Scholarships, Grants, and Loan Trends at Hondros College of Nursing

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,599, which is 80.89 % of all undergraduate students. 1,731 students which is 88.44% of undergraduate students received federal student loans and the average loan amount is $8,983.
For full-time, first-time beginning students (freshmen), 84.89% of students received grants or scholarships and 86% 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 Hondros College of Nursing since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,599, which is 80.89 % of all undergraduate students. 1,731 students which is 88.44% of undergraduate students received federal student loans and the average loan amount is $8,983.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,246 (74%)$4,4351,225 (73%)$4,2021,516 (90%)$9,663
2014-151,453 (76%)$4,5141,426 (74%)$4,1841,762 (92%)$10,078
2015-161,446 (72%)$4,3811,390 (70%)$4,1411,727 (87%)$8,721
2016-171,278 (78%)$4,4551,235 (75%)$3,9651,531 (93%)$9,243
2017-181,996 (95%)$12,5571,558 (74%)$4,3681,910 (91%)$8,876
2018-191,677 (80%)$7,3751,572 (75%)$7,1271,871 (89%)$9,094
2019-201,421 (89%)$7,3441,202 (75%)$6,6441,455 (91%)$8,625
2020-211,778 (82%)$7,6031,664 (77%)$7,1311,879 (87%)$8,144
2021-222,093 (82%)$7,6741,923 (76%)$7,1171,929 (76%)$8,399
Average1,599 (80.89%)$6,7041,466 (74.33%)$5,4311,731 (88.44%)$8,983

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

For the last 10 years, on average, 80 (84.89 % of students) received grants or scholarships and its average amount is $5,125. It can cover 23.74% of tuition & fees ($21,591).
In addition, 80 (86.00 % of students) students get helped from the students loans (average amount : $7,019).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1447 (81%)$4,00957 (98%)$7,863
2014-1576 (78%)$4,17888 (91%)$8,059
2015-1680 (84%)$4,03189 (94%)$6,566
2016-1751 (77%)$3,60148 (73%)$6,973
2017-1871 (85%)$3,73969 (82%)$5,742
2018-1968 (84%)$6,70468 (84%)$6,495
2019-2097 (96%)$6,68395 (94%)$8,134
2020-2188 (90%)$6,41573 (74%)$6,497
2021-22141 (89%)$6,769133 (84%)$6,841
Average80 (84.89%)$5,12580 (86.00%)$7,019
*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, 78 (83.44 % of students) received Pell (federal) grants and its average amount is $4,761.
In addition, 3 students received State/local government grants/scholarships (2.75 % 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
2013-1447 (81%)$3,6983 (5%)$9003 (5%)$3,963--
2014-1576 (78%)$3,92418 (19%)$6333 (3%)$2,636--
2015-1680 (84%)$3,89128 (29%)$400----
2016-1750 (76%)$3,34018 (27%)$3001 (2%)$11,250--
2017-1871 (85%)$3,4448 (10%)$3132 (2%)$9,213--
2018-1968 (84%)$6,5016 (7%)$6631 (1%)$9,810--
2019-2087 (86%)$5,95770 (69%)$1,6832 (2%)$6,079--
2020-2187 (89%)$5,900--3 (3%)$5,37419 (19%)$1,849
2021-22140 (88%)$6,194--6 (4%)$5,25733 (21%)$1,690
Average78 (83.44%)$4,76122 (23.71%)$6993 (2.75%)$6,69826 (20.00%)$1,770
*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, 80 (86.00 % of students) get any students loan help and its average loan amount is $80.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1457 (98%)$7,86357 (98%)$7,0046 (10%)$8,158
2014-1588 (91%)$8,05988 (91%)$7,4785 (5%)$10,235
2015-1689 (94%)$6,56689 (94%)$6,3803 (3%)$5,524
2016-1748 (73%)$6,97348 (73%)$6,4243 (5%)$8,792
2017-1869 (82%)$5,74269 (82%)$5,5623 (4%)$4,142
2018-1968 (84%)$6,49568 (84%)$6,4211 (1%)$5,000
2019-2095 (94%)$8,13495 (94%)$7,5435 (5%)$11,215
2020-2173 (74%)$6,49773 (74%)$6,4081 (1%)$6,500
2021-22133 (84%)$6,841132 (83%)$6,5284 (3%)$12,048
Average80 (86.00%)$7,01980 (85.89%)$6,6393 (4.11%)$7,957
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