Scholarships, Grants, and Loan Trends at Goodwin

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,912, which is 87.44 % of all undergraduate students. 2,227 students which is 66.33% of undergraduate students received federal student loans and the average loan amount is $10,875.
For full-time, first-time beginning students (freshmen), 96.78% of students received grants or scholarships and 80% 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 Goodwin University since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,912, which is 87.44 % of all undergraduate students. 2,227 students which is 66.33% of undergraduate students received federal student loans and the average loan amount is $10,875.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,080 (91%)$6,3651,782 (53%)$3,3312,820 (83%)$8,739
2014-153,198 (94%)$6,2251,807 (53%)$3,3272,806 (83%)$9,088
2015-162,950 (88%)$5,9881,641 (49%)$3,3842,633 (78%)$9,490
2016-173,014 (85%)$5,6571,760 (50%)$3,2502,802 (79%)$9,218
2017-182,993 (90%)$5,7001,769 (53%)$3,3672,648 (79%)$8,899
2018-192,988 (89%)$5,7322,620 (78%)$2,2351,722 (51%)$12,684
2019-202,837 (88%)$5,5692,482 (77%)$2,2151,613 (50%)$12,909
2020-212,699 (84%)$5,4902,387 (74%)$2,1411,491 (46%)$13,791
2021-222,447 (78%)$4,1242,348 (74%)$2,1611,507 (48%)$13,058
Average2,912 (87.44%)$5,6502,066 (62.33%)$2,8232,227 (66.33%)$10,875

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

For the last 10 years, on average, 88 (96.78 % of students) received grants or scholarships and its average amount is $13,164. It can cover 62.13% of tuition & fees ($21,188).
In addition, 73 (80.11 % of students) students get helped from the students loans (average amount : $7,042).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14107 (92%)$10,619100 (86%)$8,473
2014-15176 (100%)$14,251147 (84%)$6,621
2015-16111 (99%)$12,863103 (92%)$8,317
2016-1758 (95%)$11,69249 (80%)$8,173
2017-1835 (97%)$14,00631 (86%)$7,268
2018-1963 (98%)$15,23548 (75%)$6,356
2019-2089 (96%)$15,80468 (73%)$5,372
2020-2173 (99%)$11,77955 (74%)$6,010
2021-2281 (95%)$12,22360 (71%)$6,791
Average88 (96.78%)$13,16473 (80.11%)$7,042
*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, 59 (64.22 % of students) received Pell (federal) grants and its average amount is $4,630.
In addition, 33 students received State/local government grants/scholarships (32.00 % 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
2013-1481 (70%)$4,25022 (19%)$79068 (59%)$2,013105 (91%)$6,073
2014-15117 (66%)$4,29319 (11%)$770105 (60%)$2,490172 (98%)$10,057
2015-1683 (74%)$4,67038 (34%)$58744 (39%)$1,699108 (96%)$8,733
2016-1739 (64%)$3,96112 (20%)$1,05619 (31%)$2,35658 (95%)$8,039
2017-1821 (58%)$5,6376 (17%)$1,20816 (44%)$2,21735 (97%)$9,403
2018-1940 (63%)$5,28312 (19%)$1,3398 (13%)$2,26863 (98%)$11,338
2019-2061 (66%)$4,93517 (18%)$1,75516 (17%)$3,18686 (92%)$11,914
2020-2146 (62%)$4,42315 (20%)$2,22212 (16%)$3,15169 (93%)$8,482
2021-2247 (55%)$4,21718 (21%)$1,4338 (9%)$2,76179 (93%)$9,418
Average59 (64.22%)$4,63018 (19.89%)$1,24033 (32.00%)$2,46086 (94.78%)$9,273
*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, 73 (80.11 % of students) get any students loan help and its average loan amount is $73.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14100 (86%)$8,473100 (86%)$8,473--
2014-15147 (84%)$6,621146 (83%)$6,6311 (1%)$5,238
2015-16103 (92%)$8,317103 (92%)$8,2331 (1%)$8,588
2016-1749 (80%)$8,17349 (80%)$8,1181 (2%)$2,694
2017-1831 (86%)$7,26831 (86%)$7,1721 (3%)$3,000
2018-1948 (75%)$6,35648 (75%)$6,356--
2019-2068 (73%)$5,37268 (73%)$5,372--
2020-2155 (74%)$6,01054 (73%)$5,9181 (1%)$11,000
2021-2260 (71%)$6,79159 (69%)$6,4973 (4%)$8,038
Average73 (80.11%)$7,04273 (79.67%)$6,9741 (2.00%)$6,426
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