Scholarships, Grants, and Loan Trends at ULM

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,134, which is 70.22 % of all undergraduate students. 3,020 students which is 41.11% of undergraduate students received federal student loans and the average loan amount is $6,674.
For full-time, first-time beginning students (freshmen), 95.67% of students received grants or scholarships and 47% 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 University of Louisiana at Monroe since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,134, which is 70.22 % of all undergraduate students. 3,020 students which is 41.11% of undergraduate students received federal student loans and the average loan amount is $6,674.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,079 (70%)$5,6732,906 (40%)$4,1952,732 (38%)$6,086
2014-154,471 (62%)$8,7002,488 (34%)$4,3132,809 (39%)$6,302
2015-165,589 (74%)$6,6362,967 (40%)$4,3383,485 (46%)$6,377
2016-175,859 (75%)$6,3103,173 (41%)$4,3423,900 (50%)$6,487
2017-184,899 (62%)$10,5732,758 (35%)$4,5803,156 (40%)$7,013
2018-194,950 (65%)$9,8682,737 (36%)$4,7533,128 (41%)$7,192
2019-204,910 (71%)$9,5912,534 (37%)$4,8732,838 (41%)$6,394
2020-215,076 (73%)$12,0532,496 (36%)$5,6422,695 (39%)$7,918
2021-225,369 (80%)$11,2662,341 (35%)$4,9522,440 (36%)$6,297
Average5,134 (70.22%)$8,9632,711 (37.11%)$4,6653,020 (41.11%)$6,674

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

For the last 10 years, on average, 1,196 (95.67 % of students) received grants or scholarships and its average amount is $10,741. It can cover 50.45% of tuition & fees ($21,290) based on out-of-state rate.
In addition, 582 (46.56 % of students) students get helped from the students loans (average amount : $5,227).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,204 (91%)$8,224601 (46%)$4,885
2014-151,174 (96%)$9,457496 (41%)$4,700
2015-161,342 (98%)$9,371601 (44%)$4,878
2016-171,253 (93%)$8,958728 (54%)$5,013
2017-181,250 (93%)$12,349654 (49%)$6,024
2018-191,233 (95%)$11,957614 (47%)$5,950
2019-201,098 (98%)$11,376523 (47%)$5,212
2020-211,092 (97%)$12,205507 (45%)$5,134
2021-221,118 (100%)$12,768510 (46%)$5,243
Average1,196 (95.67%)$10,741582 (46.56%)$5,227
*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, 567 (45.44 % of students) received Pell (federal) grants and its average amount is $4,775.
In addition, 954 students received State/local government grants/scholarships (76.44 % 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
2013-14603 (46%)$4,51562 (5%)$649940 (71%)$4,237735 (56%)$4,294
2014-15508 (42%)$4,60376 (6%)$699957 (78%)$4,782713 (58%)$5,799
2015-16589 (43%)$4,53898 (7%)$674994 (72%)$5,193848 (62%)$5,513
2016-17601 (45%)$4,613125 (9%)$680993 (74%)$3,542781 (58%)$6,210
2017-18665 (50%)$4,851116 (9%)$711988 (74%)$5,145951 (71%)$7,407
2018-19590 (45%)$4,91492 (7%)$7361,050 (81%)$5,016970 (75%)$6,710
2019-20513 (46%)$5,029922 (82%)$453912 (81%)$5,306709 (63%)$6,565
2020-21521 (46%)$4,866910 (81%)$750917 (82%)$5,275907 (81%)$5,815
2021-22513 (46%)$5,0451,118 (100%)$1,657837 (75%)$5,487911 (81%)$5,754
Average567 (45.44%)$4,775391 (34.00%)$779954 (76.44%)$4,887836 (67.22%)$6,007
*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, 582 (46.56 % of students) get any students loan help and its average loan amount is $582.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14601 (46%)$4,885600 (46%)$4,8701 (0%)$14,000
2014-15496 (41%)$4,700495 (41%)$4,6575 (0%)$5,200
2015-16601 (44%)$4,878598 (43%)$4,69515 (1%)$8,277
2016-17728 (54%)$5,013704 (52%)$4,95224 (2%)$6,800
2017-18654 (49%)$6,024654 (49%)$6,024--
2018-19614 (47%)$5,950614 (47%)$5,950--
2019-20523 (47%)$5,212520 (46%)$4,87522 (2%)$8,688
2020-21507 (45%)$5,134502 (45%)$4,79825 (2%)$7,783
2021-22510 (46%)$5,243505 (45%)$4,91822 (2%)$8,661
Average582 (46.56%)$5,227577 (46.00%)$5,08216 (1.80%)$8,487
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