Scholarships, Grants, and Loan Trends at Rutgers-Newark

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,930, which is 71.00 % of all undergraduate students. 3,967 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $7,169.
For full-time, first-time beginning students (freshmen), 74.11% of students received grants or scholarships and 43% 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-Newark since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,930, which is 71.00 % of all undergraduate students. 3,967 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $7,169.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,528 (63%)$9,9243,742 (52%)$4,2014,138 (57%)$7,280
2014-154,782 (65%)$10,2913,929 (53%)$4,2814,289 (58%)$7,244
2015-164,976 (65%)$10,4344,076 (53%)$4,2374,259 (55%)$7,195
2016-175,028 (62%)$11,5034,081 (50%)$4,5024,104 (50%)$7,256
2017-186,252 (73%)$12,0655,002 (58%)$4,7034,438 (52%)$7,261
2018-196,200 (68%)$12,7724,917 (54%)$4,9304,205 (46%)$7,919
2019-206,545 (70%)$13,0224,951 (53%)$5,1314,038 (43%)$6,847
2020-217,245 (79%)$13,0395,091 (56%)$5,1643,372 (37%)$6,865
2021-227,812 (94%)$12,5254,697 (56%)$5,1662,863 (34%)$6,655
Average5,930 (71.00%)$11,7314,498 (53.89%)$4,7023,967 (48.00%)$7,169

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

For the last 10 years, on average, 923 (74.11 % of students) received grants or scholarships and its average amount is $13,490. It can cover 38.16% of tuition & fees ($35,348) based on out-of-state rate.
In addition, 533 (43.33 % of students) students get helped from the students loans (average amount : $6,604).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14649 (66%)$12,626500 (51%)$6,437
2014-15673 (67%)$12,590539 (53%)$6,897
2015-16815 (68%)$12,680551 (46%)$6,656
2016-17931 (70%)$13,204651 (49%)$7,061
2017-18973 (74%)$13,883637 (48%)$7,172
2018-19971 (74%)$14,304616 (47%)$6,515
2019-201,072 (77%)$14,340580 (41%)$6,071
2020-211,011 (77%)$14,611383 (29%)$6,154
2021-221,212 (94%)$13,168341 (26%)$6,475
Average923 (74.11%)$13,490533 (43.33%)$6,604
*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, 712 (57.00 % of students) received Pell (federal) grants and its average amount is $5,113.
In addition, 668 students received State/local government grants/scholarships (53.22 % 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
2013-14513 (52%)$4,752110 (11%)$1,375466 (47%)$7,684425 (43%)$4,763
2014-15524 (52%)$4,80193 (9%)$1,421487 (48%)$7,690410 (41%)$5,073
2015-16628 (53%)$4,770127 (11%)$1,419541 (45%)$7,789492 (41%)$5,985
2016-17730 (55%)$4,812139 (10%)$1,390675 (50%)$7,807566 (42%)$5,861
2017-18806 (61%)$5,133135 (10%)$1,379755 (57%)$8,128520 (39%)$5,863
2018-19808 (61%)$5,289160 (12%)$1,180800 (61%)$8,340456 (35%)$6,041
2019-20863 (62%)$5,48086 (6%)$10,869868 (62%)$8,314471 (34%)$5,289
2020-21778 (59%)$5,530100 (8%)$13,368745 (57%)$8,516668 (51%)$4,174
2021-22756 (58%)$5,450444 (34%)$7,176673 (52%)$8,293532 (41%)$5,775
Average712 (57.00%)$5,113155 (12.33%)$4,397668 (53.22%)$8,062504 (40.78%)$5,425
*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, 533 (43.33 % of students) get any students loan help and its average loan amount is $533.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14500 (51%)$6,437496 (50%)$5,64936 (4%)$11,580
2014-15539 (53%)$6,897530 (52%)$5,98340 (4%)$13,667
2015-16551 (46%)$6,656539 (45%)$5,64648 (4%)$13,001
2016-17651 (49%)$7,061640 (48%)$5,90064 (5%)$12,826
2017-18637 (48%)$7,172626 (47%)$5,77778 (6%)$12,204
2018-19616 (47%)$6,515603 (46%)$5,04971 (5%)$13,644
2019-20580 (41%)$6,071569 (41%)$4,94946 (3%)$15,323
2020-21383 (29%)$6,154383 (29%)$5,03528 (2%)$15,307
2021-22341 (26%)$6,475341 (26%)$4,95532 (2%)$16,201
Average533 (43.33%)$6,604525 (42.67%)$5,43849 (3.89%)$13,750
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