Scholarships, Grants, and Loan Trends at Paier

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 60, which is 48.67 % of all undergraduate students. 81 students which is 65.89% of undergraduate students received federal student loans and the average loan amount is $6,579.
For full-time, first-time beginning students (freshmen), 52.67% 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 Paier College since 2013.
For that period, the average number of students who received grants aid/scholarships is 60, which is 48.67 % of all undergraduate students. 81 students which is 65.89% of undergraduate students received federal student loans and the average loan amount is $6,579.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1457 (37%)$4,91554 (35%)$4,02595 (61%)$6,350
2014-1548 (37%)$4,85644 (34%)$3,79883 (64%)$6,153
2015-1646 (36%)$5,35646 (36%)$3,88082 (64%)$6,723
2016-1742 (41%)$5,16740 (39%)$3,72661 (59%)$7,002
2017-1839 (49%)$5,26138 (48%)$3,66051 (65%)$6,381
2018-1943 (52%)$6,23042 (51%)$4,69556 (67%)$6,857
2019-2057 (64%)$5,10557 (64%)$4,20662 (70%)$6,490
2020-2181 (63%)$4,45581 (63%)$3,85598 (77%)$6,186
2021-22125 (59%)$6,508105 (49%)$4,199140 (66%)$7,068
Average60 (48.67%)$5,31756 (46.56%)$4,00581 (65.89%)$6,579

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

For the last 10 years, on average, 7 (52.67 % of students) received grants or scholarships and its average amount is $6,024. It can cover 20.92% of tuition & fees ($28,800).
In addition, 9 (66.33 % of students) students get helped from the students loans (average amount : $8,608).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147 (39%)$5,60810 (56%)$6,600
2014-151 (5%)$8,2808 (36%)$7,469
2015-162 (25%)$7,0755 (63%)$11,858
2016-174 (57%)$3,4285 (71%)$10,037
2017-184 (80%)$6,9004 (80%)$8,191
2018-1910 (63%)$6,01913 (81%)$7,356
2019-2012 (86%)$6,34011 (79%)$5,977
2020-2110 (63%)$5,30312 (75%)$6,618
2021-2214 (56%)$5,26414 (56%)$13,369
Average7 (52.67%)$6,0249 (66.33%)$8,608
*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, 7 (49.89 % of students) received Pell (federal) grants and its average amount is $4,637.
In addition, 1 students received State/local government grants/scholarships (10.00 % 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
2013-147 (39%)$3,7957 (39%)$7572 (11%)$3,1961 (6%)$1,000
2014-151 (5%)$5,0801 (5%)$7001 (5%)$2,500--
2015-162 (25%)$5,7752 (25%)$1,300----
2016-173 (43%)$2,9484 (57%)$1,216----
2017-184 (80%)$5,0614 (80%)$1,3461 (20%)$5001 (20%)$1,470
2018-199 (56%)$4,4799 (56%)$1,3062 (13%)$3,0003 (19%)$711
2019-2012 (86%)$5,30612 (86%)$9721 (7%)$750--
2020-2110 (63%)$4,5109 (56%)$881----
2021-2213 (52%)$4,78210 (40%)$9531 (4%)$2,000--
Average7 (49.89%)$4,6376 (49.33%)$1,0481 (10.00%)$1,9912 (15.00%)$1,060
*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, 9 (66.33 % of students) get any students loan help and its average loan amount is $9.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1410 (56%)$6,60010 (56%)$5,5001 (6%)$11,000
2014-158 (36%)$7,4698 (36%)$5,4062 (9%)$8,250
2015-165 (63%)$11,8585 (63%)$5,9582 (25%)$14,750
2016-175 (71%)$10,0375 (71%)$6,3002 (29%)$9,343
2017-184 (80%)$8,1914 (80%)$5,3131 (20%)$11,513
2018-1913 (81%)$7,35613 (81%)$6,4231 (6%)$12,128
2019-2011 (79%)$5,97711 (79%)$5,977--
2020-2112 (75%)$6,61812 (75%)$5,8492 (13%)$4,614
2021-2214 (56%)$13,36914 (56%)$5,1296 (24%)$19,226
Average9 (66.33%)$8,6089 (66.33%)$5,7622 (16.50%)$11,353
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