Scholarships, Grants, and Loan Trends at Herzing University-Toledo

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 191, which is 93.60 % of all undergraduate students. 187 students which is 91.80% of undergraduate students received federal student loans and the average loan amount is $8,295.
For full-time, first-time beginning students (freshmen), 96.80% of students received grants or scholarships and 94% 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-Toledo since 2013.
For that period, the average number of students who received grants aid/scholarships is 191, which is 93.60 % of all undergraduate students. 187 students which is 91.80% of undergraduate students received federal student loans and the average loan amount is $8,295.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14183 (89%)$4,894173 (84%)$4,295178 (87%)$6,237
2014-15175 (95%)$5,335166 (90%)$4,487168 (91%)$8,887
2015-16207 (96%)$6,884197 (92%)$4,739198 (92%)$8,538
2016-17192 (95%)$7,336177 (88%)$4,826191 (95%)$8,958
2017-18199 (93%)$8,212188 (88%)$5,264200 (94%)$8,857
Average191 (93.60%)$6,532180 (88.40%)$4,722187 (91.80%)$8,295

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

For the last 6 years, on average, 25 (96.80 % of students) received grants or scholarships and its average amount is $6,116. It can cover 43.69% of tuition & fees ($14,000).
In addition, 24 (94.00 % of students) students get helped from the students loans (average amount : $7,876).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1427 (87%)$5,12628 (90%)$7,928
2014-1519 (100%)$3,97018 (95%)$5,827
2015-1638 (97%)$6,01937 (95%)$7,975
2016-1724 (100%)$7,18123 (96%)$9,266
2017-1816 (100%)$8,28515 (94%)$8,385
Average25 (96.80%)$6,11624 (94.00%)$7,876
*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 6 years, on average, 25 (96.20 % of students) received Pell (federal) grants and its average amount is $4,492.
In addition, 17 students received State/local government grants/scholarships (68.00 % 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
2013-1426 (84%)$4,488--14 (45%)$97112 (39%)$679
2014-1519 (100%)$3,425--8 (42%)$6116 (32%)$912
2015-1638 (97%)$4,23032 (82%)$11629 (74%)$2,02216 (41%)$351
2016-1724 (100%)$4,99722 (92%)$12019 (79%)$2,3661 (4%)$4,815
2017-1816 (100%)$5,31914 (88%)$10416 (100%)$2,2281 (6%)$10,359
Average25 (96.20%)$4,49223 (87.33%)$11317 (68.00%)$1,6407 (24.40%)$3,423
*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 6 years, on average, 24 (94.00 % of students) get any students loan help and its average loan amount is $24.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1428 (90%)$7,92828 (90%)$7,5701 (3%)$10,019
2014-1518 (95%)$5,82718 (95%)$5,827--
2015-1637 (95%)$7,97537 (95%)$7,975--
2016-1723 (96%)$9,26623 (96%)$9,266--
2017-1815 (94%)$8,38515 (94%)$8,385--
Average24 (94.00%)$7,87624 (94.00%)$7,8051 (3.00%)$10,019
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