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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Herzing University-Akron since 2011.
For that period, the average number of students who received grants aid/scholarships is 418, which is 93.36 % of all undergraduate students. 388 students which is 87.82% of undergraduate students received federal student loans and the average loan amount is $7,871.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12597 (97%)$3,660537 (88%)$3,687390 (64%)$4,806
2012-13387 (91%)$4,170351 (83%)$3,831374 (88%)$5,612
2013-14273 (92%)$4,382246 (83%)$3,857261 (88%)$6,495
2014-15299 (95%)$4,506286 (91%)$3,895296 (94%)$8,723
2015-16409 (96%)$5,969380 (89%)$4,305396 (93%)$8,750
2016-17455 (95%)$6,517410 (86%)$4,346443 (93%)$8,995
2017-18463 (94%)$7,094402 (82%)$4,763446 (90%)$8,755
2018-19431 (95%)$7,603390 (86%)$4,859413 (91%)$9,269
2019-20459 (92%)$7,518415 (84%)$4,824448 (90%)$8,973
2020-21448 (89%)$6,881396 (79%)$4,702453 (90%)$8,550
2021-22374 (91%)$7,059322 (79%)$4,473348 (85%)$7,650
Average418 (93.36%)$5,942376 (84.55%)$4,322388 (87.82%)$7,871

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 49 (95.45 % of students) received grants or scholarships and its average amount is $5,457. It can cover 40.66% of tuition & fees ($13,420).
In addition, 45 (89.82 % of students) students get helped from the students loans (average amount : $8,013).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1294 (97%)$3,78159 (61%)$6,705
2012-1353 (93%)$3,41852 (91%)$6,160
2013-1429 (94%)$3,44927 (87%)$7,564
2014-1539 (100%)$3,35837 (95%)$6,702
2015-1651 (98%)$5,74648 (92%)$7,570
2016-1747 (92%)$5,94851 (100%)$8,480
2017-1832 (97%)$6,53430 (91%)$8,253
2018-1937 (100%)$6,83237 (100%)$8,873
2019-2055 (89%)$7,46658 (94%)$9,465
2020-2158 (94%)$6,29259 (95%)$9,131
2021-2247 (96%)$7,20140 (82%)$9,242
Average49 (95.45%)$5,45745 (89.82%)$8,013
*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 12 years, on average, 48 (91.82 % of students) received Pell (federal) grants and its average amount is $4,115.
In addition, 23 students received State/local government grants/scholarships (48.50 % 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
2011-1291 (94%)$3,882----4 (4%)$559
2012-1351 (89%)$3,254--19 (33%)$3975 (9%)$1,539
2013-1426 (84%)$3,187--9 (29%)$5905 (16%)$2,369
2014-1539 (100%)$3,052--13 (33%)$5512 (5%)$2,392
2015-1650 (96%)$4,19142 (81%)$10634 (65%)$1,99314 (27%)$809
2016-1747 (92%)$4,24738 (75%)$12335 (69%)$2,0506 (12%)$587
2017-1830 (91%)$4,73629 (88%)$25618 (55%)$2,3706 (18%)$2,822
2018-1935 (95%)$4,77733 (89%)$73621 (57%)$2,3935 (14%)$2,207
2019-2055 (89%)$4,77944 (71%)$41534 (55%)$3,02712 (19%)$2,216
2020-2157 (92%)$4,62146 (74%)$37327 (44%)$2,5536 (10%)$2,580
2021-2243 (88%)$4,54432 (65%)$60322 (45%)$3,25337 (76%)$1,410
Average48 (91.82%)$4,11538 (77.57%)$37323 (48.50%)$1,9189 (19.09%)$1,772
*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 12 years, on average, 45 (89.82 % of students) get any students loan help and its average loan amount is $45.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1259 (61%)$6,70559 (61%)$6,705--
2012-1352 (91%)$6,16052 (91%)$5,9881 (2%)$8,974
2013-1427 (87%)$7,56427 (87%)$7,0891 (3%)$12,829
2014-1537 (95%)$6,70237 (95%)$6,702--
2015-1648 (92%)$7,57048 (92%)$7,570--
2016-1751 (100%)$8,48051 (100%)$8,1651 (2%)$16,025
2017-1830 (91%)$8,25330 (91%)$8,253--
2018-1937 (100%)$8,87337 (100%)$8,5142 (5%)$6,642
2019-2058 (94%)$9,46558 (94%)$7,8599 (15%)$10,350
2020-2159 (95%)$9,13159 (95%)$8,4735 (8%)$7,764
2021-2240 (82%)$9,24240 (82%)$8,2875 (10%)$7,641
Average45 (89.82%)$8,01345 (89.82%)$7,6003 (6.43%)$10,032

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