Scholarships, Grants, and Loan Trends at Molloy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,746, which is 79.78 % of all undergraduate students. 2,329 students which is 67.89% of undergraduate students received federal student loans and the average loan amount is $7,343.
For full-time, first-time beginning students (freshmen), 94.22% of students received grants or scholarships and 66% 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 Molloy College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,746, which is 79.78 % of all undergraduate students. 2,329 students which is 67.89% of undergraduate students received federal student loans and the average loan amount is $7,343.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,560 (76%)$11,1341,070 (32%)$4,0172,551 (76%)$6,954
2014-152,584 (77%)$11,5991,033 (31%)$4,0022,289 (69%)$7,622
2015-162,778 (81%)$11,3091,058 (31%)$3,9802,664 (78%)$6,958
2016-172,786 (77%)$12,2851,058 (29%)$4,1762,407 (67%)$7,594
2017-182,811 (80%)$12,5041,121 (32%)$4,1772,352 (67%)$7,535
2018-192,790 (81%)$13,4341,037 (30%)$4,2752,258 (66%)$7,289
2019-202,819 (81%)$14,762994 (28%)$4,4142,224 (64%)$7,359
2020-212,845 (82%)$15,290956 (28%)$4,4782,159 (62%)$7,326
2021-222,742 (83%)$17,382974 (29%)$4,6172,056 (62%)$7,452
Average2,746 (79.78%)$13,3001,033 (30.00%)$4,2372,329 (67.89%)$7,343

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

For the last 10 years, on average, 508 (94.22 % of students) received grants or scholarships and its average amount is $16,733. It can cover 44.22% of tuition & fees ($37,840).
In addition, 353 (65.67 % of students) students get helped from the students loans (average amount : $7,200).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14446 (90%)$14,844337 (68%)$6,742
2014-15450 (92%)$13,557345 (70%)$6,892
2015-16512 (95%)$14,149380 (71%)$6,921
2016-17519 (92%)$15,792355 (63%)$7,434
2017-18486 (95%)$15,074342 (67%)$7,544
2018-19560 (95%)$17,007385 (65%)$7,256
2019-20559 (97%)$19,414368 (64%)$7,257
2020-21523 (96%)$19,937338 (62%)$7,366
2021-22515 (96%)$20,822327 (61%)$7,387
Average508 (94.22%)$16,733353 (65.67%)$7,200
*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, 165 (30.89 % of students) received Pell (federal) grants and its average amount is $4,654.
In addition, 221 students received State/local government grants/scholarships (41.11 % 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
2013-14171 (35%)$4,31485 (17%)$1,643278 (56%)$2,602438 (88%)$11,460
2014-15136 (28%)$4,33176 (16%)$2,120228 (47%)$2,560441 (90%)$10,809
2015-16170 (32%)$4,269125 (23%)$1,858266 (49%)$2,634501 (93%)$11,148
2016-17165 (29%)$4,631109 (19%)$2,169238 (42%)$2,753507 (90%)$12,900
2017-18158 (31%)$4,56595 (19%)$2,010204 (40%)$2,518470 (92%)$12,554
2018-19152 (26%)$4,827122 (21%)$2,488227 (38%)$2,575553 (93%)$14,290
2019-20186 (32%)$4,907218 (38%)$2,214231 (40%)$2,976558 (96%)$15,716
2020-21157 (29%)$4,822188 (35%)$2,702159 (29%)$3,028521 (96%)$16,661
2021-22192 (36%)$5,220227 (42%)$3,947159 (29%)$3,975512 (95%)$16,002
Average165 (30.89%)$4,654138 (25.56%)$2,350221 (41.11%)$2,847500 (92.56%)$13,504
*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, 353 (65.67 % of students) get any students loan help and its average loan amount is $353.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14337 (68%)$6,742334 (67%)$5,96121 (4%)$13,386
2014-15345 (70%)$6,892341 (70%)$5,93229 (6%)$12,238
2015-16380 (71%)$6,921380 (71%)$5,67732 (6%)$14,780
2016-17355 (63%)$7,434355 (63%)$6,23828 (5%)$15,164
2017-18342 (67%)$7,544342 (67%)$6,19031 (6%)$14,935
2018-19385 (65%)$7,256382 (65%)$5,35439 (7%)$19,188
2019-20368 (64%)$7,257364 (63%)$5,40744 (8%)$15,964
2020-21338 (62%)$7,366337 (62%)$5,33735 (6%)$19,747
2021-22327 (61%)$7,387318 (59%)$5,52436 (7%)$18,303
Average353 (65.67%)$7,200350 (65.22%)$5,73633 (6.11%)$15,967
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