Scholarships, Grants, and Loan Trends at Notre Dame of Maryland

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 634, which is 70.11 % of all undergraduate students. 506 students which is 56.00% of undergraduate students received federal student loans and the average loan amount is $8,476.
For full-time, first-time beginning students (freshmen), 98.67% of students received grants or scholarships and 67% 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 Notre Dame of Maryland University since 2013.
For that period, the average number of students who received grants aid/scholarships is 634, which is 70.11 % of all undergraduate students. 506 students which is 56.00% of undergraduate students received federal student loans and the average loan amount is $8,476.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14757 (61%)$14,594349 (28%)$3,824565 (46%)$10,845
2014-15688 (59%)$16,142352 (30%)$3,911551 (47%)$8,431
2015-16588 (58%)$18,402316 (31%)$4,098506 (50%)$8,354
2016-17552 (63%)$19,102290 (33%)$4,037471 (54%)$8,198
2017-18581 (71%)$20,593338 (41%)$4,286467 (57%)$7,095
2018-19739 (88%)$19,551347 (42%)$4,668570 (68%)$8,679
2019-20641 (82%)$23,425333 (43%)$4,989555 (71%)$7,839
2020-21635 (84%)$24,116344 (46%)$4,615380 (50%)$7,729
2021-22525 (65%)$25,681336 (42%)$4,535493 (61%)$9,113
Average634 (70.11%)$20,178334 (37.33%)$4,329506 (56.00%)$8,476

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

For the last 10 years, on average, 111 (98.67 % of students) received grants or scholarships and its average amount is $28,532. It can cover 68.08% of tuition & fees ($41,910).
In addition, 79 (67.11 % of students) students get helped from the students loans (average amount : $7,600).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1497 (100%)$24,51562 (64%)$10,000
2014-15107 (100%)$23,47079 (74%)$8,576
2015-1691 (98%)$24,77355 (59%)$7,915
2016-1788 (95%)$25,39860 (65%)$7,474
2017-18148 (96%)$28,552103 (67%)$6,995
2018-19222 (99%)$30,419200 (89%)$6,866
2019-2086 (100%)$32,69173 (85%)$7,102
2020-2171 (100%)$32,70037 (52%)$6,075
2021-2290 (100%)$34,26744 (49%)$7,396
Average111 (98.67%)$28,53279 (67.11%)$7,600
*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, 63 (55.78 % of students) received Pell (federal) grants and its average amount is $4,994.
In addition, 51 students received State/local government grants/scholarships (43.33 % 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
2013-1450 (52%)$4,84923 (24%)$1,38142 (43%)$6,54397 (100%)$18,855
2014-1561 (57%)$4,66532 (30%)$83542 (39%)$6,461107 (100%)$18,025
2015-1644 (47%)$4,77725 (27%)$88042 (45%)$5,15291 (98%)$19,844
2016-1738 (41%)$4,48819 (20%)$1,02630 (32%)$8,15088 (95%)$20,460
2017-1897 (63%)$5,4008 (5%)$3,75064 (42%)$8,045144 (94%)$21,924
2018-19129 (57%)$5,14951 (23%)$1,882125 (56%)$5,820221 (98%)$23,825
2019-2053 (62%)$5,56677 (90%)$1,31543 (50%)$7,20186 (100%)$24,483
2020-2143 (61%)$4,70257 (80%)$2,82230 (42%)$7,73270 (99%)$24,667
2021-2256 (62%)$5,3493 (3%)$4,00037 (41%)$6,40590 (100%)$28,172
Average63 (55.78%)$4,99433 (33.56%)$1,98851 (43.33%)$6,834110 (98.22%)$22,251
*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, 79 (67.11 % of students) get any students loan help and its average loan amount is $79.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1462 (64%)$10,00060 (62%)$8,4357 (7%)$16,272
2014-1579 (74%)$8,57678 (73%)$6,74112 (11%)$12,639
2015-1655 (59%)$7,91553 (57%)$5,77310 (11%)$12,934
2016-1760 (65%)$7,47457 (61%)$5,35013 (14%)$11,034
2017-18103 (67%)$6,995101 (66%)$5,82712 (8%)$10,995
2018-19200 (89%)$6,866189 (84%)$6,47511 (5%)$13,581
2019-2073 (85%)$7,10272 (84%)$5,6686 (7%)$18,388
2020-2137 (52%)$6,07534 (48%)$5,8023 (4%)$9,167
2021-2244 (49%)$7,39639 (43%)$6,1425 (6%)$17,177
Average79 (67.11%)$7,60076 (64.22%)$6,2469 (8.11%)$13,576
Most Searched Maryland Colleges (last 30 days)
Related Articles and Ads