Scholarships, Grants, and Loan Trends at Generations

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 189, which is 74.78 % of all undergraduate students. 174 students which is 68.44% of undergraduate students received federal student loans and the average loan amount is $4,527.
For full-time, first-time beginning students (freshmen), 73.56% of students received grants or scholarships and 53% 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 Generations College since 2013.
For that period, the average number of students who received grants aid/scholarships is 189, which is 74.78 % of all undergraduate students. 174 students which is 68.44% of undergraduate students received federal student loans and the average loan amount is $4,527.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14184 (86%)$4,434142 (66%)$3,776172 (80%)$6,712
2014-15121 (56%)$3,018103 (48%)$2,077120 (56%)$3,303
2015-16177 (75%)$1,781102 (43%)$1,298140 (60%)$4,254
2016-17145 (67%)$2,14690 (41%)$2,158123 (56%)$4,375
2017-18229 (82%)$3,867199 (71%)$2,570226 (81%)$4,645
2018-19242 (82%)$3,940216 (73%)$2,638244 (83%)$4,479
2019-20232 (84%)$4,049219 (79%)$2,519229 (83%)$4,361
2020-21163 (59%)$5,230158 (57%)$4,761160 (58%)$4,383
2021-22212 (82%)$4,506188 (73%)$2,786151 (59%)$4,228
Average189 (74.78%)$3,663157 (61.22%)$2,731174 (68.44%)$4,527

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

For the last 10 years, on average, 23 (73.56 % of students) received grants or scholarships and its average amount is $4,612. It can cover 36.31% of tuition & fees ($12,700).
In addition, 16 (52.67 % of students) students get helped from the students loans (average amount : $3,761).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1414 (64%)$6,94112 (55%)$3,457
2014-1520 (91%)$3,60814 (64%)$2,849
2015-169 (47%)$3,1428 (42%)$3,711
2016-1720 (80%)$3,73914 (56%)$4,276
2017-1833 (92%)$4,71022 (61%)$4,523
2018-1926 (87%)$3,63925 (83%)$4,535
2019-2027 (73%)$4,36920 (54%)$4,366
2020-2122 (71%)$5,53410 (32%)$3,216
2021-2232 (57%)$5,82315 (27%)$2,919
Average23 (73.56%)$4,61216 (52.67%)$3,761
*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, 21 (66.56 % of students) received Pell (federal) grants and its average amount is $2,836.
In addition, 9 students received State/local government grants/scholarships (28.56 % 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
2013-1413 (59%)$2,58811 (50%)$25014 (64%)$4,0277 (32%)$629
2014-1517 (77%)$2,38113 (59%)$2517 (32%)$3,1897 (32%)$871
2015-167 (37%)$2,7346 (32%)$3082 (11%)$1,3445 (26%)$920
2016-1718 (72%)$2,5465 (20%)$2505 (20%)$2,1716 (24%)$2,811
2017-1830 (83%)$2,91923 (64%)$25016 (44%)$2,40911 (31%)$2,142
2018-1925 (83%)$2,90720 (67%)$2507 (23%)$2,1331 (3%)$2,000
2019-2026 (70%)$3,02615 (41%)$2509 (24%)$2,3937 (19%)$2,000
2020-2121 (68%)$3,17118 (58%)$2506 (19%)$2,55115 (48%)$2,356
2021-2228 (50%)$3,24822 (39%)$25011 (20%)$2,36526 (46%)$2,456
Average21 (66.56%)$2,83615 (47.78%)$2579 (28.56%)$2,5099 (29.00%)$1,798
*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, 16 (52.67 % of students) get any students loan help and its average loan amount is $16.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1412 (55%)$3,45712 (55%)$3,457--
2014-1514 (64%)$2,84914 (64%)$2,849--
2015-168 (42%)$3,7118 (42%)$3,711--
2016-1714 (56%)$4,27614 (56%)$4,276--
2017-1822 (61%)$4,52322 (61%)$4,523--
2018-1925 (83%)$4,53525 (83%)$4,4511 (3%)$2,100
2019-2020 (54%)$4,36620 (54%)$4,366--
2020-2110 (32%)$3,21610 (32%)$3,216--
2021-2215 (27%)$2,91915 (27%)$2,919--
Average16 (52.67%)$3,76116 (52.67%)$3,7521 (3.00%)$2,100
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