How Howard'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 Howard College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,796, which is 67.67 % of all undergraduate students. 394 students which is 9.67% of undergraduate students received federal student loans and the average loan amount is $4,905.

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	2,698 (65%)	$2,810	1,211 (29%)	$4,077	564 (14%)	$4,309
2014-15	2,520 (67%)	$3,620	1,015 (27%)	$4,623	401 (11%)	$4,593
2015-16	2,597 (64%)	$2,676	869 (21%)	$4,627	354 (9%)	$5,192
2016-17	2,868 (64%)	$2,743	974 (22%)	$4,785	497 (11%)	$2,105
2017-18	2,783 (65%)	$2,433	1,005 (24%)	$3,774	385 (9%)	$5,204
2018-19	3,044 (68%)	$2,911	1,069 (24%)	$5,141	373 (8%)	$5,527
2019-20	3,062 (71%)	$3,106	1,043 (24%)	$5,463	385 (9%)	$5,724
2020-21	2,532 (69%)	$3,698	867 (24%)	$5,422	320 (9%)	$6,003
2021-22	3,059 (76%)	$2,754	879 (22%)	$3,997	265 (7%)	$5,492
Average	2,796 (67.67%)	$2,972	992 (24.11%)	$4,657	394 (9.67%)	$4,905

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

Overview

For the last 10 years, on average, 293 (82.00 % of students) received grants or scholarships and its average amount is $6,009. It can cover 98.90% of tuition & fees ($6,076) based on out-of-state rate.

In addition, 47 (13.33 % of students) students get helped from the students loans (average amount : $4,207).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	276 (80%)	$5,491	72 (21%)	$4,138
2014-15	285 (86%)	$5,088	50 (15%)	$3,829
2015-16	208 (73%)	$6,160	41 (14%)	$4,051
2016-17	299 (83%)	$5,699	64 (18%)	$3,916
2017-18	330 (80%)	$5,370	46 (11%)	$4,486
2018-19	342 (83%)	$5,949	54 (13%)	$3,949
2019-20	317 (87%)	$6,468	35 (10%)	$4,603
2020-21	261 (79%)	$6,780	33 (10%)	$5,073
2021-22	317 (87%)	$7,076	30 (8%)	$3,820
Average	293 (82.00%)	$6,009	47 (13.33%)	$4,207

^*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, 195 (54.78 % of students) received Pell (federal) grants and its average amount is $4,754.

In addition, 98 students received State/local government grants/scholarships (27.67 % 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	197 (57%)	$4,111	31 (9%)	$757	91 (26%)	$2,127	131 (38%)	$3,730
2014-15	203 (61%)	$4,558	33 (10%)	$1,102	91 (27%)	$1,861	101 (30%)	$3,159
2015-16	136 (48%)	$4,623	5 (2%)	$600	99 (35%)	$2,372	88 (31%)	$4,712
2016-17	185 (51%)	$4,510	19 (5%)	$474	138 (38%)	$2,078	147 (41%)	$3,904
2017-18	220 (54%)	$4,543	12 (3%)	$557	131 (32%)	$2,391	123 (30%)	$3,679
2018-19	240 (59%)	$4,912	33 (8%)	$500	126 (31%)	$2,382	140 (34%)	$3,852
2019-20	215 (59%)	$5,408	150 (41%)	$1,045	105 (29%)	$2,691	104 (28%)	$4,312
2020-21	173 (52%)	$5,260	90 (27%)	$2,343	52 (16%)	$2,983	85 (26%)	$5,807
2021-22	188 (52%)	$4,861	185 (51%)	$2,162	53 (15%)	$3,502	126 (35%)	$5,903
Average	195 (54.78%)	$4,754	62 (17.33%)	$1,060	98 (27.67%)	$2,487	116 (32.56%)	$4,340

^*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, 47 (13.33 % of students) get any students loan help and its average loan amount is $47.

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	72 (21%)	$4,138	72 (21%)	$3,972	3 (1%)	$4,000
2014-15	50 (15%)	$3,829	50 (15%)	$3,829	-	-
2015-16	41 (14%)	$4,051	40 (14%)	$4,059	1 (0%)	$3,750
2016-17	64 (18%)	$3,916	64 (18%)	$3,916	-	-
2017-18	46 (11%)	$4,486	46 (11%)	$4,486	-	-
2018-19	54 (13%)	$3,949	54 (13%)	$3,949	-	-
2019-20	35 (10%)	$4,603	34 (9%)	$4,631	1 (0%)	$3,654
2020-21	33 (10%)	$5,073	32 (10%)	$5,110	1 (0%)	$3,883
2021-22	30 (8%)	$3,820	30 (8%)	$3,820	-	-
Average	47 (13.33%)	$4,207	47 (13.22%)	$4,197	2 (1.00%)	$3,822

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Scholarships, Grants, and Loan Trends at Howard

All Undergraduate Students Financial Aid Over Time

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