Scholarships, Grants, and Loan Trends at Kean

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,867, which is 58.67 % of all undergraduate students. 6,912 students which is 58.67% of undergraduate students received federal student loans and the average loan amount is $6,960.
For full-time, first-time beginning students (freshmen), 73.22% of students received grants or scholarships and 62% 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 Kean University since 2013.
For that period, the average number of students who received grants aid/scholarships is 6,867, which is 58.67 % of all undergraduate students. 6,912 students which is 58.67% of undergraduate students received federal student loans and the average loan amount is $6,960.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,785 (48%)$6,5655,203 (43%)$4,1237,503 (62%)$7,258
2014-155,993 (50%)$6,6695,397 (45%)$4,1947,566 (63%)$7,240
2015-165,929 (50%)$6,8465,315 (45%)$4,2847,307 (62%)$7,155
2016-176,062 (51%)$6,6435,237 (44%)$4,2187,275 (62%)$7,043
2017-186,593 (55%)$6,9615,578 (47%)$4,4597,277 (61%)$6,951
2018-196,850 (58%)$7,1415,717 (48%)$4,5977,165 (61%)$6,953
2019-207,989 (66%)$6,9735,730 (47%)$4,6656,905 (57%)$6,881
2020-218,068 (69%)$7,0525,300 (45%)$4,6706,111 (52%)$6,554
2021-228,534 (81%)$9,8975,009 (47%)$5,2975,098 (48%)$6,603
Average6,867 (58.67%)$7,1945,387 (45.67%)$4,5016,912 (58.67%)$6,960

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

For the last 10 years, on average, 1,172 (73.22 % of students) received grants or scholarships and its average amount is $8,586. It can cover 40.74% of tuition & fees ($21,076) based on out-of-state rate.
In addition, 992 (62.22 % of students) students get helped from the students loans (average amount : $9,291).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14908 (61%)$8,068979 (66%)$9,106
2014-15884 (60%)$7,889997 (67%)$9,312
2015-16885 (59%)$7,965986 (66%)$10,508
2016-17925 (62%)$8,0891,043 (70%)$9,976
2017-181,270 (72%)$7,5101,187 (67%)$9,865
2018-191,356 (76%)$8,1811,155 (65%)$10,168
2019-201,400 (81%)$8,6861,045 (61%)$10,229
2020-211,501 (91%)$7,764852 (51%)$7,887
2021-221,418 (97%)$13,123685 (47%)$6,569
Average1,172 (73.22%)$8,586992 (62.22%)$9,291
*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, 865 (54.11 % of students) received Pell (federal) grants and its average amount is $4,887.
In addition, 684 students received State/local government grants/scholarships (42.78 % 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
2013-14791 (53%)$4,607157 (11%)$815591 (40%)$5,140184 (12%)$2,803
2014-15747 (50%)$4,626135 (9%)$937556 (37%)$4,959189 (13%)$3,358
2015-16732 (49%)$4,623117 (8%)$838541 (36%)$5,165235 (16%)$3,290
2016-17755 (51%)$4,781172 (12%)$718557 (37%)$5,242246 (16%)$3,371
2017-18968 (55%)$4,812169 (10%)$844713 (41%)$5,290454 (26%)$2,124
2018-191,072 (60%)$4,835320 (18%)$567861 (48%)$5,242515 (29%)$2,359
2019-20985 (57%)$5,183860 (50%)$1,182790 (46%)$5,495562 (33%)$3,020
2020-21867 (52%)$4,928932 (56%)$1,343724 (44%)$4,8911,122 (68%)$2,308
2021-22871 (60%)$5,5881,100 (76%)$2,559819 (56%)$7,2851,254 (86%)$3,955
Average865 (54.11%)$4,887440 (27.78%)$1,089684 (42.78%)$5,412529 (33.22%)$2,954
*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, 992 (62.22 % of students) get any students loan help and its average loan amount is $992.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14979 (66%)$9,106961 (64%)$5,799266 (18%)$12,561
2014-15997 (67%)$9,312971 (65%)$5,679289 (19%)$13,045
2015-16986 (66%)$10,508937 (63%)$5,313390 (26%)$13,802
2016-171,043 (70%)$9,9761,014 (68%)$5,283361 (24%)$13,984
2017-181,187 (67%)$9,8651,150 (65%)$5,332433 (25%)$12,883
2018-191,155 (65%)$10,1681,119 (63%)$5,275418 (23%)$13,974
2019-201,045 (61%)$10,2291,017 (59%)$5,194685 (40%)$7,893
2020-21852 (51%)$7,887816 (49%)$4,968197 (12%)$13,532
2021-22685 (47%)$6,569669 (46%)$4,97483 (6%)$14,128
Average992 (62.22%)$9,291962 (60.22%)$5,313347 (21.44%)$12,867
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