How Ramapo College of New Jersey'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 Ramapo College of New Jersey since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,393, which is 43.67 % of all undergraduate students. 2,862 students which is 52.22% of undergraduate students received federal student loans and the average loan amount is $6,884.

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	2,237 (41%)	$9,237	1,497 (28%)	$4,063	3,449 (64%)	$7,201
2014-15	2,213 (43%)	$10,004	1,383 (27%)	$4,330	3,137 (61%)	$6,884
2015-16	2,373 (42%)	$9,774	1,395 (25%)	$4,352	3,109 (55%)	$6,899
2016-17	2,434 (42%)	$9,690	1,427 (25%)	$4,291	3,041 (53%)	$6,884
2017-18	2,484 (44%)	$10,119	1,434 (26%)	$4,566	2,832 (50%)	$6,784
2018-19	2,498 (45%)	$10,179	1,472 (26%)	$4,826	3,137 (56%)	$6,705
2019-20	2,434 (44%)	$10,461	1,443 (26%)	$5,040	2,669 (48%)	$6,662
2020-21	2,515 (46%)	$10,213	1,496 (28%)	$4,893	2,423 (45%)	$7,462
2021-22	2,353 (46%)	$11,506	1,360 (26%)	$5,060	1,961 (38%)	$6,474
Average	2,393 (43.67%)	$10,131	1,434 (26.33%)	$4,602	2,862 (52.22%)	$6,884

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

Overview

For the last 10 years, on average, 505 (53.44 % of students) received grants or scholarships and its average amount is $12,028. It can cover 45.58% of tuition & fees ($26,388) based on out-of-state rate.

In addition, 558 (59.11 % of students) students get helped from the students loans (average amount : $8,496).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	436 (49%)	$12,139	573 (64%)	$8,452
2014-15	541 (56%)	$11,378	635 (65%)	$7,406
2015-16	456 (49%)	$12,444	570 (61%)	$9,015
2016-17	498 (53%)	$11,907	583 (62%)	$9,292
2017-18	514 (56%)	$12,020	550 (60%)	$8,182
2018-19	512 (54%)	$11,735	723 (77%)	$8,198
2019-20	520 (51%)	$12,061	573 (56%)	$9,768
2020-21	550 (55%)	$12,018	415 (42%)	$7,795
2021-22	521 (58%)	$12,553	399 (45%)	$8,357
Average	505 (53.44%)	$12,028	558 (59.11%)	$8,496

^*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, 261 (27.56 % of students) received Pell (federal) grants and its average amount is $4,891.

In addition, 243 students received State/local government grants/scholarships (25.67 % 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	230 (26%)	$4,492	84 (9%)	$1,042	214 (24%)	$6,195	332 (37%)	$8,574
2014-15	245 (25%)	$4,445	87 (9%)	$960	219 (22%)	$6,275	364 (37%)	$9,914
2015-16	221 (24%)	$4,727	77 (8%)	$1,097	197 (21%)	$6,345	346 (37%)	$9,524
2016-17	255 (27%)	$4,572	92 (10%)	$1,372	231 (24%)	$6,245	350 (37%)	$9,129
2017-18	270 (29%)	$4,893	47 (5%)	$1,231	246 (27%)	$6,575	343 (37%)	$9,276
2018-19	280 (30%)	$4,978	55 (6%)	$1,408	281 (30%)	$6,353	348 (37%)	$7,908
2019-20	298 (29%)	$5,235	47 (5%)	$1,044	283 (28%)	$6,667	336 (33%)	$8,263
2020-21	294 (30%)	$5,249	63 (6%)	$1,293	285 (29%)	$6,774	385 (39%)	$7,934
2021-22	254 (28%)	$5,429	41 (5%)	$2,140	231 (26%)	$7,122	405 (45%)	$8,465
Average	261 (27.56%)	$4,891	66 (7.00%)	$1,287	243 (25.67%)	$6,506	357 (37.67%)	$8,776

^*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, 558 (59.11 % of students) get any students loan help and its average loan amount is $558.

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	573 (64%)	$8,452	560 (63%)	$5,225	123 (14%)	$15,585
2014-15	635 (65%)	$7,406	613 (63%)	$5,247	110 (11%)	$13,512
2015-16	570 (61%)	$9,015	560 (60%)	$5,234	138 (15%)	$15,999
2016-17	583 (62%)	$9,292	567 (60%)	$5,180	146 (15%)	$16,985
2017-18	550 (60%)	$8,182	543 (59%)	$5,200	99 (11%)	$16,930
2018-19	723 (77%)	$8,198	696 (74%)	$5,262	167 (18%)	$13,563
2019-20	573 (56%)	$9,768	555 (54%)	$5,251	146 (14%)	$18,375
2020-21	415 (42%)	$7,795	392 (39%)	$5,037	95 (10%)	$13,266
2021-22	399 (45%)	$8,357	381 (43%)	$5,100	80 (9%)	$17,393
Average	558 (59.11%)	$8,496	541 (57.22%)	$5,193	123 (13.00%)	$15,734

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Scholarships, Grants, and Loan Trends at Ramapo College of New Jersey

All Undergraduate Students Financial Aid Over Time

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