How GCU'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 Grand Canyon University since 2013.

For that period, the average number of students who received grants aid/scholarships is 36,454, which is 71.44 % of all undergraduate students. 29,409 students which is 58.56% of undergraduate students received federal student loans and the average loan amount is $8,148.

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	24,709 (70%)	$7,508	17,795 (51%)	$5,103	21,790 (62%)	$8,182
2014-15	27,672 (70%)	$7,909	18,805 (48%)	$5,074	25,239 (64%)	$8,025
2015-16	29,858 (69%)	$7,913	19,809 (46%)	$5,036	25,835 (60%)	$7,772
2016-17	31,968 (69%)	$7,736	20,603 (45%)	$5,123	26,996 (58%)	$7,813
2017-18	35,050 (71%)	$7,074	22,887 (46%)	$4,363	29,446 (59%)	$8,396
2018-19	38,515 (71%)	$7,322	24,607 (45%)	$4,645	31,656 (58%)	$8,379
2019-20	42,420 (72%)	$7,683	26,291 (45%)	$4,748	33,958 (58%)	$8,471
2020-21	45,262 (71%)	$7,504	27,481 (43%)	$4,798	35,046 (55%)	$8,251
2021-22	52,628 (80%)	$7,183	28,023 (43%)	$4,829	34,713 (53%)	$8,043
Average	36,454 (71.44%)	$7,537	22,922 (45.78%)	$4,858	29,409 (58.56%)	$8,148

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

Overview

For the last 10 years, on average, 3,569 (98.33 % of students) received grants or scholarships and its average amount is $10,430. It can cover 60.42% of tuition & fees ($17,263).

In addition, 2,335 (67.22 % of students) students get helped from the students loans (average amount : $7,180).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,530 (98%)	$11,217	1,133 (73%)	$7,161
2014-15	1,991 (98%)	$11,410	1,498 (73%)	$7,189
2015-16	2,408 (98%)	$10,053	1,764 (72%)	$7,204
2016-17	2,325 (98%)	$10,181	1,646 (69%)	$7,266
2017-18	2,329 (97%)	$9,855	1,669 (70%)	$7,135
2018-19	2,690 (99%)	$9,933	1,853 (68%)	$7,167
2019-20	5,647 (99%)	$11,337	3,538 (62%)	$7,254
2020-21	6,591 (100%)	$10,225	3,996 (60%)	$7,010
2021-22	6,609 (98%)	$9,662	3,920 (58%)	$7,238
Average	3,569 (98.33%)	$10,430	2,335 (67.22%)	$7,180

^*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, 1,321 (39.33 % of students) received Pell (federal) grants and its average amount is $4,756.

In addition, 30 students received State/local government grants/scholarships (1.33 % 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	740 (48%)	$4,483	213 (14%)	$1,114	8 (1%)	$936	1,506 (97%)	$9,030
2014-15	908 (45%)	$4,513	120 (6%)	$1,105	8 (0%)	$876	1,942 (95%)	$9,516
2015-16	1,028 (42%)	$4,530	168 (7%)	$1,087	19 (1%)	$895	2,352 (95%)	$8,227
2016-17	959 (40%)	$4,504	310 (13%)	$1,047	58 (2%)	$672	2,302 (97%)	$8,248
2017-18	1,042 (43%)	$4,839	298 (12%)	$1,029	30 (1%)	$785	2,278 (95%)	$7,717
2018-19	1,074 (39%)	$4,892	289 (11%)	$974	58 (2%)	$879	2,658 (98%)	$7,951
2019-20	1,856 (33%)	$4,908	5,004 (88%)	$971	21 (0%)	$857	5,545 (98%)	$9,023
2020-21	2,244 (34%)	$5,004	5,752 (87%)	$663	28 (0%)	$808	6,439 (97%)	$8,127
2021-22	2,038 (30%)	$5,128	2,088 (31%)	$783	36 (1%)	$806	6,500 (97%)	$7,960
Average	1,321 (39.33%)	$4,756	1,582 (29.89%)	$975	30 (1.33%)	$835	3,502 (96.56%)	$8,422

^*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, 2,335 (67.22 % of students) get any students loan help and its average loan amount is $2,335.

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	1,133 (73%)	$7,161	1,133 (73%)	$6,795	41 (3%)	$10,129
2014-15	1,498 (73%)	$7,189	1,494 (73%)	$6,565	90 (4%)	$10,682
2015-16	1,764 (72%)	$7,204	1,754 (71%)	$6,325	161 (7%)	$10,025
2016-17	1,646 (69%)	$7,266	1,625 (68%)	$6,233	173 (7%)	$10,581
2017-18	1,669 (70%)	$7,135	1,660 (69%)	$5,760	201 (8%)	$11,675
2018-19	1,853 (68%)	$7,167	1,837 (67%)	$5,587	275 (10%)	$10,974
2019-20	3,538 (62%)	$7,254	3,507 (62%)	$5,541	529 (9%)	$11,782
2020-21	3,996 (60%)	$7,010	3,943 (60%)	$5,346	536 (8%)	$12,937
2021-22	3,920 (58%)	$7,238	3,872 (58%)	$5,275	606 (9%)	$13,118
Average	2,335 (67.22%)	$7,180	2,314 (66.78%)	$5,936	290 (7.22%)	$11,323

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Scholarships, Grants, and Loan Trends at GCU

All Undergraduate Students Financial Aid Over Time

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