How Paine'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 Paine College since 2013.

For that period, the average number of students who received grants aid/scholarships is 477, which is 94.33 % of all undergraduate students. 403 students which is 77.44% of undergraduate students received federal student loans and the average loan amount is $7,896.

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	839 (93%)	$7,912	705 (78%)	$4,600	760 (84%)	$8,264
2014-15	812 (96%)	$16,018	677 (80%)	$4,484	742 (88%)	$8,409
2015-16	525 (95%)	$8,141	434 (78%)	$4,610	489 (88%)	$8,928
2016-17	366 (74%)	$7,797	193 (39%)	$4,508	214 (43%)	$7,732
2017-18	413 (97%)	$9,605	284 (67%)	$4,886	306 (72%)	$8,258
2018-19	466 (99%)	$11,936	392 (84%)	$5,359	397 (85%)	$7,747
2019-20	440 (98%)	$9,541	372 (83%)	$5,194	391 (87%)	$8,205
2020-21	186 (98%)	$11,687	149 (79%)	$4,528	148 (78%)	$5,970
2021-22	248 (99%)	$13,636	171 (68%)	$5,092	180 (72%)	$7,554
Average	477 (94.33%)	$10,697	375 (72.89%)	$4,807	403 (77.44%)	$7,896

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

Overview

For the last 10 years, on average, 119 (96.00 % of students) received grants or scholarships and its average amount is $10,272. It can cover 70.37% of tuition & fees ($14,596).

In addition, 113 (87.44 % of students) students get helped from the students loans (average amount : $8,734).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	216 (89%)	$8,559	216 (89%)	$7,824
2014-15	167 (84%)	$6,322	167 (84%)	$7,851
2015-16	128 (96%)	$7,703	125 (94%)	$9,372
2016-17	104 (100%)	$8,131	98 (94%)	$10,539
2017-18	94 (100%)	$10,138	85 (90%)	$10,487
2018-19	181 (100%)	$13,974	165 (91%)	$8,816
2019-20	91 (95%)	$11,835	90 (94%)	$10,663
2020-21	20 (100%)	$14,028	15 (75%)	$5,069
2021-22	71 (100%)	$11,755	54 (76%)	$7,985
Average	119 (96.00%)	$10,272	113 (87.44%)	$8,734

^*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, 109 (85.78 % of students) received Pell (federal) grants and its average amount is $4,895.

In addition, 86 students received State/local government grants/scholarships (70.78 % 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	201 (82%)	$4,546	108 (44%)	$729	126 (52%)	$1,050	105 (43%)	$6,893
2014-15	166 (83%)	$4,123	72 (36%)	$1,251	123 (62%)	$1,041	46 (23%)	$3,330
2015-16	110 (83%)	$4,594	79 (59%)	$1,118	106 (80%)	$1,326	47 (35%)	$5,358
2016-17	100 (96%)	$4,873	56 (54%)	$1,572	85 (82%)	$1,036	33 (32%)	$5,521
2017-18	84 (89%)	$4,949	42 (45%)	$1,706	67 (71%)	$1,138	54 (57%)	$7,211
2018-19	168 (93%)	$5,484	47 (26%)	$1,498	144 (80%)	$1,429	174 (96%)	$7,654
2019-20	84 (88%)	$5,447	30 (31%)	$2,358	78 (81%)	$1,563	49 (51%)	$8,709
2020-21	17 (85%)	$4,829	11 (55%)	$2,286	18 (90%)	$1,951	19 (95%)	$7,274
2021-22	52 (73%)	$5,208	29 (41%)	$2,342	28 (39%)	$729	55 (77%)	$8,645
Average	109 (85.78%)	$4,895	53 (43.44%)	$1,651	86 (70.78%)	$1,251	65 (56.56%)	$6,733

^*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, 113 (87.44 % of students) get any students loan help and its average loan amount is $113.

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	216 (89%)	$7,824	216 (89%)	$7,286	15 (6%)	$7,746
2014-15	167 (84%)	$7,851	167 (84%)	$7,674	2 (1%)	$14,717
2015-16	125 (94%)	$9,372	125 (94%)	$8,760	18 (14%)	$4,246
2016-17	98 (94%)	$10,539	98 (94%)	$8,156	41 (39%)	$5,696
2017-18	85 (90%)	$10,487	84 (89%)	$7,497	38 (40%)	$6,885
2018-19	165 (91%)	$8,816	165 (91%)	$6,417	69 (38%)	$5,738
2019-20	90 (94%)	$10,663	90 (94%)	$7,279	46 (48%)	$6,621
2020-21	15 (75%)	$5,069	15 (75%)	$3,777	2 (10%)	$9,694
2021-22	54 (76%)	$7,985	54 (76%)	$7,985	-	-
Average	113 (87.44%)	$8,734	113 (87.33%)	$7,203	29 (24.50%)	$7,668

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Scholarships, Grants, and Loan Trends at Paine

All Undergraduate Students Financial Aid Over Time

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