How Stevens-The Institute of Business & Arts'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-The Institute of Business & Arts since 2013.

For that period, the average number of students who received grants aid/scholarships is 95, which is 74.56 % of all undergraduate students. 113 students which is 88.22% of undergraduate students received federal student loans and the average loan amount is $8,559.

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	127 (75%)	$3,863	126 (74%)	$3,798	164 (96%)	$7,417
2014-15	97 (68%)	$3,235	94 (66%)	$2,880	127 (89%)	$5,910
2015-16	97 (76%)	$4,240	91 (72%)	$4,183	117 (92%)	$8,389
2016-17	99 (75%)	$4,718	96 (73%)	$4,163	122 (92%)	$9,005
2017-18	88 (73%)	$4,758	82 (68%)	$4,588	105 (87%)	$9,425
2018-19	97 (80%)	$4,744	89 (73%)	$4,827	104 (85%)	$7,783
2019-20	94 (77%)	$6,193	88 (72%)	$5,395	104 (85%)	$10,154
2020-21	80 (73%)	$6,451	78 (72%)	$5,461	91 (83%)	$10,479
2021-22	72 (74%)	$4,799	70 (72%)	$4,245	82 (85%)	$8,472
Average	95 (74.56%)	$4,778	90 (71.33%)	$4,393	113 (88.22%)	$8,559

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

Overview

For the last 10 years, on average, 5 (75.89 % of students) received grants or scholarships and its average amount is $5,148. It can cover 39.70% of tuition & fees ($12,968).

In addition, 5 (80.67 % of students) students get helped from the students loans (average amount : $7,679).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3 (75%)	$5,645	4 (100%)	$8,413
2014-15	2 (50%)	$4,055	3 (75%)	$8,082
2015-16	6 (86%)	$5,042	6 (86%)	$8,587
2016-17	3 (60%)	$4,753	3 (60%)	$8,802
2017-18	3 (60%)	$4,353	2 (40%)	$5,443
2018-19	6 (86%)	$4,655	6 (86%)	$5,015
2019-20	6 (75%)	$4,813	7 (88%)	$8,169
2020-21	10 (91%)	$6,449	10 (91%)	$9,210
2021-22	3 (100%)	$6,568	3 (100%)	$7,390
Average	5 (75.89%)	$5,148	5 (80.67%)	$7,679

^*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, 5 (75.89 % of students) received Pell (federal) grants and its average amount is $5,148.

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	3 (75%)	$5,645	-	-	-	-	-	-
2014-15	2 (50%)	$4,055	-	-	-	-	-	-
2015-16	6 (86%)	$5,042	-	-	-	-	-	-
2016-17	3 (60%)	$4,753	-	-	-	-	-	-
2017-18	3 (60%)	$4,353	-	-	-	-	-	-
2018-19	6 (86%)	$4,655	-	-	-	-	-	-
2019-20	6 (75%)	$4,813	-	-	-	-	-	-
2020-21	10 (91%)	$6,449	-	-	-	-	-	-
2021-22	3 (100%)	$6,568	-	-	-	-	-	-
Average	5 (75.89%)	$5,148	-	-	-	-	-	-

^*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, 5 (80.67 % of students) get any students loan help and its average loan amount is $5.

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	4 (100%)	$8,413	4 (100%)	$8,413	-	-
2014-15	3 (75%)	$8,082	3 (75%)	$8,082	-	-
2015-16	6 (86%)	$8,587	6 (86%)	$8,587	-	-
2016-17	3 (60%)	$8,802	3 (60%)	$8,802	-	-
2017-18	2 (40%)	$5,443	2 (40%)	$5,443	-	-
2018-19	6 (86%)	$5,015	6 (86%)	$5,015	-	-
2019-20	7 (88%)	$8,169	7 (88%)	$8,169	-	-
2020-21	10 (91%)	$9,210	10 (91%)	$9,210	-	-
2021-22	3 (100%)	$7,390	3 (100%)	$7,390	-	-
Average	5 (80.67%)	$7,679	5 (80.67%)	$7,679	-	-

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Scholarships, Grants, and Loan Trends at Stevens-The Institute of Business & Arts

All Undergraduate Students Financial Aid Over Time

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