How University of Akron Wayne'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 University of Akron Wayne College since 2013.

For that period, the average number of students who received grants aid/scholarships is 618, which is 34.67 % of all undergraduate students. 485 students which is 26.67% of undergraduate students received federal student loans and the average loan amount is $5,869.

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	847 (42%)	$3,477	689 (34%)	$3,484	881 (44%)	$6,180
2014-15	820 (46%)	$3,605	613 (34%)	$3,609	750 (42%)	$6,211
2015-16	788 (40%)	$3,735	562 (28%)	$3,459	657 (33%)	$5,761
2016-17	637 (33%)	$4,279	453 (24%)	$3,608	528 (27%)	$6,068
2017-18	562 (31%)	$4,188	402 (22%)	$3,693	458 (26%)	$5,679
2018-19	473 (28%)	$4,419	317 (19%)	$3,987	338 (20%)	$5,492
2019-20	397 (27%)	$4,746	235 (16%)	$4,219	268 (18%)	$5,676
2020-21	476 (29%)	$5,112	259 (16%)	$3,984	232 (14%)	$5,484
2021-22	561 (36%)	$5,659	266 (17%)	$4,529	252 (16%)	$6,269
Average	618 (34.67%)	$4,358	422 (23.33%)	$3,841	485 (26.67%)	$5,869

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

Overview

For the last 10 years, on average, 192 (78.00 % of students) received grants or scholarships and its average amount is $5,039. It can cover 35.06% of tuition & fees ($14,372) based on out-of-state rate.

In addition, 105 (41.11 % of students) students get helped from the students loans (average amount : $4,730).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	186 (66%)	$4,475	161 (57%)	$4,908
2014-15	229 (77%)	$4,188	154 (52%)	$4,858
2015-16	234 (78%)	$5,152	129 (43%)	$4,432
2016-17	223 (74%)	$5,412	120 (40%)	$4,595
2017-18	183 (76%)	$5,103	110 (45%)	$4,669
2018-19	163 (75%)	$5,005	79 (37%)	$4,887
2019-20	157 (73%)	$5,034	86 (40%)	$5,273
2020-21	197 (90%)	$5,079	63 (29%)	$4,510
2021-22	157 (93%)	$5,901	46 (27%)	$4,437
Average	192 (78.00%)	$5,039	105 (41.11%)	$4,730

^*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, 104 (41.00 % of students) received Pell (federal) grants and its average amount is $3,962.

In addition, 24 students received State/local government grants/scholarships (12.63 % 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	136 (48%)	$3,887	49 (17%)	$728	4 (1%)	$2,579	79 (28%)	$3,263
2014-15	147 (49%)	$3,854	21 (7%)	$715	3 (1%)	$4,252	133 (44%)	$2,743
2015-16	127 (42%)	$4,117	29 (10%)	$639	6 (2%)	$1,092	164 (55%)	$4,010
2016-17	121 (40%)	$4,114	30 (10%)	$735	3 (1%)	$3,122	161 (53%)	$4,208
2017-18	103 (43%)	$3,889	17 (7%)	$700	4 (2%)	$3,120	122 (50%)	$4,172
2018-19	89 (41%)	$4,153	19 (9%)	$684	7 (3%)	$1,731	117 (54%)	$3,600
2019-20	84 (39%)	$4,073	9 (4%)	$667	1 (0%)	$3,058	117 (55%)	$3,754
2020-21	87 (40%)	$3,658	12 (5%)	$1,042	159 (73%)	$188	186 (85%)	$3,441
2021-22	45 (27%)	$3,910	31 (18%)	$2,188	31 (18%)	$246	151 (90%)	$4,471
Average	104 (41.00%)	$3,962	24 (9.67%)	$900	24 (12.63%)	$2,154	137 (57.11%)	$3,740

^*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, 105 (41.11 % of students) get any students loan help and its average loan amount is $105.

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	161 (57%)	$4,908	161 (57%)	$4,908	-	-
2014-15	154 (52%)	$4,858	154 (52%)	$4,704	3 (1%)	$7,939
2015-16	129 (43%)	$4,432	129 (43%)	$4,365	3 (1%)	$2,880
2016-17	120 (40%)	$4,595	117 (39%)	$4,535	4 (1%)	$5,215
2017-18	110 (45%)	$4,669	110 (45%)	$4,512	5 (2%)	$3,462
2018-19	79 (37%)	$4,887	79 (37%)	$4,592	4 (2%)	$5,827
2019-20	86 (40%)	$5,273	84 (39%)	$5,104	4 (2%)	$6,184
2020-21	63 (29%)	$4,510	60 (27%)	$4,464	3 (1%)	$5,427
2021-22	46 (27%)	$4,437	45 (27%)	$4,408	1 (1%)	$5,734
Average	105 (41.11%)	$4,730	104 (40.67%)	$4,621	3 (1.38%)	$5,334

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Scholarships, Grants, and Loan Trends at University of Akron Wayne

All Undergraduate Students Financial Aid Over Time

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