Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 766, which is 91.67 % of all undergraduate students. 668 students which is 79.00% of undergraduate students received federal student loans and the average loan amount is $6,312.

For full-time, first-time beginning students (freshmen), 94.44% of students received grants or scholarships and 76% 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 Rust College since 2013.

For that period, the average number of students who received grants aid/scholarships is 766, which is 91.67 % of all undergraduate students. 668 students which is 79.00% of undergraduate students received federal student loans and the average loan amount is $6,312.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14888 (96%)$12,440813 (88%)$4,611804 (87%)$6,830
2014-15939 (98%)$12,476861 (89%)$4,482867 (90%)$6,715
2015-16786 (92%)$6,834730 (85%)$4,686730 (85%)$7,036
2016-17854 (85%)$6,364803 (80%)$4,698776 (77%)$6,660
2017-18797 (93%)$6,733746 (87%)$4,757748 (87%)$6,199
2018-19836 (99%)$7,240738 (87%)$4,999718 (85%)$6,378
2019-20704 (96%)$8,122615 (84%)$5,202581 (79%)$5,767
2020-21594 (95%)$8,406522 (84%)$5,391456 (73%)$5,174
2021-22498 (71%)$10,308410 (59%)$5,306333 (48%)$6,052
Average766 (91.67%)$8,769693 (82.56%)$4,904668 (79.00%)$6,312
*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, 212 (94.44 % of students) received grants or scholarships and its average amount is $6,965. It can cover 50.33% of tuition & fees ($13,840).

In addition, 179 (75.67 % of students) students get helped from the students loans (average amount : $5,314).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14265 (99%)$5,489231 (87%)$3,168
2014-15282 (99%)$5,836278 (98%)$5,157
2015-16189 (78%)$6,733173 (71%)$5,627
2016-17280 (92%)$6,745263 (86%)$7,035
2017-18216 (95%)$6,155190 (83%)$5,388
2018-19250 (100%)$6,349208 (83%)$6,086
2019-20188 (96%)$8,056149 (76%)$5,125
2020-21116 (97%)$8,77375 (63%)$4,401
2021-22120 (94%)$8,54943 (34%)$5,841
Average212 (94.44%)$6,965179 (75.67%)$5,314
*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, 192 (83.67 % of students) received Pell (federal) grants and its average amount is $5,076.

In addition, 4 students received State/local government grants/scholarships (2.11 % 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
2013-14248 (93%)$4,510195 (73%)$8024 (1%)$32581 (30%)$2,202
2014-15269 (95%)$4,256269 (95%)$8972 (1%)$350108 (38%)$2,397
2015-16186 (77%)$4,903138 (57%)$9104 (2%)$2,24967 (28%)$3,374
2016-17262 (86%)$5,572280 (92%)$7046 (2%)$36998 (32%)$2,342
2017-18205 (90%)$4,539125 (55%)$8904 (2%)$25085 (37%)$3,372
2018-19227 (90%)$4,841137 (55%)$8184 (2%)$438138 (55%)$2,714
2019-20161 (83%)$5,740144 (74%)$1,5787 (4%)$3,93787 (45%)$3,856
2020-21100 (84%)$5,67482 (69%)$1,0884 (3%)$2,58266 (55%)$5,315
2021-2270 (55%)$5,65088 (69%)$2,0422 (2%)$37563 (49%)$7,142
Average192 (83.67%)$5,076162 (71.00%)$1,0814 (2.11%)$1,20888 (41.00%)$3,635
*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, 179 (75.67 % of students) get any students loan help and its average loan amount is $179.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14231 (87%)$3,168231 (87%)$3,168--
2014-15278 (98%)$5,157278 (98%)$5,157--
2015-16173 (71%)$5,627173 (71%)$5,627--
2016-17263 (86%)$7,035263 (86%)$7,035--
2017-18190 (83%)$5,388190 (83%)$5,388--
2018-19208 (83%)$6,086208 (83%)$6,086--
2019-20149 (76%)$5,125149 (76%)$5,125--
2020-2175 (63%)$4,40175 (63%)$4,401--
2021-2243 (34%)$5,84142 (33%)$5,5281 (1%)$18,950
Average179 (75.67%)$5,314179 (75.56%)$5,2791 (1.00%)$18,950

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