Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 14,678, which is 69.11 % of all undergraduate students. 12,447 students which is 58.44% of undergraduate students received federal student loans and the average loan amount is $6,692.

For full-time, first-time beginning students (freshmen), 74.89% of students received grants or scholarships and 59% 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 Grand Valley State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 14,678, which is 69.11 % of all undergraduate students. 12,447 students which is 58.44% of undergraduate students received federal student loans and the average loan amount is $6,692.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1413,887 (65%)$5,0917,691 (36%)$3,85013,426 (63%)$6,963
2014-1514,001 (65%)$5,2377,504 (35%)$3,88913,652 (63%)$6,883
2015-1614,293 (65%)$5,2807,347 (33%)$3,91313,568 (62%)$6,816
2016-1714,282 (64%)$5,4886,897 (31%)$3,94413,513 (61%)$6,668
2017-1814,444 (66%)$5,9426,926 (32%)$4,27813,274 (61%)$6,649
2018-1914,187 (65%)$6,4546,585 (30%)$4,38512,552 (58%)$6,666
2019-2015,501 (73%)$6,7176,072 (29%)$4,40111,961 (57%)$6,589
2020-2115,130 (74%)$6,9415,264 (26%)$4,61710,549 (52%)$6,510
2021-2216,377 (85%)$7,9214,878 (25%)$4,7029,529 (49%)$6,488
Average14,678 (69.11%)$6,1196,574 (30.78%)$4,22012,447 (58.44%)$6,692
*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, 3,052 (74.89 % of students) received grants or scholarships and its average amount is $7,115. It can cover 33.63% of tuition & fees ($21,154) based on out-of-state rate.

In addition, 2,419 (59.11 % of students) students get helped from the students loans (average amount : $6,547).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,911 (72%)$5,8302,617 (64%)$6,526
2014-152,941 (70%)$6,0712,707 (65%)$6,407
2015-162,840 (69%)$5,9652,560 (63%)$6,508
2016-172,977 (69%)$6,3742,718 (63%)$6,284
2017-182,872 (70%)$6,7342,525 (62%)$6,584
2018-193,082 (72%)$7,9302,408 (56%)$6,729
2019-203,323 (79%)$7,9442,389 (57%)$6,701
2020-212,988 (80%)$8,3761,925 (51%)$6,613
2021-223,534 (93%)$8,8111,919 (51%)$6,572
Average3,052 (74.89%)$7,1152,419 (59.11%)$6,547
*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, 1,147 (28.22 % of students) received Pell (federal) grants and its average amount is $4,390.

In addition, 527 students received State/local government grants/scholarships (13.00 % 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
2013-141,297 (32%)$4,111848 (21%)$369883 (22%)$6102,835 (70%)$3,806
2014-151,260 (30%)$4,228510 (12%)$483741 (18%)$6542,861 (68%)$4,123
2015-161,210 (30%)$4,201455 (11%)$940562 (14%)$6202,784 (68%)$3,981
2016-171,225 (29%)$4,233441 (10%)$1,164851 (20%)$6222,894 (68%)$4,404
2017-181,183 (29%)$4,345484 (12%)$769389 (10%)$9692,845 (70%)$4,727
2018-191,152 (27%)$4,439439 (10%)$1,146414 (10%)$1,0153,054 (71%)$6,027
2019-201,060 (25%)$4,4951,402 (33%)$1,195381 (9%)$1,0603,102 (74%)$6,304
2020-21926 (25%)$4,6171,199 (32%)$706306 (8%)$1,0182,959 (79%)$6,622
2021-221,008 (27%)$4,8382,841 (75%)$1,935216 (6%)$1,0683,240 (86%)$6,337
Average1,147 (28.22%)$4,390958 (24.00%)$967527 (13.00%)$8482,953 (72.67%)$5,148
*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, 2,419 (59.11 % of students) get any students loan help and its average loan amount is $2,419.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-142,617 (64%)$6,5262,581 (64%)$5,871182 (4%)$10,586
2014-152,707 (65%)$6,4072,672 (64%)$5,775183 (4%)$10,450
2015-162,560 (63%)$6,5082,520 (62%)$5,733205 (5%)$10,792
2016-172,718 (63%)$6,2842,645 (62%)$5,620207 (5%)$10,700
2017-182,525 (62%)$6,5842,505 (61%)$5,608216 (5%)$11,930
2018-192,408 (56%)$6,7292,374 (55%)$5,391291 (7%)$11,705
2019-202,389 (57%)$6,7012,358 (56%)$5,317293 (7%)$11,845
2020-211,925 (51%)$6,6131,881 (50%)$5,161232 (6%)$13,024
2021-221,919 (51%)$6,5721,876 (50%)$5,201213 (6%)$13,406
Average2,419 (59.11%)$6,5472,379 (58.22%)$5,520225 (5.44%)$11,604

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