How Laurus'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 Laurus College since 2013.

For that period, the average number of students who received grants aid/scholarships is 905, which is 67.44 % of all undergraduate students. 941 students which is 69.78% of undergraduate students received federal student loans and the average loan amount is $9,236.

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	811 (65%)	$2,766	811 (65%)	$2,766	1,094 (88%)	$4,395
2014-15	1,014 (74%)	$2,683	832 (61%)	$3,199	899 (66%)	$10,514
2015-16	1,029 (54%)	$3,049	941 (49%)	$3,117	1,094 (57%)	$9,911
2016-17	989 (63%)	$2,841	910 (58%)	$2,993	1,082 (69%)	$9,223
2017-18	1,090 (69%)	$3,209	948 (60%)	$3,534	1,122 (71%)	$7,070
2018-19	741 (56%)	$4,295	734 (55%)	$4,218	834 (63%)	$8,948
2019-20	787 (69%)	$5,019	786 (69%)	$4,915	858 (75%)	$9,917
2020-21	860 (77%)	$5,076	841 (75%)	$5,036	713 (64%)	$11,961
2021-22	826 (80%)	$5,241	801 (78%)	$5,208	775 (75%)	$11,189
Average	905 (67.44%)	$3,798	845 (63.33%)	$3,887	941 (69.78%)	$9,236

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

Overview

For the last 10 years, on average, 46 (62.67 % of students) received grants or scholarships and its average amount is $3,367. It can cover 4.04% of tuition & fees ($83,400).

In addition, 62 (84.67 % of students) students get helped from the students loans (average amount : $8,929).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	45 (92%)	$2,838	45 (92%)	$7,498
2014-15	43 (61%)	$3,199	47 (66%)	$10,514
2015-16	89 (94%)	$3,199	89 (94%)	$10,514
2016-17	70 (90%)	$3,069	68 (87%)	$10,412
2017-18	71 (90%)	$3,440	71 (90%)	$9,402
2018-19	59 (89%)	$3,302	59 (89%)	$9,402
2019-20	9 (16%)	$3,422	50 (88%)	$7,603
2020-21	12 (16%)	$3,737	67 (91%)	$7,172
2021-22	15 (16%)	$4,099	61 (65%)	$7,842
Average	46 (62.67%)	$3,367	62 (84.67%)	$8,929

^*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, 45 (61.33 % of students) received Pell (federal) grants and its average amount is $3,445.

In addition, 1 students received State/local government grants/scholarships (2.00 % 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	45 (92%)	$2,838	-	-	-	-	-	-
2014-15	43 (61%)	$3,199	-	-	-	-	-	-
2015-16	89 (94%)	$3,199	-	-	-	-	-	-
2016-17	68 (87%)	$3,130	2 (3%)	$1,000	-	-	-	-
2017-18	71 (90%)	$3,412	2 (3%)	$1,000	-	-	-	-
2018-19	55 (83%)	$3,415	4 (6%)	$1,125	1 (2%)	$2,500	-	-
2019-20	9 (16%)	$3,297	1 (2%)	$1,125	-	-	-	-
2020-21	11 (15%)	$3,981	1 (1%)	$1,055	-	-	-	-
2021-22	13 (14%)	$4,537	2 (2%)	$1,252	-	-	-	-
Average	45 (61.33%)	$3,445	2 (2.83%)	$1,093	1 (2.00%)	$2,500	-	-

^*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, 62 (84.67 % of students) get any students loan help and its average loan amount is $62.

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	45 (92%)	$7,498	45 (92%)	$7,498	-	-
2014-15	47 (66%)	$10,514	47 (66%)	$10,514	-	-
2015-16	89 (94%)	$10,514	89 (94%)	$10,514	-	-
2016-17	68 (87%)	$10,412	68 (87%)	$10,412	-	-
2017-18	71 (90%)	$9,402	71 (90%)	$9,402	-	-
2018-19	59 (89%)	$9,402	59 (89%)	$9,402	-	-
2019-20	50 (88%)	$7,603	50 (88%)	$7,603	-	-
2020-21	67 (91%)	$7,172	67 (91%)	$7,172	-	-
2021-22	61 (65%)	$7,842	61 (65%)	$7,842	-	-
Average	62 (84.67%)	$8,929	62 (84.67%)	$8,929	-	-

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Scholarships, Grants, and Loan Trends at Laurus

All Undergraduate Students Financial Aid Over Time

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