Scholarships, Grants, and Loan Trends at Malone

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,142, which is 87.00 % of all undergraduate students. 921 students which is 69.56% of undergraduate students received federal student loans and the average loan amount is $7,078.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 77% 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 Malone University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,142, which is 87.00 % of all undergraduate students. 921 students which is 69.56% of undergraduate students received federal student loans and the average loan amount is $7,078.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,413 (85%)$15,402674 (41%)$3,8681,231 (74%)$7,471
2014-151,347 (86%)$16,374597 (38%)$3,9341,112 (71%)$7,683
2015-161,215 (89%)$17,029549 (40%)$3,9091,015 (74%)$7,437
2016-171,154 (88%)$19,226505 (39%)$3,982983 (75%)$7,058
2017-181,120 (84%)$20,365515 (39%)$4,088936 (70%)$6,914
2018-191,285 (100%)$18,646493 (38%)$4,329927 (72%)$6,700
2019-20994 (87%)$22,425411 (36%)$4,271783 (68%)$6,970
2020-21906 (81%)$22,064392 (35%)$4,358689 (62%)$6,698
2021-22842 (83%)$23,758339 (33%)$4,768613 (60%)$6,771
Average1,142 (87.00%)$19,477497 (37.67%)$4,167921 (69.56%)$7,078

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

For the last 10 years, on average, 275 (100.00 % of students) received grants or scholarships and its average amount is $21,586. It can cover 59.76% of tuition & fees ($36,120).
In addition, 214 (77.33 % of students) students get helped from the students loans (average amount : $7,097).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14314 (100%)$16,782252 (80%)$7,125
2014-15311 (100%)$17,777232 (75%)$7,761
2015-16243 (100%)$19,231196 (81%)$7,645
2016-17309 (100%)$20,886258 (83%)$6,862
2017-18335 (100%)$22,707266 (79%)$6,449
2018-19309 (100%)$22,854242 (78%)$6,471
2019-20239 (100%)$25,550177 (74%)$6,557
2020-21191 (100%)$23,743141 (74%)$7,424
2021-22222 (100%)$24,747159 (72%)$7,576
Average275 (100.00%)$21,586214 (77.33%)$7,097
*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, 115 (41.33 % of students) received Pell (federal) grants and its average amount is $4,253.
In addition, 73 students received State/local government grants/scholarships (26.22 % 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
2013-14130 (41%)$3,94565 (21%)$1,16383 (26%)$1,894314 (100%)$14,407
2014-15114 (37%)$3,95079 (25%)$1,06578 (25%)$2,116311 (100%)$15,528
2015-16108 (44%)$3,91360 (25%)$1,10063 (26%)$2,438243 (100%)$16,588
2016-17129 (42%)$4,20785 (28%)$1,02877 (25%)$2,533309 (100%)$18,216
2017-18154 (46%)$4,30391 (27%)$1,290108 (32%)$2,732335 (100%)$19,497
2018-19143 (46%)$4,48394 (30%)$1,07990 (29%)$2,659309 (100%)$19,677
2019-2097 (41%)$4,32866 (28%)$1,06662 (26%)$3,267239 (100%)$22,651
2020-2175 (39%)$4,40049 (26%)$1,26342 (22%)$3,253191 (100%)$20,976
2021-2281 (36%)$4,74860 (27%)$1,44555 (25%)$3,478221 (100%)$21,861
Average115 (41.33%)$4,25372 (26.33%)$1,16773 (26.22%)$2,708275 (100.00%)$18,822
*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, 214 (77.33 % of students) get any students loan help and its average loan amount is $214.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14252 (80%)$7,125250 (80%)$6,37023 (7%)$8,830
2014-15232 (75%)$7,761230 (74%)$6,88228 (9%)$7,775
2015-16196 (81%)$7,645196 (81%)$6,59423 (9%)$8,953
2016-17258 (83%)$6,862256 (83%)$6,02831 (10%)$7,336
2017-18266 (79%)$6,449266 (79%)$5,83625 (7%)$6,517
2018-19242 (78%)$6,471242 (78%)$5,79521 (7%)$7,791
2019-20177 (74%)$6,557175 (73%)$5,60523 (10%)$7,811
2020-21141 (74%)$7,424140 (73%)$5,72531 (16%)$7,915
2021-22159 (72%)$7,576158 (71%)$5,56541 (18%)$7,933
Average214 (77.33%)$7,097213 (76.89%)$6,04427 (10.33%)$7,873
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