Scholarships, Grants, and Loan Trends at PU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 16,276, which is 49.56 % of all undergraduate students. 9,665 students which is 29.56% of undergraduate students received federal student loans and the average loan amount is $6,028.
For full-time, first-time beginning students (freshmen), 48.67% of students received grants or scholarships and 33% 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 Purdue University-Main Campus since 2013.
For that period, the average number of students who received grants aid/scholarships is 16,276, which is 49.56 % of all undergraduate students. 9,665 students which is 29.56% of undergraduate students received federal student loans and the average loan amount is $6,028.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1415,299 (50%)$9,3226,140 (20%)$4,19910,835 (36%)$6,303
2014-1515,419 (51%)$9,6125,715 (19%)$4,29810,026 (33%)$6,178
2015-1615,397 (50%)$9,9515,412 (18%)$4,2729,540 (31%)$6,141
2016-1715,587 (50%)$9,6195,201 (17%)$4,3019,469 (30%)$6,018
2017-1816,408 (51%)$9,8445,337 (17%)$4,3999,347 (29%)$5,887
2018-1916,266 (50%)$10,2925,085 (16%)$4,6129,440 (29%)$5,907
2019-2017,355 (50%)$10,2135,305 (15%)$4,6509,719 (28%)$5,948
2020-2117,560 (49%)$9,9965,356 (15%)$4,7729,452 (26%)$5,941
2021-2217,194 (45%)$9,8195,337 (14%)$4,9109,153 (24%)$5,931
Average16,276 (49.56%)$9,8525,432 (16.78%)$4,4909,665 (29.56%)$6,028

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

For the last 10 years, on average, 3,837 (48.67 % of students) received grants or scholarships and its average amount is $10,099. It can cover 35.07% of tuition & fees ($28,794) based on out-of-state rate.
In addition, 2,535 (32.67 % of students) students get helped from the students loans (average amount : $8,284).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,159 (49%)$10,7982,280 (36%)$7,549
2014-152,923 (45%)$10,3452,165 (33%)$7,437
2015-163,189 (46%)$11,1632,372 (34%)$7,742
2016-173,377 (46%)$10,7032,595 (35%)$8,188
2017-183,870 (50%)$10,5242,584 (34%)$7,894
2018-193,677 (44%)$10,3092,824 (34%)$9,106
2019-203,402 (42%)$10,7782,371 (29%)$8,522
2020-216,007 (68%)$7,3242,664 (30%)$8,989
2021-224,932 (48%)$8,9502,960 (29%)$9,125
Average3,837 (48.67%)$10,0992,535 (32.67%)$8,284
*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, 1,239 (15.89 % of students) received Pell (federal) grants and its average amount is $4,531.
In addition, 1,016 students received State/local government grants/scholarships (13.33 % 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
2013-141,218 (19%)$4,146975 (15%)$1,324903 (14%)$5,0673,007 (47%)$7,713
2014-151,141 (17%)$4,3501,030 (16%)$1,683903 (14%)$6,8642,744 (42%)$6,321
2015-161,220 (17%)$4,3421,077 (15%)$1,9111,020 (15%)$7,3243,002 (43%)$6,919
2016-171,217 (16%)$4,3481,086 (15%)$1,4691,002 (14%)$7,3463,199 (43%)$6,845
2017-181,284 (17%)$4,5031,087 (14%)$1,8421,123 (15%)$7,2723,665 (48%)$6,761
2018-191,339 (16%)$4,576969 (12%)$3951,060 (13%)$6,9233,552 (43%)$6,773
2019-201,166 (14%)$4,612837 (10%)$401992 (12%)$6,9373,272 (40%)$7,357
2020-211,243 (14%)$4,9175,214 (59%)$9381,043 (12%)$6,9663,417 (38%)$7,529
2021-221,325 (13%)$4,9883,110 (30%)$1,4301,099 (11%)$6,7663,428 (34%)$7,482
Average1,239 (15.89%)$4,5311,709 (20.67%)$1,2661,016 (13.33%)$6,8293,254 (42.00%)$7,078
*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, 2,535 (32.67 % of students) get any students loan help and its average loan amount is $2,535.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-142,280 (36%)$7,5492,219 (35%)$5,436593 (9%)$8,684
2014-152,165 (33%)$7,4372,132 (33%)$5,394447 (7%)$10,295
2015-162,372 (34%)$7,7422,301 (33%)$5,173661 (9%)$9,771
2016-172,595 (35%)$8,1882,499 (34%)$5,1341,025 (14%)$8,214
2017-182,584 (34%)$7,8942,487 (32%)$5,134964 (13%)$7,917
2018-192,824 (34%)$9,1062,696 (32%)$5,2191,233 (15%)$9,445
2019-202,371 (29%)$8,5222,280 (28%)$5,077471 (6%)$18,323
2020-212,664 (30%)$8,9892,547 (29%)$5,101591 (7%)$18,535
2021-222,960 (29%)$9,1252,781 (27%)$5,186652 (6%)$19,307
Average2,535 (32.67%)$8,2842,438 (31.44%)$5,206737 (9.56%)$12,277
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