How Heritage'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 Heritage University since 2013.

For that period, the average number of students who received grants aid/scholarships is 778, which is 95.90 % of all undergraduate students. 454 students which is 55.50% of undergraduate students received federal student loans and the average loan amount is $6,829.

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	802 (92%)	$12,227	674 (77%)	$4,203	680 (78%)	$8,407
2014-15	781 (91%)	$14,059	671 (78%)	$4,328	634 (74%)	$7,683
2015-16	803 (96%)	$15,571	602 (72%)	$4,502	576 (69%)	$7,457
2016-17	802 (99%)	$15,554	612 (76%)	$4,439	542 (67%)	$6,401
2017-18	765 (100%)	$15,140	576 (75%)	$4,617	453 (59%)	$6,177
2018-19	737 (95%)	$15,077	544 (70%)	$4,771	418 (54%)	$6,048
2019-20	779 (99%)	$15,783	542 (69%)	$4,780	411 (52%)	$6,060
2020-21	738 (91%)	$15,102	481 (59%)	$4,753	327 (40%)	$6,766
2021-22	809 (100%)	$18,352	524 (65%)	$4,920	246 (30%)	$5,872
2022-23	761 (96%)	$18,164	499 (63%)	$4,977	252 (32%)	$7,420
Average	778 (95.90%)	$15,503	573 (70.40%)	$4,629	454 (55.50%)	$6,829

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

Overview

For the last 11 years, on average, 97 (99.70 % of students) received grants or scholarships and its average amount is $17,338. It can cover 87.04% of tuition & fees ($19,920).

In addition, 33 (33.40 % of students) students get helped from the students loans (average amount : $4,057).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	73 (99%)	$16,856	36 (49%)	$5,209
2014-15	121 (100%)	$18,078	67 (55%)	$3,896
2015-16	103 (100%)	$19,126	44 (43%)	$5,016
2016-17	108 (100%)	$15,714	47 (44%)	$4,383
2017-18	108 (100%)	$15,743	34 (31%)	$3,599
2018-19	95 (100%)	$16,915	32 (34%)	$3,753
2019-20	90 (100%)	$18,731	20 (22%)	$3,563
2020-21	64 (100%)	$16,798	14 (22%)	$2,761
2021-22	77 (100%)	$17,929	10 (13%)	$3,031
2022-23	126 (98%)	$17,486	27 (21%)	$5,360
Average	97 (99.70%)	$17,338	33 (33.40%)	$4,057

^*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 11 years, on average, 73 (75.30 % of students) received Pell (federal) grants and its average amount is $4,900.

In addition, 82 students received State/local government grants/scholarships (84.30 % 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	67 (91%)	$4,767	56 (76%)	$996	58 (78%)	$9,928	70 (95%)	$3,993
2014-15	102 (84%)	$4,554	72 (60%)	$1,142	96 (79%)	$10,065	121 (100%)	$5,574
2015-16	73 (71%)	$4,824	22 (21%)	$382	92 (89%)	$9,477	103 (100%)	$7,161
2016-17	81 (75%)	$4,841	29 (27%)	$376	88 (81%)	$9,214	108 (100%)	$4,474
2017-18	87 (81%)	$4,707	14 (13%)	$5,143	95 (88%)	$9,910	102 (94%)	$2,718
2018-19	66 (69%)	$4,894	49 (52%)	$1,422	71 (75%)	$10,012	82 (86%)	$6,138
2019-20	56 (62%)	$5,292	68 (76%)	$1,367	76 (84%)	$11,311	61 (68%)	$7,162
2020-21	50 (78%)	$4,792	49 (77%)	$872	57 (89%)	$9,151	47 (73%)	$5,769
2021-22	51 (66%)	$5,225	43 (56%)	$1,449	66 (86%)	$9,920	58 (75%)	$6,846
2022-23	97 (76%)	$5,106	52 (41%)	$1,541	120 (94%)	$9,149	118 (92%)	$4,491
Average	73 (75.30%)	$4,900	45 (49.90%)	$1,469	82 (84.30%)	$9,814	87 (88.30%)	$5,433

^*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 11 years, on average, 33 (33.40 % of students) get any students loan help and its average loan amount is $33.

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	36 (49%)	$5,209	36 (49%)	$5,209	-	-
2014-15	67 (55%)	$3,896	67 (55%)	$3,896	-	-
2015-16	44 (43%)	$5,016	44 (43%)	$5,016	-	-
2016-17	47 (44%)	$4,383	46 (43%)	$3,854	4 (4%)	$7,181
2017-18	34 (31%)	$3,599	34 (31%)	$3,467	1 (1%)	$4,500
2018-19	32 (34%)	$3,753	32 (34%)	$3,753	-	-
2019-20	20 (22%)	$3,563	19 (21%)	$3,225	1 (1%)	$9,987
2020-21	14 (22%)	$2,761	14 (22%)	$2,761	-	-
2021-22	10 (13%)	$3,031	10 (13%)	$3,031	-	-
2022-23	27 (21%)	$5,360	27 (21%)	$5,360	-	-
Average	33 (33.40%)	$4,057	33 (33.20%)	$3,957	2 (2.00%)	$7,223

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Scholarships, Grants, and Loan Trends at Heritage

All Undergraduate Students Financial Aid Over Time

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