Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 11,927, which is 56.78 % of all undergraduate students. 9,411 students which is 45.11% of undergraduate students received federal student loans and the average loan amount is $6,894.

For full-time, first-time beginning students (freshmen), 69.22% of students received grants or scholarships and 51% 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 University at Buffalo since 2013.

For that period, the average number of students who received grants aid/scholarships is 11,927, which is 56.78 % of all undergraduate students. 9,411 students which is 45.11% of undergraduate students received federal student loans and the average loan amount is $6,894.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1410,641 (53%)$7,3175,959 (30%)$4,4619,432 (47%)$7,555
2014-1510,815 (55%)$7,6736,119 (31%)$4,5599,351 (47%)$7,718
2015-1610,889 (55%)$7,8986,366 (32%)$4,6199,502 (48%)$7,756
2016-1711,171 (55%)$7,9496,388 (31%)$4,6409,642 (47%)$7,963
2017-1812,075 (57%)$8,5496,831 (32%)$4,8869,789 (47%)$6,295
2018-1912,613 (58%)$8,7147,177 (33%)$4,96710,121 (47%)$6,263
2019-2013,162 (60%)$8,8587,171 (33%)$5,0599,602 (44%)$6,221
2020-2113,049 (58%)$8,8167,075 (32%)$5,1088,743 (39%)$6,148
2021-2212,932 (60%)$9,0206,886 (32%)$5,1938,517 (40%)$6,124
Average11,927 (56.78%)$8,3106,664 (31.78%)$4,8329,411 (45.11%)$6,894
*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, 2,810 (69.22 % of students) received grants or scholarships and its average amount is $8,452. It can cover 27.65% of tuition & fees ($30,572) based on out-of-state rate.

In addition, 2,071 (51.44 % of students) students get helped from the students loans (average amount : $8,205).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,330 (64%)$7,9251,962 (54%)$8,514
2014-152,111 (60%)$8,3631,775 (51%)$8,842
2015-162,334 (63%)$8,5771,917 (52%)$9,259
2016-172,751 (67%)$8,1982,182 (53%)$9,592
2017-182,874 (69%)$8,7742,236 (54%)$7,597
2018-193,053 (72%)$8,8592,268 (53%)$7,419
2019-203,562 (83%)$8,0382,191 (51%)$7,579
2020-213,121 (71%)$8,8102,042 (47%)$7,207
2021-223,158 (74%)$8,5212,067 (48%)$7,839
Average2,810 (69.22%)$8,4522,071 (51.44%)$8,205
*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, 1,372 (34.00 % of students) received Pell (federal) grants and its average amount is $5,125.

In addition, 1,942 students received State/local government grants/scholarships (48.11 % 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
2013-141,217 (33%)$4,985543 (15%)$4701,636 (45%)$2,9722,232 (61%)$3,262
2014-151,085 (31%)$4,962477 (14%)$4131,500 (43%)$3,5572,013 (57%)$3,346
2015-161,261 (34%)$4,947620 (17%)$3691,721 (47%)$3,6972,218 (60%)$3,241
2016-171,337 (33%)$5,037719 (18%)$3481,831 (45%)$3,7392,643 (65%)$3,301
2017-181,481 (36%)$5,076851 (20%)$3102,071 (50%)$4,0162,730 (65%)$3,340
2018-191,536 (36%)$5,145827 (19%)$3672,196 (52%)$4,1622,921 (69%)$3,321
2019-201,443 (34%)$5,283800 (19%)$3692,240 (52%)$4,3013,039 (71%)$3,645
2020-211,480 (34%)$5,516990 (23%)$5912,087 (48%)$4,2842,870 (65%)$3,417
2021-221,504 (35%)$5,1741,117 (26%)$4162,195 (51%)$4,6872,883 (67%)$2,905
Average1,372 (34.00%)$5,125772 (19.00%)$4061,942 (48.11%)$3,9352,617 (64.44%)$3,309
*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, 2,071 (51.44 % of students) get any students loan help and its average loan amount is $2,071.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,962 (54%)$8,5141,945 (53%)$7,143246 (7%)$11,429
2014-151,775 (51%)$8,8421,754 (50%)$7,256256 (7%)$11,593
2015-161,917 (52%)$9,2591,917 (52%)$7,387316 (9%)$11,351
2016-172,182 (53%)$9,5922,149 (53%)$7,785344 (8%)$12,213
2017-182,236 (54%)$7,5972,206 (53%)$5,439404 (10%)$12,345
2018-192,268 (53%)$7,4192,242 (53%)$5,188409 (10%)$12,700
2019-202,191 (51%)$7,5792,135 (50%)$5,139435 (10%)$12,953
2020-212,042 (47%)$7,2071,995 (45%)$5,071331 (8%)$13,892
2021-222,067 (48%)$7,8392,041 (48%)$5,070392 (9%)$14,937
Average2,071 (51.44%)$8,2052,043 (50.78%)$6,164348 (8.67%)$12,601

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