Scholarships, Grants, and Loan Trends at U of Rochester

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,008, which is 77.56 % of all undergraduate students. 2,929 students which is 45.44% of undergraduate students received federal student loans and the average loan amount is $5,149.
For full-time, first-time beginning students (freshmen), 82.33% of students received grants or scholarships and 44% 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 Rochester since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,008, which is 77.56 % of all undergraduate students. 2,929 students which is 45.44% of undergraduate students received federal student loans and the average loan amount is $5,149.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,120 (83%)$23,6561,091 (18%)$4,3313,277 (53%)$6,507
2014-154,918 (78%)$28,5121,131 (18%)$4,3852,901 (46%)$5,722
2015-165,042 (80%)$29,9301,154 (18%)$4,5442,901 (46%)$5,602
2016-175,115 (80%)$31,4541,138 (18%)$4,5782,902 (45%)$5,606
2017-185,188 (79%)$33,5311,182 (18%)$4,7512,793 (43%)$5,621
2018-195,155 (79%)$35,9461,174 (18%)$4,8362,875 (44%)$4,800
2019-205,105 (75%)$37,9551,116 (16%)$5,0133,254 (48%)$4,009
2020-214,788 (73%)$36,6091,091 (17%)$5,0892,777 (43%)$4,249
2021-224,639 (71%)$40,2071,024 (16%)$5,3132,685 (41%)$4,223
Average5,008 (77.56%)$33,0891,122 (17.44%)$4,7602,929 (45.44%)$5,149

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

For the last 10 years, on average, 1,216 (82.33 % of students) received grants or scholarships and its average amount is $34,527. It can cover 53.66% of tuition & fees ($64,348).
In addition, 643 (43.56 % of students) students get helped from the students loans (average amount : $7,105).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,262 (86%)$28,344695 (47%)$6,917
2014-151,223 (85%)$29,586726 (51%)$5,794
2015-161,247 (89%)$31,194731 (52%)$6,349
2016-171,271 (87%)$30,658662 (45%)$7,216
2017-181,354 (87%)$34,656623 (40%)$7,891
2018-191,196 (79%)$39,782601 (39%)$6,976
2019-201,226 (82%)$38,936635 (42%)$7,565
2020-211,028 (75%)$37,870541 (40%)$8,040
2021-221,138 (71%)$39,715576 (36%)$7,198
Average1,216 (82.33%)$34,527643 (43.56%)$7,105
*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, 271 (18.33 % of students) received Pell (federal) grants and its average amount is $4,805.
In addition, 223 students received State/local government grants/scholarships (15.11 % 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
2013-14283 (19%)$4,474266 (18%)$704257 (17%)$2,6911,259 (86%)$26,708
2014-15267 (19%)$4,527260 (18%)$632234 (16%)$2,6001,221 (85%)$28,012
2015-16287 (20%)$4,717278 (20%)$633237 (17%)$2,8481,241 (88%)$29,568
2016-17224 (15%)$4,654224 (15%)$738228 (16%)$2,5491,244 (85%)$29,886
2017-18297 (19%)$4,665266 (17%)$765252 (16%)$3,2921,327 (86%)$33,539
2018-19298 (20%)$4,886272 (18%)$708222 (15%)$3,7221,177 (77%)$38,321
2019-20277 (18%)$5,030259 (17%)$644208 (14%)$3,5311,190 (79%)$38,186
2020-21254 (19%)$5,172252 (18%)$785165 (12%)$3,471993 (73%)$37,106
2021-22255 (16%)$5,121263 (16%)$1,275203 (13%)$2,8851,094 (68%)$39,277
Average271 (18.33%)$4,805260 (17.44%)$765223 (15.11%)$3,0651,194 (80.78%)$33,400
*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, 643 (43.56 % of students) get any students loan help and its average loan amount is $643.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14695 (47%)$6,917679 (46%)$5,99158 (4%)$12,753
2014-15726 (51%)$5,794695 (48%)$4,84368 (5%)$12,354
2015-16731 (52%)$6,349670 (48%)$4,664100 (7%)$15,167
2016-17662 (45%)$7,216625 (43%)$5,049137 (9%)$11,834
2017-18623 (40%)$7,891597 (39%)$5,66776 (5%)$20,170
2018-19601 (39%)$6,976566 (37%)$4,405112 (7%)$15,170
2019-20635 (42%)$7,565596 (40%)$4,262123 (8%)$18,403
2020-21541 (40%)$8,040508 (37%)$4,35197 (7%)$22,054
2021-22576 (36%)$7,198545 (34%)$4,14987 (5%)$21,666
Average643 (43.56%)$7,105609 (41.33%)$4,82095 (6.33%)$16,619
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