How Radford'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 Radford University since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,877, which is 61.11 % of all undergraduate students. 5,103 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $6,602.

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	4,265 (48%)	$7,454	2,581 (29%)	$4,186	5,339 (60%)	$6,726
2014-15	4,285 (48%)	$7,620	2,686 (30%)	$4,231	5,369 (60%)	$6,712
2015-16	4,208 (47%)	$8,025	2,766 (31%)	$4,333	5,565 (63%)	$6,520
2016-17	4,239 (50%)	$8,559	2,766 (33%)	$4,378	5,286 (63%)	$6,549
2017-18	4,664 (55%)	$8,264	3,033 (36%)	$4,535	5,482 (65%)	$6,510
2018-19	4,716 (60%)	$8,833	2,956 (37%)	$4,768	5,217 (66%)	$6,483
2019-20	6,510 (82%)	$7,431	3,022 (38%)	$4,797	5,309 (67%)	$6,806
2020-21	5,217 (71%)	$8,853	2,725 (37%)	$4,720	4,518 (62%)	$6,580
2021-22	5,786 (89%)	$8,896	2,349 (36%)	$5,086	3,846 (59%)	$6,532
Average	4,877 (61.11%)	$8,215	2,765 (34.11%)	$4,559	5,103 (62.78%)	$6,602

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

Overview

For the last 10 years, on average, 1,114 (66.78 % of students) received grants or scholarships and its average amount is $8,440. It can cover 33.51% of tuition & fees ($25,185) based on out-of-state rate.

In addition, 1,177 (68.00 % of students) students get helped from the students loans (average amount : $7,468).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	911 (46%)	$6,999	1,253 (63%)	$7,354
2014-15	956 (47%)	$7,750	1,267 (63%)	$7,428
2015-16	918 (47%)	$8,304	1,329 (68%)	$7,587
2016-17	932 (53%)	$9,195	1,189 (68%)	$7,579
2017-18	1,142 (62%)	$7,917	1,330 (72%)	$7,827
2018-19	1,233 (70%)	$9,426	1,289 (73%)	$7,447
2019-20	1,520 (92%)	$7,938	1,201 (73%)	$7,693
2020-21	1,171 (88%)	$8,695	897 (67%)	$7,385
2021-22	1,244 (96%)	$9,733	837 (65%)	$6,910
Average	1,114 (66.78%)	$8,440	1,177 (68.00%)	$7,468

^*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, 638 (37.56 % of students) received Pell (federal) grants and its average amount is $4,616.

In addition, 448 students received State/local government grants/scholarships (27.33 % 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	573 (29%)	$4,081	54 (3%)	$7,180	335 (17%)	$5,284	361 (18%)	$5,208
2014-15	597 (30%)	$4,244	129 (6%)	$4,656	334 (17%)	$5,375	416 (21%)	$5,960
2015-16	637 (33%)	$4,392	81 (4%)	$6,125	341 (17%)	$5,833	356 (18%)	$6,572
2016-17	664 (38%)	$4,448	104 (6%)	$4,851	363 (21%)	$7,214	365 (21%)	$6,830
2017-18	752 (41%)	$4,476	84 (5%)	$6,977	461 (25%)	$4,790	540 (29%)	$5,336
2018-19	731 (42%)	$4,938	77 (4%)	$7,131	566 (32%)	$6,228	743 (42%)	$5,300
2019-20	707 (43%)	$4,970	1,332 (81%)	$821	505 (31%)	$6,369	940 (57%)	$4,513
2020-21	563 (42%)	$4,813	206 (16%)	$2,331	568 (43%)	$3,800	1,003 (75%)	$4,819
2021-22	514 (40%)	$5,184	640 (50%)	$2,138	557 (43%)	$6,592	891 (69%)	$4,942
Average	638 (37.56%)	$4,616	301 (19.44%)	$4,690	448 (27.33%)	$5,721	624 (38.89%)	$5,498

^*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, 1,177 (68.00 % of students) get any students loan help and its average loan amount is $1,177.

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	1,253 (63%)	$7,354	1,228 (62%)	$5,718	195 (10%)	$11,245
2014-15	1,267 (63%)	$7,428	1,226 (61%)	$5,598	217 (11%)	$11,745
2015-16	1,329 (68%)	$7,587	1,293 (66%)	$5,418	260 (13%)	$11,836
2016-17	1,189 (68%)	$7,579	1,160 (66%)	$5,489	220 (13%)	$12,017
2017-18	1,330 (72%)	$7,827	1,306 (71%)	$5,613	262 (14%)	$11,753
2018-19	1,289 (73%)	$7,447	1,265 (72%)	$5,506	213 (12%)	$12,366
2019-20	1,201 (73%)	$7,693	1,184 (72%)	$5,599	210 (13%)	$12,426
2020-21	897 (67%)	$7,385	869 (65%)	$5,344	158 (12%)	$12,531
2021-22	837 (65%)	$6,910	821 (64%)	$5,233	123 (10%)	$12,095
Average	1,177 (68.00%)	$7,468	1,150 (66.56%)	$5,502	206 (12.00%)	$12,002

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Scholarships, Grants, and Loan Trends at Radford

All Undergraduate Students Financial Aid Over Time

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