Scholarships, Grants, and Loan Trends at Rutgers

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 19,012, which is 53.11 % of all undergraduate students. 17,119 students which is 47.67% of undergraduate students received federal student loans and the average loan amount is $7,000.
For full-time, first-time beginning students (freshmen), 51.33% of students received grants or scholarships and 48% 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 Rutgers University-New Brunswick since 2013.
For that period, the average number of students who received grants aid/scholarships is 19,012, which is 53.11 % of all undergraduate students. 17,119 students which is 47.67% of undergraduate students received federal student loans and the average loan amount is $7,000.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1416,709 (48%)$10,72610,482 (30%)$4,27318,318 (52%)$6,829
2014-1518,292 (51%)$11,06111,146 (31%)$4,35318,825 (52%)$6,828
2015-1618,389 (52%)$11,44311,175 (31%)$4,42818,894 (53%)$6,802
2016-1718,095 (50%)$11,75910,617 (29%)$4,56417,986 (50%)$6,955
2017-1818,214 (51%)$12,15910,935 (31%)$4,76317,938 (50%)$7,044
2018-1917,824 (49%)$12,94110,488 (29%)$5,03517,001 (47%)$9,017
2019-2018,830 (52%)$12,5269,916 (27%)$5,21116,263 (45%)$6,627
2020-2122,450 (63%)$10,51010,226 (29%)$5,19314,268 (40%)$6,445
2021-2222,301 (62%)$11,43910,156 (28%)$5,29514,580 (40%)$6,449
Average19,012 (53.11%)$11,61810,571 (29.44%)$4,79117,119 (47.67%)$7,000

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

For the last 10 years, on average, 3,422 (51.33 % of students) received grants or scholarships and its average amount is $13,287. It can cover 36.91% of tuition & fees ($36,001) based on out-of-state rate.
In addition, 3,195 (48.00 % of students) students get helped from the students loans (average amount : $7,710).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,194 (50%)$12,5443,386 (53%)$7,520
2014-153,106 (48%)$13,3863,304 (52%)$7,459
2015-163,289 (50%)$13,9323,497 (53%)$7,567
2016-173,270 (51%)$13,8963,301 (51%)$7,693
2017-183,058 (49%)$14,1073,137 (50%)$8,635
2018-193,414 (49%)$14,4943,576 (51%)$8,483
2019-203,501 (48%)$13,6023,277 (45%)$7,729
2020-213,939 (60%)$10,8352,313 (35%)$6,262
2021-224,026 (57%)$12,7852,967 (42%)$8,040
Average3,422 (51.33%)$13,2873,195 (48.00%)$7,710
*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, 1,813 (27.00 % of students) received Pell (federal) grants and its average amount is $5,011.
In addition, 1,660 students received State/local government grants/scholarships (24.78 % 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
2013-141,816 (28%)$4,533673 (11%)$1,4181,607 (25%)$7,5923,015 (47%)$6,196
2014-151,814 (28%)$4,586735 (11%)$1,2981,626 (25%)$7,7102,880 (45%)$6,864
2015-161,855 (28%)$4,716712 (11%)$1,4351,645 (25%)$7,9673,028 (46%)$7,579
2016-171,744 (27%)$4,765600 (9%)$1,4551,575 (24%)$8,0752,953 (46%)$7,971
2017-181,701 (27%)$4,976553 (9%)$1,3211,586 (25%)$8,0002,603 (42%)$8,166
2018-191,942 (28%)$5,216727 (10%)$1,2341,837 (26%)$8,4222,801 (40%)$8,206
2019-201,785 (24%)$5,368635 (9%)$5,7111,698 (23%)$8,3672,660 (36%)$7,596
2020-211,714 (26%)$5,4041,630 (25%)$2,6711,626 (25%)$8,4141,991 (30%)$7,725
2021-221,946 (27%)$5,5331,563 (22%)$5,0661,740 (25%)$8,2722,467 (35%)$7,456
Average1,813 (27.00%)$5,011870 (13.00%)$2,4011,660 (24.78%)$8,0912,711 (40.78%)$7,529
*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, 3,195 (48.00 % of students) get any students loan help and its average loan amount is $3,195.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-143,386 (53%)$7,5203,343 (52%)$5,826370 (6%)$16,179
2014-153,304 (52%)$7,4593,267 (51%)$5,866353 (6%)$15,528
2015-163,497 (53%)$7,5673,429 (52%)$5,673420 (6%)$16,682
2016-173,301 (51%)$7,6933,263 (51%)$5,857355 (5%)$17,693
2017-183,137 (50%)$8,6353,092 (49%)$5,747539 (9%)$17,287
2018-193,576 (51%)$8,4833,514 (50%)$5,665596 (8%)$17,493
2019-203,277 (45%)$7,7293,230 (44%)$5,272454 (6%)$18,280
2020-212,313 (35%)$6,2622,257 (35%)$4,983197 (3%)$16,429
2021-222,967 (42%)$8,0402,967 (42%)$5,142421 (6%)$20,429
Average3,195 (48.00%)$7,7103,151 (47.33%)$5,559412 (6.11%)$17,333
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