Scholarships, Grants, and Loan Trends at Worcester State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,417, which is 65.11 % of all undergraduate students. 2,814 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $5,900.
For full-time, first-time beginning students (freshmen), 78.89% of students received grants or scholarships and 68% 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 Worcester State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,417, which is 65.11 % of all undergraduate students. 2,814 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $5,900.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,740 (49%)$4,4951,546 (28%)$3,8752,967 (53%)$5,938
2014-153,084 (55%)$4,5151,672 (30%)$3,9433,042 (55%)$6,015
2015-163,076 (56%)$4,6941,590 (29%)$3,9132,983 (54%)$5,855
2016-173,095 (58%)$5,0561,554 (29%)$4,1932,934 (55%)$6,708
2017-183,199 (58%)$4,8281,736 (32%)$4,1642,972 (54%)$5,850
2018-192,696 (50%)$5,1061,676 (31%)$4,3012,887 (54%)$5,743
2019-204,097 (77%)$4,3711,653 (31%)$4,3302,808 (53%)$5,736
2020-214,362 (88%)$4,0011,495 (30%)$4,4362,426 (49%)$5,660
2021-224,401 (95%)$4,9251,361 (29%)$4,5242,307 (50%)$5,598
Average3,417 (65.11%)$4,6661,587 (29.89%)$4,1872,814 (53.00%)$5,900

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

For the last 10 years, on average, 645 (78.89 % of students) received grants or scholarships and its average amount is $5,128. It can cover 29.53% of tuition & fees ($17,366) based on out-of-state rate.
In addition, 555 (67.78 % of students) students get helped from the students loans (average amount : $7,234).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14552 (71%)$4,677529 (68%)$6,946
2014-15576 (73%)$5,087578 (74%)$7,245
2015-16585 (72%)$4,845545 (67%)$7,043
2016-17528 (68%)$5,537560 (72%)$7,198
2017-18642 (71%)$5,303631 (70%)$7,237
2018-19606 (68%)$5,375599 (68%)$7,438
2019-20813 (93%)$4,922575 (65%)$7,612
2020-21755 (94%)$4,529475 (59%)$6,757
2021-22749 (100%)$5,881504 (67%)$7,633
Average645 (78.89%)$5,128555 (67.78%)$7,234
*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, 278 (34.00 % of students) received Pell (federal) grants and its average amount is $4,440.
In addition, 514 students received State/local government grants/scholarships (62.78 % 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
2013-14248 (32%)$3,899232 (30%)$301500 (65%)$1,883355 (46%)$1,700
2014-15276 (35%)$4,150254 (32%)$263528 (67%)$1,923364 (46%)$1,931
2015-16239 (30%)$4,032200 (25%)$408516 (64%)$2,223401 (50%)$1,601
2016-17264 (34%)$4,384232 (30%)$294480 (61%)$2,276326 (42%)$1,857
2017-18324 (36%)$4,688245 (27%)$292575 (63%)$1,966394 (43%)$1,735
2018-19314 (35%)$4,701300 (34%)$266486 (55%)$1,863441 (50%)$1,806
2019-20316 (36%)$4,646767 (87%)$685566 (64%)$2,185446 (51%)$1,728
2020-21263 (33%)$4,662393 (49%)$862478 (60%)$2,474353 (44%)$1,903
2021-22261 (35%)$4,798404 (54%)$3,046495 (66%)$3,003287 (38%)$1,517
Average278 (34.00%)$4,440336 (40.89%)$713514 (62.78%)$2,200374 (45.56%)$1,753
*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, 555 (67.78 % of students) get any students loan help and its average loan amount is $555.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14529 (68%)$6,946515 (66%)$5,47385 (11%)$10,068
2014-15578 (74%)$7,245566 (72%)$5,389114 (15%)$9,976
2015-16545 (67%)$7,043532 (66%)$5,138113 (14%)$9,782
2016-17560 (72%)$7,198544 (70%)$5,103117 (15%)$10,723
2017-18631 (70%)$7,237613 (68%)$4,973136 (15%)$11,162
2018-19599 (68%)$7,438576 (65%)$5,036138 (16%)$11,263
2019-20575 (65%)$7,612557 (63%)$5,109134 (15%)$11,427
2020-21475 (59%)$6,757460 (58%)$4,81694 (12%)$10,578
2021-22504 (67%)$7,633491 (65%)$4,796111 (15%)$13,443
Average555 (67.78%)$7,234539 (65.89%)$5,093116 (14.22%)$10,936
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