Scholarships, Grants, and Loan Trends at Herzing University-New Orleans

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 381, which is 94.00 % of all undergraduate students. 364 students which is 90.00% of undergraduate students received federal student loans and the average loan amount is $8,982.
For full-time, first-time beginning students (freshmen), 97.44% of students received grants or scholarships and 87% 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 Herzing University-New Orleans since 2013.
For that period, the average number of students who received grants aid/scholarships is 381, which is 94.00 % of all undergraduate students. 364 students which is 90.00% of undergraduate students received federal student loans and the average loan amount is $8,982.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14272 (89%)$4,326253 (83%)$4,260279 (91%)$6,817
2014-15331 (96%)$5,190304 (88%)$4,874322 (93%)$11,002
2015-16440 (95%)$4,792401 (87%)$4,515425 (92%)$9,545
2016-17457 (98%)$4,660399 (86%)$4,285420 (90%)$9,382
2017-18380 (95%)$5,492335 (84%)$4,978366 (92%)$9,480
2018-19389 (94%)$5,597345 (83%)$5,190370 (89%)$9,346
2019-20406 (95%)$5,719366 (85%)$5,077391 (91%)$8,724
2020-21407 (92%)$5,332354 (80%)$4,847392 (88%)$8,567
2021-22343 (92%)$5,538279 (75%)$4,813312 (84%)$7,973
Average381 (94.00%)$5,183337 (83.44%)$4,760364 (90.00%)$8,982

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

For the last 10 years, on average, 18 (97.44 % of students) received grants or scholarships and its average amount is $5,220. It can cover 38.90% of tuition & fees ($13,420).
In addition, 16 (87.22 % of students) students get helped from the students loans (average amount : $8,143).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1416 (89%)$4,31317 (94%)$8,919
2014-1526 (100%)$5,93326 (100%)$9,949
2015-1631 (97%)$5,34025 (78%)$9,466
2016-1720 (91%)$3,33122 (100%)$6,518
2017-187 (100%)$6,8806 (86%)$5,106
2018-1913 (100%)$4,2709 (69%)$6,379
2019-2012 (100%)$7,19811 (92%)$9,024
2020-2121 (100%)$4,98017 (81%)$8,526
2021-2213 (100%)$4,73811 (85%)$9,396
Average18 (97.44%)$5,22016 (87.22%)$8,143
*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, 17 (90.67 % of students) received Pell (federal) grants and its average amount is $4,543.
In addition, 1 students received State/local government grants/scholarships (4.00 % 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
2013-1416 (89%)$4,154----2 (11%)$1,270
2014-1526 (100%)$5,16724 (92%)$1171 (4%)$9887 (27%)$2,307
2015-1630 (94%)$4,70122 (69%)$120--23 (72%)$951
2016-1718 (82%)$3,39517 (77%)$106--3 (14%)$1,233
2017-187 (100%)$4,6536 (86%)$100--2 (29%)$7,493
2018-1912 (92%)$3,87410 (77%)$120--6 (46%)$1,304
2019-2012 (100%)$5,77612 (100%)$129--3 (25%)$5,171
2020-2119 (90%)$4,35814 (67%)$136--7 (33%)$2,839
2021-229 (69%)$4,8127 (54%)$400--8 (62%)$1,936
Average17 (90.67%)$4,54314 (77.75%)$1541 (4.00%)$9887 (35.44%)$2,723
*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, 16 (87.22 % of students) get any students loan help and its average loan amount is $16.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1417 (94%)$8,91917 (94%)$8,919--
2014-1526 (100%)$9,94926 (100%)$9,949--
2015-1625 (78%)$9,46625 (78%)$9,466--
2016-1722 (100%)$6,51822 (100%)$6,518--
2017-186 (86%)$5,1066 (86%)$5,106--
2018-199 (69%)$6,3799 (69%)$6,379--
2019-2011 (92%)$9,02411 (92%)$9,024--
2020-2117 (81%)$8,52617 (81%)$8,526--
2021-2211 (85%)$9,39611 (85%)$8,6371 (8%)$8,353
Average16 (87.22%)$8,14316 (87.22%)$8,0581 (8.00%)$8,353
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