Scholarships, Grants, and Loan Trends at U of New England

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,339, which is 63.00 % of all undergraduate students. 1,935 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $6,957.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 89% 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 New England since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,339, which is 63.00 % of all undergraduate students. 1,935 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $6,957.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,160 (81%)$17,169575 (22%)$3,9321,786 (67%)$7,535
2014-152,204 (80%)$17,276536 (19%)$4,0651,799 (65%)$7,402
2015-162,270 (60%)$17,870565 (15%)$4,0001,842 (48%)$7,525
2016-172,288 (54%)$17,165539 (13%)$3,9752,020 (48%)$10,162
2017-182,326 (53%)$17,688570 (13%)$4,3072,080 (47%)$6,130
2018-192,377 (53%)$18,875570 (13%)$4,2022,124 (48%)$5,687
2019-202,459 (58%)$18,654521 (12%)$4,2422,206 (52%)$5,608
2020-212,759 (68%)$16,077498 (12%)$4,4201,823 (45%)$6,271
2021-222,209 (60%)$19,706447 (12%)$4,4421,737 (47%)$6,294
Average2,339 (63.00%)$17,831536 (14.56%)$4,1761,935 (51.89%)$6,957

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

For the last 10 years, on average, 629 (100.00 % of students) received grants or scholarships and its average amount is $19,508. It can cover 45.85% of tuition & fees ($42,550).
In addition, 562 (89.33 % of students) students get helped from the students loans (average amount : $11,415).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14633 (100%)$17,464529 (84%)$11,871
2014-15574 (100%)$17,884486 (85%)$11,160
2015-16624 (100%)$18,329523 (84%)$12,056
2016-17681 (100%)$19,228570 (84%)$12,007
2017-18650 (100%)$19,199626 (96%)$10,248
2018-19635 (100%)$21,145610 (96%)$10,663
2019-20710 (100%)$20,372681 (96%)$11,996
2020-21560 (100%)$21,394475 (85%)$12,651
2021-22592 (100%)$20,555557 (94%)$10,080
Average629 (100.00%)$19,508562 (89.33%)$11,415
*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, 156 (24.89 % of students) received Pell (federal) grants and its average amount is $4,084.
In addition, 72 students received State/local government grants/scholarships (11.33 % 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
2013-14165 (26%)$3,89114 (2%)$2,09990 (14%)$819633 (100%)$16,286
2014-15136 (24%)$4,09612 (2%)$5,45077 (13%)$900574 (100%)$16,679
2015-16160 (26%)$3,92360 (10%)$2,18674 (12%)$1,379624 (100%)$16,949
2016-17161 (24%)$3,96869 (10%)$1,30067 (10%)$1,484677 (99%)$18,118
2017-18174 (27%)$3,84357 (9%)$1,64672 (11%)$1,398650 (100%)$17,871
2018-19163 (26%)$4,25164 (10%)$1,87558 (9%)$1,468635 (100%)$19,730
2019-20179 (25%)$4,23472 (10%)$1,46888 (12%)$1,317710 (100%)$18,993
2020-21140 (25%)$4,34178 (14%)$2,33469 (12%)$1,459560 (100%)$19,804
2021-22127 (21%)$4,20966 (11%)$2,45455 (9%)$1,974592 (100%)$19,195
Average156 (24.89%)$4,08455 (8.67%)$2,31272 (11.33%)$1,355628 (99.89%)$18,181
*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, 562 (89.33 % of students) get any students loan help and its average loan amount is $562.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14529 (84%)$11,871523 (83%)$6,746160 (25%)$17,197
2014-15486 (85%)$11,160482 (84%)$6,119151 (26%)$16,388
2015-16523 (84%)$12,056520 (83%)$6,332172 (28%)$17,515
2016-17570 (84%)$12,007568 (83%)$6,123190 (28%)$17,717
2017-18626 (96%)$10,248625 (96%)$4,217205 (32%)$18,437
2018-19610 (96%)$10,663609 (96%)$4,318193 (30%)$20,077
2019-20681 (96%)$11,996681 (96%)$4,485256 (36%)$19,979
2020-21475 (85%)$12,651472 (84%)$4,819174 (31%)$21,463
2021-22557 (94%)$10,080557 (94%)$4,215152 (26%)$21,494
Average562 (89.33%)$11,415560 (88.78%)$5,264184 (29.11%)$18,919
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