Scholarships, Grants, and Loan Trends at RHSHS

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 216, which is 67.00 % of all undergraduate students. 231 students which is 70.67% of undergraduate students received federal student loans and the average loan amount is $6,899.
For full-time, first-time beginning students (freshmen), 71.44% 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 Reading Hospital School of Health Sciences since 2013.
For that period, the average number of students who received grants aid/scholarships is 216, which is 67.00 % of all undergraduate students. 231 students which is 70.67% of undergraduate students received federal student loans and the average loan amount is $6,899.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14212 (58%)$3,991155 (42%)$3,340270 (74%)$6,589
2014-15188 (54%)$3,987127 (37%)$3,471240 (70%)$6,849
2015-16205 (57%)$4,736149 (41%)$3,617247 (68%)$6,760
2016-17170 (53%)$4,096102 (32%)$3,121200 (62%)$6,025
2017-18173 (60%)$5,141129 (45%)$3,744213 (74%)$6,975
2018-19204 (62%)$5,257130 (40%)$3,953259 (79%)$6,945
2019-20241 (73%)$4,341106 (32%)$4,100231 (70%)$7,278
2020-21290 (94%)$3,383101 (33%)$3,794219 (71%)$7,182
2021-22264 (92%)$4,92889 (31%)$4,539197 (68%)$7,488
Average216 (67.00%)$4,429121 (37.00%)$3,742231 (70.67%)$6,899

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

For the last 10 years, on average, 17 (71.44 % of students) received grants or scholarships and its average amount is $4,627. It can cover 32.42% of tuition & fees ($14,271).
In addition, 19 (81.22 % of students) students get helped from the students loans (average amount : $7,361).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1420 (77%)$4,60322 (85%)$6,354
2014-1514 (67%)$4,65918 (86%)$8,161
2015-1614 (50%)$4,58619 (68%)$6,613
2016-179 (43%)$5,45416 (76%)$6,952
2017-1816 (64%)$5,96422 (88%)$7,408
2018-1916 (64%)$5,67822 (88%)$7,716
2019-2016 (89%)$4,34516 (89%)$7,782
2020-2129 (100%)$2,78223 (79%)$8,488
2021-2216 (89%)$3,57313 (72%)$6,776
Average17 (71.44%)$4,62719 (81.22%)$7,361
*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, 9 (36.44 % of students) received Pell (federal) grants and its average amount is $4,606.
In addition, 11 students received State/local government grants/scholarships (48.56 % 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
2013-1412 (46%)$3,469--18 (69%)$2,802--
2014-1510 (48%)$3,654--12 (57%)$2,390--
2015-169 (32%)$3,965--11 (39%)$2,593--
2016-175 (24%)$4,715--9 (43%)$2,834--
2017-1813 (52%)$4,804--13 (52%)$2,536--
2018-1912 (48%)$4,432--15 (60%)$2,511--
2019-206 (33%)$5,20316 (89%)$85010 (56%)$2,471--
2020-218 (28%)$4,92226 (90%)$4548 (28%)$3,690--
2021-223 (17%)$6,29416 (89%)$1,3416 (33%)$2,806--
Average9 (36.44%)$4,60619 (89.33%)$88211 (48.56%)$2,737--
*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, 19 (81.22 % of students) get any students loan help and its average loan amount is $19.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1422 (85%)$6,35422 (85%)$4,8036 (23%)$5,688
2014-1518 (86%)$8,16117 (81%)$5,3995 (24%)$11,020
2015-1619 (68%)$6,61319 (68%)$5,2873 (11%)$8,395
2016-1716 (76%)$6,95216 (76%)$6,1081 (5%)$13,500
2017-1822 (88%)$7,40821 (84%)$7,1171 (4%)$13,522
2018-1922 (88%)$7,71622 (88%)$6,5803 (12%)$8,333
2019-2016 (89%)$7,78216 (89%)$7,4071 (6%)$6,000
2020-2123 (79%)$8,48821 (72%)$6,4797 (24%)$8,452
2021-2213 (72%)$6,77613 (72%)$6,776--
Average19 (81.22%)$7,36119 (79.44%)$6,2173 (13.63%)$9,364
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