Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,490, which is 93.11 % of all undergraduate students. 1,269 students which is 78.78% of undergraduate students received federal student loans and the average loan amount is $8,179.

For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 84% 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 Franklin Pierce University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,490, which is 93.11 % of all undergraduate students. 1,269 students which is 78.78% of undergraduate students received federal student loans and the average loan amount is $8,179.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,413 (85%)$16,520535 (32%)$3,5821,484 (89%)$10,626
2014-151,515 (89%)$18,129472 (28%)$3,9131,304 (77%)$7,239
2015-161,467 (88%)$19,106472 (28%)$3,9221,257 (75%)$7,143
2016-171,598 (91%)$20,857528 (30%)$3,9961,402 (80%)$6,748
2017-181,713 (100%)$22,670534 (31%)$4,1861,376 (80%)$11,349
2018-191,529 (94%)$23,349511 (31%)$4,3211,312 (80%)$11,493
2019-201,536 (96%)$26,110472 (30%)$4,3411,260 (79%)$6,359
2020-211,358 (95%)$29,021389 (27%)$4,4811,080 (75%)$6,172
2021-221,279 (100%)$28,784332 (26%)$4,493948 (74%)$6,481
Average1,490 (93.11%)$22,727472 (29.22%)$4,1371,269 (78.78%)$8,179
*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, 442 (99.56 % of students) received grants or scholarships and its average amount is $24,673. It can cover 54.87% of tuition & fees ($44,963).

In addition, 374 (84.00 % of students) students get helped from the students loans (average amount : $10,313).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14450 (100%)$19,437450 (100%)$8,410
2014-15473 (97%)$18,815387 (79%)$8,795
2015-16421 (99%)$20,035339 (80%)$9,652
2016-17635 (100%)$23,377545 (86%)$8,890
2017-18462 (100%)$22,340392 (85%)$14,300
2018-19457 (100%)$25,869388 (85%)$14,626
2019-20416 (100%)$29,379347 (83%)$9,517
2020-21389 (100%)$30,752303 (78%)$9,358
2021-22271 (100%)$32,056217 (80%)$9,272
Average442 (99.56%)$24,673374 (84.00%)$10,313
*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, 146 (32.56 % of students) received Pell (federal) grants and its average amount is $4,229.

In addition, 35 students received State/local government grants/scholarships (8.00 % 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
2013-14167 (37%)$3,45047 (10%)$93682 (18%)$828450 (100%)$17,908
2014-15148 (30%)$4,07971 (15%)$1,40230 (6%)$1,199447 (91%)$18,256
2015-16144 (34%)$4,24284 (20%)$85913 (3%)$3,668421 (99%)$18,299
2016-17221 (35%)$4,148116 (18%)$38727 (4%)$3,519635 (100%)$21,713
2017-18151 (33%)$4,32929 (6%)$89719 (4%)$5,333457 (99%)$20,876
2018-19156 (34%)$4,41953 (12%)$2,30437 (8%)$3,074455 (99%)$23,949
2019-20137 (33%)$4,35961 (15%)$1,50635 (8%)$2,748416 (100%)$27,492
2020-21112 (29%)$4,67754 (14%)$1,80339 (10%)$1,926377 (97%)$29,884
2021-2277 (28%)$4,35641 (15%)$2,25329 (11%)$1,551271 (100%)$30,311
Average146 (32.56%)$4,22962 (13.89%)$1,37235 (8.00%)$2,650437 (98.33%)$23,188
*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, 374 (84.00 % of students) get any students loan help and its average loan amount is $374.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14450 (100%)$8,410450 (100%)$6,24770 (16%)$13,906
2014-15387 (79%)$8,795384 (79%)$6,45368 (14%)$13,619
2015-16339 (80%)$9,652339 (80%)$6,37271 (17%)$15,661
2016-17545 (86%)$8,890544 (86%)$6,232108 (17%)$13,470
2017-18392 (85%)$14,300392 (85%)$10,93786 (19%)$15,332
2018-19388 (85%)$14,626387 (84%)$10,269110 (24%)$15,462
2019-20347 (83%)$9,517342 (82%)$5,24592 (22%)$16,396
2020-21303 (78%)$9,358302 (78%)$5,17183 (21%)$15,349
2021-22217 (80%)$9,272214 (79%)$5,17257 (21%)$15,879
Average374 (84.00%)$10,313373 (83.67%)$6,90083 (19.00%)$15,008

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