How ODU'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 Old Dominion University since 2013.

For that period, the average number of students who received grants aid/scholarships is 11,254, which is 57.67 % of all undergraduate students. 10,596 students which is 54.22% of undergraduate students received federal student loans and the average loan amount is $7,096.

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	10,626 (54%)	$6,215	6,937 (35%)	$4,046	11,075 (56%)	$7,368
2014-15	11,033 (55%)	$6,348	7,349 (37%)	$4,094	11,430 (57%)	$7,319
2015-16	10,765 (54%)	$6,899	7,383 (37%)	$4,168	11,366 (57%)	$7,213
2016-17	11,269 (57%)	$7,128	7,392 (37%)	$4,185	11,197 (57%)	$7,179
2017-18	11,585 (59%)	$7,488	7,769 (40%)	$4,428	10,972 (56%)	$7,179
2018-19	11,881 (61%)	$7,573	7,599 (39%)	$4,550	10,762 (56%)	$7,034
2019-20	11,422 (60%)	$8,105	7,307 (38%)	$4,667	10,323 (54%)	$7,000
2020-21	11,384 (58%)	$8,428	7,013 (36%)	$4,751	9,775 (50%)	$6,803
2021-22	11,318 (61%)	$8,858	6,901 (37%)	$4,733	8,464 (45%)	$6,770
Average	11,254 (57.67%)	$7,449	7,294 (37.33%)	$4,402	10,596 (54.22%)	$7,096

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

Overview

For the last 10 years, on average, 2,655 (90.44 % of students) received grants or scholarships and its average amount is $7,901. It can cover 24.19% of tuition & fees ($32,662) based on out-of-state rate.

In addition, 1,895 (64.78 % of students) students get helped from the students loans (average amount : $7,323).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,422 (83%)	$7,316	1,878 (65%)	$7,241
2014-15	2,381 (86%)	$7,887	1,882 (68%)	$7,354
2015-16	2,646 (90%)	$8,849	1,947 (67%)	$8,252
2016-17	2,504 (92%)	$7,270	1,841 (68%)	$6,971
2017-18	2,707 (93%)	$7,692	1,899 (65%)	$7,262
2018-19	2,953 (94%)	$7,641	2,201 (70%)	$7,426
2019-20	2,896 (93%)	$7,697	2,111 (68%)	$7,627
2020-21	2,797 (91%)	$7,702	1,788 (58%)	$6,911
2021-22	2,586 (92%)	$9,058	1,512 (54%)	$6,860
Average	2,655 (90.44%)	$7,901	1,895 (64.78%)	$7,323

^*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, 1,236 (42.22 % of students) received Pell (federal) grants and its average amount is $4,757.

In addition, 1,311 students received State/local government grants/scholarships (45.11 % 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	982 (34%)	$4,467	66 (2%)	$1,470	1,369 (47%)	$6,559	1,189 (41%)	$3,580
2014-15	1,083 (39%)	$4,665	55 (2%)	$3,231	1,316 (48%)	$6,943	1,311 (47%)	$3,366
2015-16	1,188 (41%)	$4,521	362 (12%)	$487	1,485 (51%)	$6,974	1,917 (65%)	$3,917
2016-17	1,171 (43%)	$4,626	410 (15%)	$483	1,297 (48%)	$4,640	1,906 (70%)	$3,447
2017-18	1,317 (45%)	$4,724	422 (14%)	$486	1,234 (42%)	$4,720	2,241 (77%)	$3,825
2018-19	1,409 (45%)	$4,904	543 (17%)	$561	1,314 (42%)	$4,723	2,385 (76%)	$3,833
2019-20	1,392 (45%)	$4,909	324 (10%)	$989	1,167 (38%)	$5,186	2,159 (69%)	$4,208
2020-21	1,299 (42%)	$4,989	305 (10%)	$1,175	1,108 (36%)	$5,175	2,045 (66%)	$4,386
2021-22	1,282 (46%)	$5,011	285 (10%)	$961	1,509 (54%)	$5,362	1,857 (66%)	$4,649
Average	1,236 (42.22%)	$4,757	308 (10.22%)	$1,094	1,311 (45.11%)	$5,587	1,890 (64.11%)	$3,912

^*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, 1,895 (64.78 % of students) get any students loan help and its average loan amount is $1,895.

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	1,878 (65%)	$7,241	1,854 (64%)	$5,776	246 (8%)	$11,745
2014-15	1,882 (68%)	$7,354	1,867 (68%)	$5,962	219 (8%)	$12,371
2015-16	1,947 (67%)	$8,252	1,924 (66%)	$7,020	201 (7%)	$12,731
2016-17	1,841 (68%)	$6,971	1,799 (66%)	$5,620	204 (7%)	$13,352
2017-18	1,899 (65%)	$7,262	1,861 (64%)	$5,685	235 (8%)	$13,660
2018-19	2,201 (70%)	$7,426	2,174 (69%)	$5,618	297 (9%)	$13,912
2019-20	2,111 (68%)	$7,627	2,063 (66%)	$5,600	297 (10%)	$15,313
2020-21	1,788 (58%)	$6,911	1,752 (57%)	$5,222	211 (7%)	$15,206
2021-22	1,512 (54%)	$6,860	1,458 (52%)	$5,318	186 (7%)	$14,079
Average	1,895 (64.78%)	$7,323	1,861 (63.56%)	$5,758	233 (7.89%)	$13,597

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Scholarships, Grants, and Loan Trends at ODU

All Undergraduate Students Financial Aid Over Time

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