Scholarships, Grants, and Loan Trends at Peru State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,095, which is 55.67 % of all undergraduate students. 934 students which is 47.44% of undergraduate students received federal student loans and the average loan amount is $6,658.
For full-time, first-time beginning students (freshmen), 93.56% of students received grants or scholarships and 68% 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 Peru State College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,095, which is 55.67 % of all undergraduate students. 934 students which is 47.44% of undergraduate students received federal student loans and the average loan amount is $6,658.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,175 (54%)$4,607719 (33%)$3,9661,021 (47%)$6,462
2014-151,115 (51%)$5,355705 (32%)$3,961989 (45%)$6,736
2015-161,057 (49%)$5,641628 (29%)$4,100944 (44%)$6,725
2016-171,113 (50%)$5,771671 (30%)$4,064933 (42%)$6,713
2017-181,071 (52%)$6,565661 (32%)$4,438858 (42%)$6,808
2018-191,070 (58%)$6,907648 (35%)$4,440825 (45%)$8,166
2019-201,096 (59%)$7,313629 (34%)$4,444829 (44%)$6,387
2020-211,148 (66%)$12,135745 (43%)$3,7171,018 (58%)$7,631
2021-221,011 (62%)$8,448560 (34%)$5,089988 (60%)$4,296
Average1,095 (55.67%)$6,971663 (33.56%)$4,247934 (47.44%)$6,658

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

For the last 10 years, on average, 236 (93.56 % of students) received grants or scholarships and its average amount is $5,621. It can cover 67.89% of tuition & fees ($8,280) based on out-of-state rate.
In addition, 172 (67.67 % of students) students get helped from the students loans (average amount : $5,206).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14254 (93%)$4,435206 (76%)$5,690
2014-15225 (87%)$4,880184 (71%)$5,234
2015-16225 (90%)$4,794169 (68%)$5,321
2016-17235 (91%)$5,137178 (69%)$5,601
2017-18219 (96%)$5,095152 (67%)$5,739
2018-19202 (92%)$5,774154 (70%)$5,465
2019-20270 (98%)$6,114202 (73%)$5,682
2020-21228 (97%)$4,93253 (23%)$5,092
2021-22263 (98%)$9,427247 (92%)$3,027
Average236 (93.56%)$5,621172 (67.67%)$5,206
*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, 131 (52.11 % of students) received Pell (federal) grants and its average amount is $4,320.
In addition, 92 students received State/local government grants/scholarships (36.33 % 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
2013-14128 (47%)$4,18017 (6%)$87156 (21%)$855218 (80%)$2,425
2014-15124 (48%)$4,23511 (4%)$71455 (21%)$845178 (69%)$2,913
2015-16120 (48%)$3,95719 (8%)$79552 (21%)$912190 (76%)$2,850
2016-17148 (57%)$4,08431 (12%)$78278 (30%)$869180 (69%)$2,837
2017-18124 (54%)$4,66120 (9%)$87575 (33%)$926171 (75%)$2,636
2018-19108 (49%)$4,30211 (5%)$78068 (31%)$962187 (85%)$3,357
2019-20137 (50%)$4,43780 (29%)$1,71481 (29%)$883253 (92%)$3,298
2020-21156 (66%)$4,13052 (22%)$1,208115 (49%)$99384 (36%)$3,610
2021-22134 (50%)$4,89040 (15%)$748247 (92%)$3,048232 (87%)$4,488
Average131 (52.11%)$4,32031 (12.22%)$94392 (36.33%)$1,144188 (74.33%)$3,157
*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, 172 (67.67 % of students) get any students loan help and its average loan amount is $172.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14206 (76%)$5,690205 (75%)$5,5495 (2%)$6,897
2014-15184 (71%)$5,234184 (71%)$5,1843 (1%)$3,039
2015-16169 (68%)$5,321166 (67%)$5,1574 (2%)$10,812
2016-17178 (69%)$5,601177 (68%)$5,3098 (3%)$7,156
2017-18152 (67%)$5,739152 (67%)$5,4186 (3%)$8,143
2018-19154 (70%)$5,465153 (70%)$5,2616 (3%)$6,117
2019-20202 (73%)$5,682201 (73%)$5,32313 (5%)$5,990
2020-2153 (23%)$5,09252 (22%)$5,0751 (0%)$5,990
2021-22247 (92%)$3,027243 (91%)$2,8824 (1%)$11,883
Average172 (67.67%)$5,206170 (67.11%)$5,0186 (2.50%)$7,336
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