Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,466, which is 44.56 % of all undergraduate students. 1,530 students which is 15.22% of undergraduate students received federal student loans and the average loan amount is $7,529.

For full-time, first-time beginning students (freshmen), 49.11% of students received grants or scholarships and 19% 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 Embry-Riddle Aeronautical University-Worldwide since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,466, which is 44.56 % of all undergraduate students. 1,530 students which is 15.22% of undergraduate students received federal student loans and the average loan amount is $7,529.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,511 (34%)$2,0932,182 (21%)$2,8911,531 (15%)$8,109
2014-157,758 (80%)$9002,818 (29%)$1,7182,666 (27%)$5,716
2015-165,573 (57%)$1,6732,531 (26%)$3,1241,469 (15%)$7,987
2016-173,242 (32%)$2,4692,543 (25%)$2,8751,481 (15%)$7,488
2017-184,105 (39%)$3,9812,664 (25%)$4,4001,421 (14%)$10,679
2018-194,051 (39%)$2,5432,854 (27%)$3,1961,416 (14%)$7,281
2019-204,559 (44%)$2,3922,760 (27%)$3,2721,652 (16%)$5,764
2020-213,267 (32%)$2,9702,469 (24%)$3,2861,153 (11%)$7,456
2021-224,124 (44%)$2,5152,334 (25%)$3,172979 (10%)$7,279
Average4,466 (44.56%)$2,3932,573 (25.44%)$3,1041,530 (15.22%)$7,529
*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, 48 (49.11 % of students) received grants or scholarships and its average amount is $3,702. It can cover 31.74% of tuition & fees ($11,665).

In addition, 17 (18.89 % of students) students get helped from the students loans (average amount : $7,052).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1435 (47%)$3,58213 (18%)$7,995
2014-1543 (57%)$3,57013 (17%)$7,520
2015-1630 (42%)$3,41422 (31%)$7,891
2016-1727 (39%)$3,03417 (24%)$6,905
2017-1848 (56%)$4,02221 (24%)$7,710
2018-1950 (46%)$2,96418 (17%)$5,557
2019-2068 (67%)$4,18416 (16%)$6,352
2020-2167 (36%)$4,77121 (11%)$6,470
2021-2264 (52%)$3,77615 (12%)$7,067
Average48 (49.11%)$3,70217 (18.89%)$7,052
*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, 30 (32.00 % of students) received Pell (federal) grants and its average amount is $4,288.

In addition, 4 students received State/local government grants/scholarships (3.75 % 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
2013-1427 (36%)$4,395--2 (3%)$2,51310 (14%)$170
2014-1526 (35%)$4,484--5 (7%)$3,39226 (35%)$768
2015-1623 (32%)$4,234----15 (21%)$337
2016-1721 (30%)$3,456--3 (4%)$2,8806 (9%)$117
2017-1832 (37%)$4,497--3 (3%)$2,86627 (31%)$1,502
2018-1937 (34%)$3,541--2 (2%)$4,31415 (14%)$570
2019-2039 (39%)$4,931--4 (4%)$3,72142 (42%)$1,841
2020-2142 (23%)$4,30318 (10%)$4068 (4%)$4,93145 (24%)$2,048
2021-2227 (22%)$4,750--4 (3%)$3,93253 (43%)$1,844
Average30 (32.00%)$4,28818 (10.00%)$4064 (3.75%)$3,56927 (25.89%)$1,022
*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, 17 (18.89 % of students) get any students loan help and its average loan amount is $17.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (18%)$7,99513 (18%)$7,995--
2014-1513 (17%)$7,52013 (17%)$7,520--
2015-1622 (31%)$7,89122 (31%)$7,891--
2016-1717 (24%)$6,90517 (24%)$6,4792 (3%)$3,625
2017-1821 (24%)$7,71021 (24%)$7,710--
2018-1918 (17%)$5,55718 (17%)$5,1681 (1%)$7,000
2019-2016 (16%)$6,35216 (16%)$6,352--
2020-2121 (11%)$6,47021 (11%)$5,7561 (1%)$15,000
2021-2215 (12%)$7,06715 (12%)$5,1722 (2%)$14,213
Average17 (18.89%)$7,05217 (18.89%)$6,6712 (1.75%)$9,960

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