Scholarships, Grants, and Loan Trends at Heritage

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 780, which is 95.89 % of all undergraduate students. 476 students which is 58.11% of undergraduate students received federal student loans and the average loan amount is $6,763.
For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 35% 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 Heritage University since 2013.
For that period, the average number of students who received grants aid/scholarships is 780, which is 95.89 % of all undergraduate students. 476 students which is 58.11% of undergraduate students received federal student loans and the average loan amount is $6,763.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14802 (92%)$12,227674 (77%)$4,203680 (78%)$8,407
2014-15781 (91%)$14,059671 (78%)$4,328634 (74%)$7,683
2015-16803 (96%)$15,571602 (72%)$4,502576 (69%)$7,457
2016-17802 (99%)$15,554612 (76%)$4,439542 (67%)$6,401
2017-18765 (100%)$15,140576 (75%)$4,617453 (59%)$6,177
2018-19737 (95%)$15,077544 (70%)$4,771418 (54%)$6,048
2019-20779 (99%)$15,783542 (69%)$4,780411 (52%)$6,060
2020-21738 (91%)$15,102481 (59%)$4,753327 (40%)$6,766
2021-22809 (100%)$18,352524 (65%)$4,920246 (30%)$5,872
Average780 (95.89%)$15,207581 (71.22%)$4,590476 (58.11%)$6,763

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

For the last 10 years, on average, 93 (99.89 % of students) received grants or scholarships and its average amount is $17,321. It can cover 86.95% of tuition & fees ($19,920).
In addition, 34 (34.78 % of students) students get helped from the students loans (average amount : $3,912).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1473 (99%)$16,85636 (49%)$5,209
2014-15121 (100%)$18,07867 (55%)$3,896
2015-16103 (100%)$19,12644 (43%)$5,016
2016-17108 (100%)$15,71447 (44%)$4,383
2017-18108 (100%)$15,74334 (31%)$3,599
2018-1995 (100%)$16,91532 (34%)$3,753
2019-2090 (100%)$18,73120 (22%)$3,563
2020-2164 (100%)$16,79814 (22%)$2,761
2021-2277 (100%)$17,92910 (13%)$3,031
Average93 (99.89%)$17,32134 (34.78%)$3,912
*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, 70 (75.22 % of students) received Pell (federal) grants and its average amount is $4,877.
In addition, 78 students received State/local government grants/scholarships (83.22 % 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
2013-1467 (91%)$4,76756 (76%)$99658 (78%)$9,92870 (95%)$3,993
2014-15102 (84%)$4,55472 (60%)$1,14296 (79%)$10,065121 (100%)$5,574
2015-1673 (71%)$4,82422 (21%)$38292 (89%)$9,477103 (100%)$7,161
2016-1781 (75%)$4,84129 (27%)$37688 (81%)$9,214108 (100%)$4,474
2017-1887 (81%)$4,70714 (13%)$5,14395 (88%)$9,910102 (94%)$2,718
2018-1966 (69%)$4,89449 (52%)$1,42271 (75%)$10,01282 (86%)$6,138
2019-2056 (62%)$5,29268 (76%)$1,36776 (84%)$11,31161 (68%)$7,162
2020-2150 (78%)$4,79249 (77%)$87257 (89%)$9,15147 (73%)$5,769
2021-2251 (66%)$5,22543 (56%)$1,44966 (86%)$9,92058 (75%)$6,846
Average70 (75.22%)$4,87745 (50.89%)$1,46178 (83.22%)$9,88884 (87.89%)$5,537
*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, 34 (34.78 % of students) get any students loan help and its average loan amount is $34.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1436 (49%)$5,20936 (49%)$5,209--
2014-1567 (55%)$3,89667 (55%)$3,896--
2015-1644 (43%)$5,01644 (43%)$5,016--
2016-1747 (44%)$4,38346 (43%)$3,8544 (4%)$7,181
2017-1834 (31%)$3,59934 (31%)$3,4671 (1%)$4,500
2018-1932 (34%)$3,75332 (34%)$3,753--
2019-2020 (22%)$3,56319 (21%)$3,2251 (1%)$9,987
2020-2114 (22%)$2,76114 (22%)$2,761--
2021-2210 (13%)$3,03110 (13%)$3,031--
Average34 (34.78%)$3,91234 (34.56%)$3,8012 (2.00%)$7,223
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