How Houghton'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 Houghton University since 2013.

For that period, the average number of students who received grants aid/scholarships is 941, which is 95.89 % of all undergraduate students. 676 students which is 68.33% of undergraduate students received federal student loans and the average loan amount is $7,211.

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	993 (95%)	$16,350	430 (41%)	$4,009	746 (71%)	$7,541
2014-15	1,015 (97%)	$15,711	462 (44%)	$3,902	740 (71%)	$8,914
2015-16	986 (98%)	$21,079	424 (42%)	$4,161	820 (81%)	$8,899
2016-17	1,018 (98%)	$20,344	415 (40%)	$4,299	814 (78%)	$6,925
2017-18	967 (94%)	$18,133	415 (40%)	$4,425	652 (63%)	$7,050
2018-19	950 (96%)	$25,468	441 (45%)	$4,248	673 (68%)	$6,540
2019-20	911 (97%)	$25,494	369 (39%)	$4,538	615 (65%)	$6,391
2020-21	815 (94%)	$25,940	308 (35%)	$4,570	523 (60%)	$6,367
2021-22	812 (94%)	$9,078	334 (39%)	$4,766	502 (58%)	$6,272
Average	941 (95.89%)	$19,733	400 (40.56%)	$4,324	676 (68.33%)	$7,211

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

Overview

For the last 10 years, on average, 244 (99.44 % of students) received grants or scholarships and its average amount is $18,361. It can cover 106.19% of tuition & fees ($17,290).

In addition, 173 (69.78 % of students) students get helped from the students loans (average amount : $8,094).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	223 (100%)	$16,950	158 (71%)	$8,018
2014-15	250 (100%)	$18,073	207 (82%)	$7,657
2015-16	265 (100%)	$19,342	222 (83%)	$7,706
2016-17	271 (100%)	$22,690	226 (83%)	$7,858
2017-18	263 (99%)	$17,774	163 (61%)	$8,402
2018-19	253 (98%)	$20,114	170 (66%)	$8,033
2019-20	267 (99%)	$19,764	168 (62%)	$8,281
2020-21	195 (100%)	$21,951	121 (62%)	$9,246
2021-22	208 (99%)	$8,587	122 (58%)	$7,643
Average	244 (99.44%)	$18,361	173 (69.78%)	$8,094

^*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 10 years, on average, 113 (45.78 % of students) received Pell (federal) grants and its average amount is $4,515.

In addition, 112 students received State/local government grants/scholarships (45.22 % 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	90 (40%)	$4,074	4 (2%)	$3,965	89 (40%)	$2,567	223 (100%)	$14,210
2014-15	113 (45%)	$4,061	5 (2%)	$1,790	114 (45%)	$2,843	238 (95%)	$15,657
2015-16	114 (43%)	$4,358	8 (3%)	$2,708	130 (49%)	$2,946	263 (99%)	$16,062
2016-17	116 (43%)	$4,302	31 (11%)	$827	116 (43%)	$3,436	271 (100%)	$19,283
2017-18	140 (53%)	$4,649	15 (6%)	$1,208	136 (51%)	$3,322	227 (85%)	$15,655
2018-19	131 (51%)	$4,400	9 (4%)	$1,306	129 (50%)	$2,975	237 (92%)	$17,371
2019-20	129 (48%)	$4,674	19 (7%)	$1,844	130 (48%)	$3,067	244 (90%)	$17,379
2020-21	82 (42%)	$4,799	6 (3%)	$1,889	85 (44%)	$2,962	171 (88%)	$21,192
2021-22	98 (47%)	$5,317	118 (56%)	$3,446	78 (37%)	$3,525	50 (24%)	$11,668
Average	113 (45.78%)	$4,515	24 (10.44%)	$2,109	112 (45.22%)	$3,071	214 (85.89%)	$16,497

^*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 10 years, on average, 173 (69.78 % of students) get any students loan help and its average loan amount is $173.

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	158 (71%)	$8,018	158 (71%)	$6,396	24 (11%)	$10,683
2014-15	207 (82%)	$7,657	207 (82%)	$6,542	23 (9%)	$10,033
2015-16	222 (83%)	$7,706	220 (83%)	$6,090	37 (14%)	$10,028
2016-17	226 (83%)	$7,858	226 (83%)	$5,836	47 (17%)	$9,719
2017-18	163 (61%)	$8,402	163 (61%)	$6,194	30 (11%)	$11,997
2018-19	170 (66%)	$8,033	170 (66%)	$5,332	45 (18%)	$10,203
2019-20	168 (62%)	$8,281	168 (62%)	$5,224	43 (16%)	$11,942
2020-21	121 (62%)	$9,246	121 (62%)	$5,120	36 (18%)	$13,866
2021-22	122 (58%)	$7,643	122 (58%)	$5,297	22 (10%)	$13,013
Average	173 (69.78%)	$8,094	173 (69.78%)	$5,781	34 (13.78%)	$11,276

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Scholarships, Grants, and Loan Trends at Houghton

All Undergraduate Students Financial Aid Over Time

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