Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 614, which is 95.44 % of all undergraduate students. 563 students which is 87.56% of undergraduate students received federal student loans and the average loan amount is $6,838.

For full-time, first-time beginning students (freshmen), 97.33% of students received grants or scholarships and 90% 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 Allen University since 2013.

For that period, the average number of students who received grants aid/scholarships is 614, which is 95.44 % of all undergraduate students. 563 students which is 87.56% of undergraduate students received federal student loans and the average loan amount is $6,838.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14645 (99%)$13,462583 (90%)$4,738640 (98%)$7,707
2014-15650 (98%)$5,485400 (61%)$5,730600 (91%)$8,332
2015-16573 (92%)$7,750528 (84%)$4,835518 (83%)$3,883
2016-17555 (93%)$7,830512 (85%)$4,684503 (84%)$3,793
2017-18559 (95%)$8,625512 (87%)$5,101533 (90%)$9,049
2018-19654 (94%)$9,803592 (85%)$5,131619 (89%)$7,502
2019-20721 (96%)$9,445652 (87%)$5,332637 (85%)$7,026
2020-21618 (95%)$10,901534 (82%)$5,321539 (83%)$7,152
2021-22548 (97%)$10,681488 (87%)$5,471480 (85%)$7,097
Average614 (95.44%)$9,331533 (83.11%)$5,149563 (87.56%)$6,838
*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, 181 (97.33 % of students) received grants or scholarships and its average amount is $9,096. It can cover 63.59% of tuition & fees ($14,304).

In addition, 167 (89.78 % of students) students get helped from the students loans (average amount : $6,784).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14175 (98%)$6,878165 (92%)$8,345
2014-15175 (93%)$6,871175 (93%)$5,600
2015-16168 (97%)$8,438166 (95%)$6,666
2016-17138 (100%)$6,845127 (92%)$7,643
2017-18187 (98%)$8,887177 (93%)$7,897
2018-19238 (95%)$10,055223 (89%)$6,645
2019-20251 (98%)$10,856217 (85%)$5,908
2020-21170 (99%)$11,765145 (84%)$6,341
2021-22124 (98%)$11,268108 (85%)$6,009
Average181 (97.33%)$9,096167 (89.78%)$6,784
*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, 164 (88.56 % of students) received Pell (federal) grants and its average amount is $5,195.

In addition, 78 students received State/local government grants/scholarships (41.11 % 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
2013-14153 (85%)$4,71676 (42%)$63096 (54%)$3,48282 (46%)$1,220
2014-15150 (79%)$5,73035 (19%)$30075 (40%)$3,100100 (53%)$1,000
2015-16160 (92%)$4,91694 (54%)$79362 (36%)$3,48289 (51%)$3,826
2016-17132 (96%)$4,53144 (32%)$86260 (43%)$3,48043 (31%)$2,321
2017-18171 (90%)$4,96053 (28%)$1,34590 (47%)$3,672102 (53%)$4,039
2018-19215 (86%)$5,20554 (22%)$1,109113 (45%)$4,397193 (77%)$3,716
2019-20231 (90%)$5,42238 (15%)$1,122113 (44%)$4,969178 (70%)$4,878
2020-21153 (89%)$5,61843 (25%)$1,84264 (37%)$4,689126 (73%)$6,041
2021-22114 (90%)$5,66024 (19%)$2,62931 (24%)$5,33584 (66%)$6,232
Average164 (88.56%)$5,19551 (28.44%)$1,18178 (41.11%)$4,067111 (57.78%)$3,697
*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, 167 (89.78 % of students) get any students loan help and its average loan amount is $167.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14165 (92%)$8,345165 (92%)$8,345--
2014-15175 (93%)$5,600175 (93%)$5,5005 (3%)$3,500
2015-16166 (95%)$6,666166 (95%)$6,666--
2016-17127 (92%)$7,643127 (92%)$7,643--
2017-18177 (93%)$7,897177 (93%)$7,897--
2018-19223 (89%)$6,645223 (89%)$6,6261 (0%)$4,402
2019-20217 (85%)$5,908217 (85%)$5,908--
2020-21145 (84%)$6,341145 (84%)$6,3211 (1%)$3,000
2021-22108 (85%)$6,009108 (85%)$6,009--
Average167 (89.78%)$6,784167 (89.78%)$6,7682 (2.00%)$3,634

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