Scholarships, Grants, and Loan Trends at PSU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,165, which is 80.33 % of all undergraduate students. 2,953 students which is 74.89% of undergraduate students received federal student loans and the average loan amount is $6,690.
For full-time, first-time beginning students (freshmen), 94.11% of students received grants or scholarships and 81% 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 Plymouth State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,165, which is 80.33 % of all undergraduate students. 2,953 students which is 74.89% of undergraduate students received federal student loans and the average loan amount is $6,690.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,270 (56%)$8,2131,162 (29%)$3,9123,094 (76%)$7,131
2014-152,275 (61%)$7,5741,012 (27%)$4,1242,832 (75%)$7,101
2015-163,090 (75%)$8,1961,206 (29%)$4,1003,145 (77%)$6,763
2016-173,391 (82%)$8,0371,251 (30%)$4,1363,141 (76%)$6,699
2017-183,615 (87%)$8,3371,290 (31%)$4,3333,091 (75%)$6,682
2018-193,728 (88%)$9,1911,257 (30%)$4,3323,106 (74%)$6,665
2019-203,449 (91%)$8,6301,122 (30%)$4,4352,852 (75%)$6,471
2020-213,430 (92%)$10,2071,089 (29%)$4,5442,781 (74%)$6,323
2021-223,234 (91%)$10,274995 (28%)$4,6092,535 (72%)$6,378
Average3,165 (80.33%)$8,7401,154 (29.22%)$4,2812,953 (74.89%)$6,690

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

For the last 10 years, on average, 990 (94.11 % of students) received grants or scholarships and its average amount is $7,694. It can cover 30.18% of tuition & fees ($25,498) based on out-of-state rate.
In addition, 844 (80.78 % of students) students get helped from the students loans (average amount : $8,934).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14662 (72%)$7,413751 (81%)$8,791
2014-15663 (88%)$5,305625 (83%)$8,971
2015-161,326 (99%)$7,0911,095 (82%)$8,851
2016-171,120 (98%)$6,626938 (82%)$8,671
2017-181,076 (97%)$7,346872 (79%)$9,135
2018-191,078 (98%)$8,648893 (81%)$8,943
2019-201,020 (99%)$8,549852 (82%)$8,841
2020-211,053 (98%)$8,983855 (80%)$8,823
2021-22910 (98%)$9,286719 (77%)$9,376
Average990 (94.11%)$7,694844 (80.78%)$8,934
*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, 331 (31.44 % of students) received Pell (federal) grants and its average amount is $4,402.
In addition, 127 students received State/local government grants/scholarships (12.33 % 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
2013-14286 (31%)$4,006204 (22%)$639134 (15%)$652634 (69%)$5,590
2014-15220 (29%)$4,231164 (22%)$55173 (10%)$809641 (85%)$3,802
2015-16429 (32%)$4,294341 (25%)$409146 (11%)$7291,323 (99%)$5,529
2016-17356 (31%)$4,005261 (23%)$49997 (8%)$8981,118 (98%)$5,169
2017-18363 (33%)$4,214270 (24%)$479110 (10%)$8581,071 (97%)$5,743
2018-19364 (33%)$4,260261 (24%)$494118 (11%)$1,1631,076 (98%)$6,976
2019-20325 (31%)$4,850244 (24%)$750134 (13%)$1,3491,019 (99%)$6,654
2020-21356 (33%)$4,757385 (36%)$739181 (17%)$1,3991,051 (98%)$6,877
2021-22283 (30%)$5,000218 (23%)$484146 (16%)$1,501903 (97%)$7,431
Average331 (31.44%)$4,402261 (24.78%)$560127 (12.33%)$1,040982 (93.33%)$5,975
*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, 844 (80.78 % of students) get any students loan help and its average loan amount is $844.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14751 (81%)$8,791738 (80%)$6,171159 (17%)$12,882
2014-15625 (83%)$8,971621 (83%)$6,086143 (19%)$12,779
2015-161,095 (82%)$8,8511,056 (79%)$5,855289 (22%)$12,143
2016-17938 (82%)$8,671926 (81%)$5,524233 (20%)$12,957
2017-18872 (79%)$9,135858 (77%)$5,367252 (23%)$13,334
2018-19893 (81%)$8,943887 (81%)$5,414226 (21%)$14,089
2019-20852 (82%)$8,841842 (82%)$5,442206 (20%)$14,323
2020-21855 (80%)$8,823850 (79%)$5,237212 (20%)$14,585
2021-22719 (77%)$9,376706 (76%)$5,332201 (22%)$14,809
Average844 (80.78%)$8,934832 (79.78%)$5,603213 (20.44%)$13,545
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