How Stevens'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 Stevens Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,100, which is 93.33 % of all undergraduate students. 1,963 students which is 59.67% of undergraduate students received federal student loans and the average loan amount is $6,344.

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	2,352 (87%)	$21,789	559 (21%)	$4,263	1,705 (63%)	$6,701
2014-15	2,670 (92%)	$23,495	532 (18%)	$4,250	1,746 (60%)	$6,541
2015-16	2,784 (94%)	$23,345	520 (17%)	$4,209	1,801 (61%)	$6,479
2016-17	2,870 (92%)	$23,451	485 (16%)	$4,136	1,854 (60%)	$6,285
2017-18	2,949 (94%)	$23,914	510 (16%)	$4,208	1,899 (61%)	$6,241
2018-19	3,233 (94%)	$24,878	577 (17%)	$4,455	2,052 (60%)	$6,017
2019-20	3,490 (95%)	$27,199	646 (18%)	$4,567	2,193 (60%)	$6,206
2020-21	3,640 (96%)	$28,755	683 (18%)	$4,828	2,168 (57%)	$6,312
2021-22	3,908 (96%)	$29,819	798 (20%)	$4,914	2,251 (55%)	$6,313
Average	3,100 (93.33%)	$25,183	590 (17.89%)	$4,426	1,963 (59.67%)	$6,344

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

Overview

For the last 10 years, on average, 822 (98.22 % of students) received grants or scholarships and its average amount is $28,362. It can cover 46.53% of tuition & fees ($60,952).

In addition, 520 (62.44 % of students) students get helped from the students loans (average amount : $8,636).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	601 (97%)	$27,881	412 (66%)	$11,455
2014-15	729 (99%)	$27,569	439 (60%)	$7,392
2015-16	667 (97%)	$24,987	441 (64%)	$6,665
2016-17	716 (97%)	$25,762	480 (65%)	$6,371
2017-18	751 (99%)	$26,822	512 (67%)	$6,819
2018-19	994 (99%)	$27,988	622 (62%)	$6,267
2019-20	960 (99%)	$30,288	654 (67%)	$11,171
2020-21	898 (98%)	$32,015	495 (54%)	$10,983
2021-22	1,079 (99%)	$31,949	627 (57%)	$10,599
Average	822 (98.22%)	$28,362	520 (62.44%)	$8,636

^*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, 159 (18.89 % of students) received Pell (federal) grants and its average amount is $4,629.

In addition, 127 students received State/local government grants/scholarships (14.89 % 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	132 (21%)	$4,398	122 (20%)	$1,571	94 (15%)	$8,719	597 (96%)	$25,402
2014-15	126 (17%)	$4,252	123 (17%)	$1,702	81 (11%)	$7,538	728 (99%)	$25,745
2015-16	115 (17%)	$4,355	49 (7%)	$2,363	89 (13%)	$8,255	667 (97%)	$22,961
2016-17	114 (15%)	$4,419	63 (9%)	$2,166	102 (14%)	$7,539	715 (97%)	$23,827
2017-18	135 (18%)	$4,327	103 (14%)	$1,694	113 (15%)	$8,030	751 (99%)	$24,603
2018-19	181 (18%)	$4,859	116 (11%)	$1,899	162 (16%)	$9,084	992 (98%)	$25,453
2019-20	209 (22%)	$4,810	134 (14%)	$1,829	163 (17%)	$8,803	960 (99%)	$27,491
2020-21	185 (20%)	$5,072	114 (12%)	$2,084	169 (18%)	$9,039	897 (98%)	$29,036
2021-22	237 (22%)	$5,172	156 (14%)	$2,162	169 (15%)	$9,936	1,078 (99%)	$28,971
Average	159 (18.89%)	$4,629	109 (13.11%)	$1,941	127 (14.89%)	$8,549	821 (98.00%)	$25,943

^*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, 520 (62.44 % of students) get any students loan help and its average loan amount is $520.

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	412 (66%)	$11,455	405 (65%)	$6,793	103 (17%)	$19,107
2014-15	439 (60%)	$7,392	439 (60%)	$6,294	25 (3%)	$19,279
2015-16	441 (64%)	$6,665	440 (64%)	$5,598	25 (4%)	$19,039
2016-17	480 (65%)	$6,371	479 (65%)	$5,295	23 (3%)	$22,688
2017-18	512 (67%)	$6,819	512 (67%)	$5,352	31 (4%)	$24,231
2018-19	622 (62%)	$6,267	622 (62%)	$5,378	17 (2%)	$32,497
2019-20	654 (67%)	$11,171	647 (67%)	$5,316	162 (17%)	$23,866
2020-21	495 (54%)	$10,983	484 (53%)	$5,154	122 (13%)	$24,116
2021-22	627 (57%)	$10,599	620 (57%)	$5,321	124 (11%)	$26,990
Average	520 (62.44%)	$8,636	516 (62.22%)	$5,611	70 (8.22%)	$23,535

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Scholarships, Grants, and Loan Trends at Stevens

All Undergraduate Students Financial Aid Over Time

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