Scholarships, Grants, and Loan Trends at Strayer University-New Jersey

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 450, which is 61.11 % of all undergraduate students. 542 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $10,305.
For full-time, first-time beginning students (freshmen), 43.00% of students received grants or scholarships and 42% 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 Strayer University-New Jersey since 2013.
For that period, the average number of students who received grants aid/scholarships is 450, which is 61.11 % of all undergraduate students. 542 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $10,305.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14325 (54%)$4,942245 (41%)$2,917344 (57%)$9,809
2014-15410 (62%)$4,289357 (54%)$3,666489 (74%)$10,638
2015-16398 (58%)$3,935357 (52%)$3,919506 (73%)$10,668
2016-17419 (55%)$4,136400 (53%)$3,969542 (72%)$10,222
2017-18420 (54%)$4,604399 (52%)$4,487550 (71%)$10,869
2018-19523 (61%)$4,652517 (61%)$4,474641 (75%)$10,834
2019-20560 (65%)$4,787544 (63%)$4,619685 (79%)$10,568
2020-21562 (62%)$4,808540 (60%)$4,648683 (76%)$9,707
2021-22434 (79%)$5,737361 (66%)$4,593442 (80%)$9,429
Average450 (61.11%)$4,654413 (55.78%)$4,144542 (73.00%)$10,305

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

For the last 10 years, on average, 2 (43.00 % of students) received grants or scholarships and its average amount is $4,862. It can cover 34.93% of tuition & fees ($13,920).
In addition, 2 (41.60 % of students) students get helped from the students loans (average amount : $7,351).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141 (33%)$5,6451 (33%)$11,051
2014-152 (29%)$3,9302 (29%)$5,608
2015-162 (29%)$5,7752 (29%)$6,268
2016-17----
2017-184 (67%)$3,3413 (50%)$7,312
2018-191 (33%)$6,095--
2019-202 (67%)$4,3882 (67%)$6,516
2020-21----
2021-22----
Average2 (43.00%)$4,8622 (41.60%)$7,351
*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, 2 (43.00 % of students) received Pell (federal) grants and its average amount is $4,842.
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 (33%)$5,645------
2014-152 (29%)$3,930------
2015-162 (29%)$5,775------
2016-17--------
2017-184 (67%)$3,2161 (17%)$500----
2018-191 (33%)$6,095------
2019-202 (67%)$4,388------
2020-21--------
2021-22--------
Average2 (43.00%)$4,8421 (17.00%)$500----
*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, 2 (41.60 % of students) get any students loan help and its average loan amount is $2.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141 (33%)$11,0511 (33%)$11,051--
2014-152 (29%)$5,6082 (29%)$5,608--
2015-162 (29%)$6,2682 (29%)$6,268--
2016-17------
2017-183 (50%)$7,3123 (50%)$7,312--
2018-19------
2019-202 (67%)$6,5162 (67%)$6,516--
2020-21------
2021-22------
Average2 (41.60%)$7,3512 (41.60%)$7,351--
Most Searched New Jersey Colleges (last 30 days)
Related Articles and Ads