)	$4,762	10,531 (39%)	$6,647
2021-22	16,275 (61%)	$9,810	7,971 (30%)	$4,861	9,633 (36%)	$6,569
Average	12,740 (50.89%)	$7,577	7,069 (28.44%)	$4,451	10,394 (42.00%)	$6,883

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

Overview

For the last 10 years, on average, 2,096 (61.44 % of students) received grants or scholarships and its average amount is $9,028. It can cover 23.77% of tuition & fees ($37,979) based on out-of-state rate.

In addition, 1,663 (49.56 % of students) students get helped from the students loans (average amount : $8,000).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,574 (53%)	$7,263	1,593 (53%)	$7,513
2014-15	1,588 (52%)	$7,500	1,648 (54%)	$8,141
2015-16	1,798 (57%)	$8,321	1,669 (53%)	$8,340
2016-17	1,946 (61%)	$8,567	1,644 (52%)	$8,125
2017-18	2,146 (62%)	$9,304	1,811 (53%)	$7,922
2018-19	2,284 (62%)	$9,518	1,783 (49%)	$8,323
2019-20	2,314 (62%)	$9,908	1,727 (47%)	$7,950
2020-21	2,389 (70%)	$10,110	1,505 (44%)	$7,606
2021-22	2,829 (74%)	$10,760	1,586 (41%)	$8,079
Average	2,096 (61.44%)	$9,028	1,663 (49.56%)	$8,000

^*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, 936 (27.67 % of students) received Pell (federal) grants and its average amount is $4,814.

In addition, 1,206 students received State/local government grants/scholarships (35.33 % 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	753 (25%)	$4,424	365 (12%)	$512	967 (32%)	$3,535	594 (20%)	$7,568
2014-15	783 (26%)	$4,494	392 (13%)	$485	847 (28%)	$3,562	706 (23%)	$7,345
2015-16	868 (28%)	$4,627	273 (9%)	$392	920 (29%)	$3,775	911 (29%)	$8,085
2016-17	874 (28%)	$4,527	374 (12%)	$485	1,227 (39%)	$3,745	895 (28%)	$8,868
2017-18	1,042 (30%)	$4,785	431 (13%)	$526	1,236 (36%)	$3,931	1,132 (33%)	$8,740
2018-19	982 (27%)	$4,890	414 (11%)	$519	1,395 (38%)	$3,583	1,353 (37%)	$8,664
2019-20	1,065 (29%)	$5,058	954 (26%)	$1,041	1,374 (37%)	$3,556	1,256 (34%)	$9,284
2020-21	965 (28%)	$5,120	1,029 (30%)	$1,489	1,373 (40%)	$4,059	1,553 (45%)	$7,796
2021-22	1,092 (28%)	$5,399	1,671 (43%)	$2,163	1,513 (39%)	$3,974	2,227 (58%)	$6,698
Average	936 (27.67%)	$4,814	656 (18.78%)	$846	1,206 (35.33%)	$3,747	1,181 (34.11%)	$8,116

^*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, 1,663 (49.56 % of students) get any students loan help and its average loan amount is $1,663.

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	1,593 (53%)	$7,513	1,568 (52%)	$5,621	216 (7%)	$14,605
2014-15	1,648 (54%)	$8,141	1,603 (53%)	$5,539	271 (9%)	$16,742
2015-16	1,669 (53%)	$8,340	1,636 (52%)	$5,425	302 (10%)	$16,701
2016-17	1,644 (52%)	$8,125	1,603 (50%)	$5,360	295 (9%)	$16,157
2017-18	1,811 (53%)	$7,922	1,765 (51%)	$5,297	309 (9%)	$16,175
2018-19	1,783 (49%)	$8,323	1,726 (47%)	$5,190	330 (9%)	$17,826
2019-20	1,727 (47%)	$7,950	1,674 (45%)	$5,182	295 (8%)	$17,132
2020-21	1,505 (44%)	$7,606	1,471 (43%)	$5,006	221 (6%)	$18,474
2021-22	1,586 (41%)	$8,079	1,537 (40%)	$5,088	263 (7%)	$18,984
Average	1,663 (49.56%)	$8,000	1,620 (48.11%)	$5,301	278 (8.22%)	$16,977

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Scholarships, Grants, and Loan Trends at GMU

All Undergraduate Students Financial Aid Over Time

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