Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,539, which is 88.78 % of all undergraduate students. 1,273 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $7,083.

For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 82% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Alfred University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,539, which is 88.78 % of all undergraduate students. 1,273 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $7,083.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,092 (56%)$30,098770 (39%)$4,1061,543 (79%)$6,964
2014-151,888 (98%)$17,185721 (38%)$4,1381,469 (77%)$6,869
2015-161,804 (100%)$17,976711 (39%)$4,2331,398 (77%)$6,843
2016-171,703 (94%)$18,609681 (38%)$4,3681,375 (76%)$6,997
2017-181,550 (91%)$20,509688 (40%)$4,4211,265 (74%)$6,751
2018-191,518 (91%)$21,832696 (42%)$4,5871,205 (72%)$6,244
2019-201,515 (88%)$22,306725 (42%)$4,7471,187 (69%)$6,187
2020-211,415 (89%)$23,679627 (39%)$4,6011,018 (64%)$6,208
2021-221,367 (92%)$26,239552 (37%)$4,6571,001 (67%)$10,687
Average1,539 (88.78%)$22,048686 (39.33%)$4,4291,273 (72.78%)$7,083
*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.

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

For the last 10 years, on average, 438 (99.56 % of students) received grants or scholarships and its average amount is $22,435. It can cover 56.75% of tuition & fees ($39,530).

In addition, 363 (82.11 % of students) students get helped from the students loans (average amount : $7,872).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14535 (100%)$19,463451 (84%)$8,225
2014-15489 (100%)$19,806454 (93%)$7,414
2015-16452 (100%)$19,309382 (85%)$8,178
2016-17417 (100%)$20,676352 (84%)$8,299
2017-18417 (100%)$22,431353 (84%)$8,330
2018-19436 (100%)$23,160364 (83%)$8,032
2019-20454 (99%)$24,135371 (81%)$7,314
2020-21352 (98%)$26,764272 (76%)$7,233
2021-22390 (99%)$26,172271 (69%)$7,819
Average438 (99.56%)$22,435363 (82.11%)$7,872
*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, 198 (45.11 % of students) received Pell (federal) grants and its average amount is $4,480.

In addition, 220 students received State/local government grants/scholarships (49.78 % 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
2013-14224 (42%)$4,256228 (43%)$1,090272 (51%)$3,066535 (100%)$15,658
2014-15177 (36%)$4,641173 (35%)$800257 (53%)$3,043489 (100%)$16,243
2015-16196 (43%)$4,302196 (43%)$754242 (54%)$3,192452 (100%)$15,407
2016-17189 (45%)$4,344192 (46%)$753227 (54%)$3,849417 (100%)$16,266
2017-18208 (50%)$4,571204 (49%)$763218 (52%)$3,263417 (100%)$18,071
2018-19225 (51%)$4,482219 (50%)$733220 (50%)$3,687436 (100%)$18,618
2019-20235 (51%)$4,746231 (50%)$774220 (48%)$3,647453 (99%)$19,560
2020-21174 (48%)$4,608167 (47%)$740167 (47%)$3,051352 (98%)$22,688
2021-22156 (40%)$4,368152 (39%)$696153 (39%)$3,447390 (99%)$22,802
Average198 (45.11%)$4,480196 (44.67%)$789220 (49.78%)$3,361438 (99.56%)$18,368
*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, 363 (82.11 % of students) get any students loan help and its average loan amount is $363.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14451 (84%)$8,225447 (84%)$6,439297 (56%)$2,799
2014-15454 (93%)$7,414398 (81%)$6,552254 (52%)$2,985
2015-16382 (85%)$8,178375 (83%)$5,823256 (57%)$3,674
2016-17352 (84%)$8,299350 (84%)$6,202223 (53%)$3,366
2017-18353 (84%)$8,330350 (84%)$5,874269 (64%)$3,288
2018-19364 (83%)$8,032357 (82%)$5,172274 (63%)$3,932
2019-20371 (81%)$7,314367 (80%)$5,072255 (56%)$3,342
2020-21272 (76%)$7,233266 (74%)$5,297123 (34%)$4,541
2021-22271 (69%)$7,819262 (67%)$4,806152 (39%)$5,656
Average363 (82.11%)$7,872352 (79.89%)$5,693234 (52.67%)$3,731

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