How Pace'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 Pace University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,411, which is 86.78 % of all undergraduate students. 4,410 students which is 51.56% of undergraduate students received federal student loans and the average loan amount is $7,043.

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	7,051 (85%)	$22,207	2,849 (34%)	$4,666	4,755 (57%)	$7,520
2014-15	7,366 (85%)	$24,237	2,642 (30%)	$4,608	4,728 (54%)	$7,460
2015-16	7,377 (84%)	$24,039	2,535 (29%)	$4,663	4,746 (54%)	$7,244
2016-17	7,498 (84%)	$24,765	2,467 (28%)	$4,649	4,599 (52%)	$7,313
2017-18	7,539 (87%)	$26,647	2,514 (29%)	$4,799	4,588 (53%)	$7,227
2018-19	7,591 (87%)	$27,641	2,415 (28%)	$4,895	4,407 (51%)	$6,737
2019-20	7,581 (89%)	$28,358	2,238 (26%)	$4,940	4,207 (49%)	$6,682
2020-21	7,231 (90%)	$29,438	2,038 (25%)	$5,099	3,771 (47%)	$6,777
2021-22	7,468 (90%)	$29,391	2,204 (27%)	$5,142	3,886 (47%)	$6,430
Average	7,411 (86.78%)	$26,303	2,434 (28.44%)	$4,829	4,410 (51.56%)	$7,043

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

Overview

For the last 10 years, on average, 1,891 (96.67 % of students) received grants or scholarships and its average amount is $29,110. It can cover 56.61% of tuition & fees ($51,424).

In addition, 1,201 (61.44 % of students) students get helped from the students loans (average amount : $8,919).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,713 (97%)	$23,703	1,140 (65%)	$9,119
2014-15	1,884 (97%)	$25,745	1,267 (65%)	$8,475
2015-16	1,936 (94%)	$27,228	1,307 (64%)	$8,390
2016-17	1,872 (95%)	$28,509	1,222 (62%)	$8,612
2017-18	1,932 (97%)	$29,580	1,218 (61%)	$8,550
2018-19	1,926 (97%)	$30,155	1,209 (61%)	$8,868
2019-20	1,847 (96%)	$31,089	1,120 (58%)	$9,480
2020-21	1,749 (98%)	$32,068	1,018 (57%)	$8,896
2021-22	2,160 (99%)	$33,911	1,305 (60%)	$9,879
Average	1,891 (96.67%)	$29,110	1,201 (61.44%)	$8,919

^*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, 629 (32.33 % of students) received Pell (federal) grants and its average amount is $4,951.

In addition, 383 students received State/local government grants/scholarships (19.56 % 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	642 (37%)	$4,694	286 (16%)	$935	456 (26%)	$3,314	1,710 (97%)	$20,942
2014-15	666 (34%)	$4,675	260 (13%)	$1,005	454 (23%)	$3,635	1,882 (97%)	$23,103
2015-16	667 (33%)	$4,749	289 (14%)	$1,103	496 (24%)	$3,710	1,932 (94%)	$24,527
2016-17	635 (32%)	$4,834	367 (19%)	$918	419 (21%)	$3,484	1,872 (95%)	$25,909
2017-18	631 (32%)	$4,959	300 (15%)	$979	377 (19%)	$4,131	1,929 (96%)	$27,044
2018-19	602 (30%)	$5,061	299 (15%)	$1,140	368 (19%)	$3,892	1,926 (97%)	$27,652
2019-20	566 (30%)	$5,115	1,494 (78%)	$814	315 (16%)	$3,925	1,845 (96%)	$28,225
2020-21	535 (30%)	$5,180	702 (40%)	$4,158	269 (15%)	$3,804	1,740 (98%)	$28,376
2021-22	721 (33%)	$5,288	881 (40%)	$2,920	294 (13%)	$4,046	2,158 (99%)	$30,432
Average	629 (32.33%)	$4,951	542 (27.78%)	$1,552	383 (19.56%)	$3,771	1,888 (96.56%)	$26,246

^*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, 1,201 (61.44 % of students) get any students loan help and its average loan amount is $1,201.

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	1,140 (65%)	$9,119	1,123 (64%)	$6,440	179 (10%)	$17,669
2014-15	1,267 (65%)	$8,475	1,252 (65%)	$6,307	148 (8%)	$19,197
2015-16	1,307 (64%)	$8,390	1,275 (62%)	$5,928	178 (9%)	$19,140
2016-17	1,222 (62%)	$8,612	1,201 (61%)	$6,210	153 (8%)	$20,037
2017-18	1,218 (61%)	$8,550	1,189 (59%)	$5,690	170 (9%)	$21,456
2018-19	1,209 (61%)	$8,868	1,176 (60%)	$5,678	190 (10%)	$21,285
2019-20	1,120 (58%)	$9,480	1,079 (56%)	$5,598	198 (10%)	$23,122
2020-21	1,018 (57%)	$8,896	980 (55%)	$5,670	150 (8%)	$23,331
2021-22	1,305 (60%)	$9,879	1,248 (57%)	$5,567	243 (11%)	$24,465
Average	1,201 (61.44%)	$8,919	1,169 (59.89%)	$5,899	179 (9.22%)	$21,078

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Scholarships, Grants, and Loan Trends at Pace

All Undergraduate Students Financial Aid Over Time

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