Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,901, which is 70.56 % of all undergraduate students. 2,177 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $6,881.

For full-time, first-time beginning students (freshmen), 74.22% of students received grants or scholarships and 55% 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 Providence College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,901, which is 70.56 % of all undergraduate students. 2,177 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $6,881.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,914 (70%)$23,963526 (13%)$4,3242,300 (56%)$7,071
2014-152,837 (71%)$24,259537 (13%)$4,3392,085 (52%)$7,189
2015-162,901 (72%)$24,512614 (15%)$4,2772,204 (55%)$7,181
2016-172,867 (71%)$26,073571 (14%)$4,2602,235 (55%)$7,174
2017-182,867 (70%)$27,336573 (14%)$4,5772,155 (53%)$7,050
2018-192,737 (66%)$29,641567 (14%)$4,7382,108 (51%)$6,542
2019-202,898 (71%)$29,938586 (14%)$4,7392,172 (53%)$6,573
2020-213,002 (70%)$30,636626 (15%)$4,8142,114 (49%)$6,606
2021-223,084 (74%)$32,002576 (14%)$4,9082,221 (53%)$6,546
Average2,901 (70.56%)$27,596575 (14.00%)$4,5532,177 (53.00%)$6,881
*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, 777 (74.22 % of students) received grants or scholarships and its average amount is $27,927. It can cover 45.90% of tuition & fees ($60,848).

In addition, 580 (55.33 % of students) students get helped from the students loans (average amount : $10,480).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14808 (79%)$23,668637 (62%)$9,989
2014-15782 (76%)$24,063539 (52%)$10,240
2015-16722 (70%)$24,941551 (53%)$11,447
2016-17727 (69%)$26,359598 (57%)$11,680
2017-18773 (73%)$26,945567 (53%)$10,710
2018-19745 (66%)$31,298611 (55%)$10,982
2019-20778 (71%)$32,100585 (54%)$10,119
2020-21825 (83%)$30,997524 (53%)$9,903
2021-22831 (81%)$30,971607 (59%)$9,247
Average777 (74.22%)$27,927580 (55.33%)$10,480
*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, 154 (14.56 % of students) received Pell (federal) grants and its average amount is $4,600.

In addition, 46 students received State/local government grants/scholarships (4.44 % 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
2013-14157 (15%)$4,23437 (4%)$4,000116 (11%)$720806 (78%)$22,615
2014-15139 (13%)$4,42457 (6%)$3,877100 (10%)$596781 (76%)$22,947
2015-16144 (14%)$4,58570 (7%)$3,88653 (5%)$888718 (70%)$23,717
2016-17142 (13%)$4,39257 (5%)$3,93031 (3%)$3,418724 (69%)$25,151
2017-18148 (14%)$4,77853 (5%)$3,96224 (2%)$2,973770 (72%)$25,766
2018-19185 (17%)$4,63353 (5%)$4,00031 (3%)$3,145743 (66%)$29,812
2019-20166 (15%)$4,661311 (29%)$1,58343 (4%)$3,207755 (69%)$31,218
2020-21165 (17%)$4,762380 (38%)$8486 (1%)$2,425822 (83%)$29,744
2021-22138 (13%)$4,929409 (40%)$2,75914 (1%)$3,143831 (81%)$28,742
Average154 (14.56%)$4,600159 (15.44%)$3,20546 (4.44%)$2,279772 (73.78%)$26,635
*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, 580 (55.33 % of students) get any students loan help and its average loan amount is $580.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14637 (62%)$9,989629 (61%)$6,677108 (11%)$20,032
2014-15539 (52%)$10,240529 (51%)$6,71086 (8%)$22,905
2015-16551 (53%)$11,447541 (52%)$7,298113 (11%)$20,881
2016-17598 (57%)$11,680593 (56%)$6,586137 (13%)$22,475
2017-18567 (53%)$10,710560 (53%)$5,412124 (12%)$24,530
2018-19611 (55%)$10,982599 (53%)$5,408147 (13%)$23,610
2019-20585 (54%)$10,119579 (53%)$5,336122 (11%)$23,199
2020-21524 (53%)$9,903516 (52%)$5,377100 (10%)$24,146
2021-22607 (59%)$9,247593 (57%)$5,30199 (10%)$24,949
Average580 (55.33%)$10,480571 (54.22%)$6,012115 (11.00%)$22,970

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