Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,466, which is 85.44 % of all undergraduate students. 1,693 students which is 58.89% of undergraduate students received federal student loans and the average loan amount is $6,823.

For full-time, first-time beginning students (freshmen), 99.44% of students received grants or scholarships and 72% 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 Anderson University since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,466, which is 85.44 % of all undergraduate students. 1,693 students which is 58.89% of undergraduate students received federal student loans and the average loan amount is $6,823.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,117 (80%)$22,060786 (30%)$3,9881,697 (64%)$3,929
2014-152,409 (87%)$12,139856 (31%)$4,0001,617 (58%)$8,880
2015-162,135 (76%)$11,051830 (29%)$3,9182,017 (72%)$7,641
2016-172,483 (91%)$16,123804 (29%)$3,9671,757 (64%)$7,189
2017-182,576 (86%)$17,232778 (26%)$4,1261,734 (58%)$6,871
2018-192,515 (87%)$18,686714 (25%)$4,3961,635 (57%)$6,827
2019-202,532 (88%)$20,431686 (24%)$4,5211,561 (54%)$6,827
2020-212,656 (86%)$21,300699 (23%)$4,4291,599 (52%)$6,694
2021-222,768 (88%)$22,544687 (22%)$4,7081,623 (51%)$6,553
Average2,466 (85.44%)$17,952760 (26.56%)$4,2281,693 (58.89%)$6,823
*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, 652 (99.44 % of students) received grants or scholarships and its average amount is $20,619. It can cover 61.40% of tuition & fees ($33,580).

In addition, 465 (71.78 % of students) students get helped from the students loans (average amount : $6,814).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14478 (95%)$18,799478 (95%)$5,288
2014-15644 (100%)$17,971611 (95%)$4,560
2015-16661 (100%)$18,440624 (94%)$4,742
2016-17668 (100%)$18,277433 (65%)$7,323
2017-18676 (100%)$19,940436 (64%)$7,390
2018-19639 (100%)$21,315399 (62%)$8,358
2019-20639 (100%)$22,909366 (57%)$8,277
2020-21695 (100%)$23,514394 (57%)$7,985
2021-22771 (100%)$24,409445 (57%)$7,399
Average652 (99.44%)$20,619465 (71.78%)$6,814
*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, 162 (24.78 % of students) received Pell (federal) grants and its average amount is $4,376.

In addition, 486 students received State/local government grants/scholarships (73.89 % 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
2013-14145 (29%)$3,85654 (11%)$2,006361 (72%)$7,511478 (95%)$11,729
2014-15172 (27%)$4,16675 (12%)$1,441477 (74%)$7,133642 (99%)$11,443
2015-16178 (27%)$3,95694 (14%)$1,577475 (72%)$6,904661 (100%)$12,189
2016-17176 (26%)$4,458124 (19%)$1,591469 (70%)$6,972665 (100%)$11,966
2017-18177 (26%)$4,37768 (10%)$854519 (76%)$7,077674 (99%)$13,314
2018-19156 (24%)$4,47940 (6%)$963476 (74%)$7,137638 (100%)$14,868
2019-20143 (22%)$4,60742 (7%)$976500 (78%)$7,858638 (100%)$15,689
2020-21146 (21%)$4,52437 (5%)$1,044521 (75%)$7,739694 (100%)$16,730
2021-22165 (21%)$4,96053 (7%)$1,218573 (74%)$8,267767 (99%)$17,209
Average162 (24.78%)$4,37665 (10.11%)$1,297486 (73.89%)$7,400651 (99.11%)$13,904
*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, 465 (71.78 % of students) get any students loan help and its average loan amount is $465.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14478 (95%)$5,288444 (88%)$5,22339 (8%)$5,355
2014-15611 (95%)$4,560611 (95%)$3,92055 (9%)$7,110
2015-16624 (94%)$4,742623 (94%)$3,59790 (14%)$7,981
2016-17433 (65%)$7,323418 (63%)$5,84283 (12%)$8,780
2017-18436 (64%)$7,390418 (62%)$5,429108 (16%)$8,819
2018-19399 (62%)$8,358386 (60%)$5,417124 (19%)$10,032
2019-20366 (57%)$8,277350 (55%)$5,466108 (17%)$10,336
2020-21394 (57%)$7,985378 (54%)$5,391111 (16%)$9,984
2021-22445 (57%)$7,399436 (56%)$5,35980 (10%)$11,950
Average465 (71.78%)$6,814452 (69.67%)$5,07289 (13.44%)$8,927

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