How WMU'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 Western Michigan University since 2013.

For that period, the average number of students who received grants aid/scholarships is 11,665, which is 67.00 % of all undergraduate students. 10,486 students which is 59.33% of undergraduate students received federal student loans and the average loan amount is $7,135.

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	12,954 (67%)	$7,031	7,413 (39%)	$3,955	12,823 (67%)	$7,596
2014-15	12,333 (65%)	$7,414	7,233 (38%)	$3,999	12,559 (66%)	$7,566
2015-16	11,212 (60%)	$7,698	7,040 (38%)	$3,974	11,806 (64%)	$7,104
2016-17	10,423 (57%)	$8,852	6,112 (33%)	$4,306	10,920 (60%)	$7,522
2017-18	10,006 (56%)	$7,960	6,142 (34%)	$4,311	11,460 (64%)	$6,951
2018-19	10,197 (57%)	$9,478	5,633 (32%)	$4,917	10,074 (57%)	$7,050
2019-20	9,772 (57%)	$9,635	5,108 (30%)	$5,003	9,480 (56%)	$7,121
2020-21	14,400 (90%)	$6,827	4,335 (27%)	$4,718	8,144 (51%)	$6,706
2021-22	13,685 (94%)	$7,061	3,788 (26%)	$4,697	7,112 (49%)	$6,597
Average	11,665 (67.00%)	$7,995	5,867 (33.00%)	$4,431	10,486 (59.33%)	$7,135

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

Overview

For the last 10 years, on average, 1,943 (69.44 % of students) received grants or scholarships and its average amount is $7,594. It can cover 39.76% of tuition & fees ($19,098) based on out-of-state rate.

In addition, 1,752 (61.00 % of students) students get helped from the students loans (average amount : $8,170).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,062 (65%)	$6,567	1,975 (63%)	$7,725
2014-15	1,906 (64%)	$7,747	1,879 (63%)	$7,849
2015-16	1,810 (61%)	$7,079	1,781 (60%)	$7,986
2016-17	2,016 (70%)	$7,894	1,909 (66%)	$8,178
2017-18	1,976 (63%)	$8,216	2,384 (76%)	$7,792
2018-19	1,696 (57%)	$8,825	1,767 (59%)	$8,738
2019-20	1,660 (57%)	$8,851	1,658 (57%)	$8,965
2020-21	2,426 (95%)	$6,352	1,297 (51%)	$7,933
2021-22	1,936 (93%)	$6,813	1,122 (54%)	$8,367
Average	1,943 (69.44%)	$7,594	1,752 (61.00%)	$8,170

^*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, 906 (31.56 % of students) received Pell (federal) grants and its average amount is $4,722.

In addition, 211 students received State/local government grants/scholarships (7.22 % 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	1,122 (36%)	$4,486	692 (22%)	$606	272 (9%)	$615	1,550 (49%)	$5,110
2014-15	1,095 (37%)	$4,617	647 (22%)	$599	294 (10%)	$889	1,587 (53%)	$5,710
2015-16	991 (34%)	$4,589	610 (21%)	$599	229 (8%)	$822	1,218 (41%)	$6,332
2016-17	1,056 (37%)	$4,676	672 (23%)	$604	400 (14%)	$854	1,382 (48%)	$7,402
2017-18	1,078 (34%)	$4,721	636 (20%)	$695	188 (6%)	$1,138	1,561 (50%)	$6,720
2018-19	910 (30%)	$4,829	525 (18%)	$710	161 (5%)	$1,154	1,475 (49%)	$6,789
2019-20	759 (26%)	$4,918	463 (16%)	$742	154 (5%)	$1,274	1,499 (52%)	$6,952
2020-21	624 (25%)	$4,784	2,215 (87%)	$815	132 (5%)	$1,098	2,006 (79%)	$5,222
2021-22	515 (25%)	$4,875	1,717 (82%)	$740	67 (3%)	$1,440	1,658 (79%)	$5,617
Average	906 (31.56%)	$4,722	909 (34.56%)	$679	211 (7.22%)	$1,032	1,548 (55.56%)	$6,206

^*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, 1,752 (61.00 % of students) get any students loan help and its average loan amount is $1,752.

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	1,975 (63%)	$7,725	1,959 (62%)	$5,968	284 (9%)	$12,556
2014-15	1,879 (63%)	$7,849	1,862 (63%)	$6,072	273 (9%)	$12,611
2015-16	1,781 (60%)	$7,986	1,754 (59%)	$5,738	295 (10%)	$14,098
2016-17	1,909 (66%)	$8,178	1,884 (65%)	$5,907	317 (11%)	$14,143
2017-18	2,384 (76%)	$7,792	2,365 (75%)	$5,639	389 (12%)	$13,471
2018-19	1,767 (59%)	$8,738	1,735 (58%)	$5,556	391 (13%)	$14,833
2019-20	1,658 (57%)	$8,965	1,607 (56%)	$5,536	398 (14%)	$14,994
2020-21	1,297 (51%)	$7,933	1,257 (49%)	$5,188	249 (10%)	$15,132
2021-22	1,122 (54%)	$8,367	1,090 (52%)	$5,234	241 (12%)	$15,280
Average	1,752 (61.00%)	$8,170	1,724 (59.89%)	$5,649	315 (11.11%)	$14,124

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Scholarships, Grants, and Loan Trends at WMU

All Undergraduate Students Financial Aid Over Time

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