All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Alvernia University since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,923, which is 85.82 % of all undergraduate students. 1,752 students which is 78.18% of undergraduate students received federal student loans and the average loan amount is $8,469.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,976 (84%)$10,095815 (34%)$3,7391,460 (62%)$9,010
2012-131,983 (84%)$10,624812 (35%)$3,9461,439 (61%)$9,458
2013-142,024 (85%)$11,820829 (35%)$4,0311,885 (80%)$7,403
2014-152,116 (87%)$11,908972 (40%)$3,9892,014 (82%)$7,482
2015-162,066 (95%)$12,796884 (41%)$3,9991,943 (89%)$6,997
2016-171,966 (85%)$13,953846 (36%)$3,7821,865 (80%)$10,115
2017-181,897 (84%)$15,096830 (37%)$4,0571,784 (79%)$9,834
2018-191,887 (86%)$16,549861 (39%)$5,1841,803 (82%)$10,218
2019-201,817 (86%)$18,202733 (35%)$4,6331,742 (82%)$10,302
2020-211,739 (85%)$20,131722 (35%)$4,3621,685 (82%)$6,213
2021-221,684 (83%)$24,174645 (32%)$4,5531,647 (81%)$6,131
Average1,923 (85.82%)$15,032814 (36.27%)$4,2071,752 (78.18%)$8,469

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 392 (98.73 % of students) received grants or scholarships and its average amount is $19,114. It can cover 44.65% of tuition & fees ($42,810).
In addition, 370 (93.36 % of students) students get helped from the students loans (average amount : $9,089).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12370 (98%)$12,929367 (98%)$8,446
2012-13411 (100%)$13,706374 (91%)$9,899
2013-14383 (98%)$13,733341 (88%)$9,350
2014-15374 (99%)$17,641341 (91%)$9,817
2015-16390 (97%)$18,903333 (83%)$10,005
2016-17345 (100%)$18,030327 (95%)$9,137
2017-18369 (99%)$19,687361 (97%)$8,314
2018-19433 (100%)$20,992425 (98%)$8,710
2019-20399 (100%)$22,811387 (97%)$9,695
2020-21439 (95%)$26,065431 (94%)$8,527
2021-22401 (100%)$25,757380 (95%)$8,074
Average392 (98.73%)$19,114370 (93.36%)$9,089
*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, 145 (36.64 % of students) received Pell (federal) grants and its average amount is $4,265.
In addition, 182 students received State/local government grants/scholarships (45.91 % 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
2011-12127 (34%)$3,84754 (14%)$556174 (46%)$2,831370 (98%)$10,196
2012-13148 (36%)$4,08349 (12%)$648210 (51%)$3,025411 (100%)$10,613
2013-14123 (32%)$4,03041 (11%)$549185 (48%)$3,237379 (97%)$10,931
2014-15157 (42%)$4,17764 (17%)$465206 (55%)$2,852372 (99%)$14,314
2015-16133 (33%)$4,23846 (11%)$538187 (47%)$3,263390 (97%)$15,830
2016-17109 (32%)$3,77740 (12%)$750156 (45%)$3,368345 (100%)$15,227
2017-18143 (39%)$4,44772 (19%)$743163 (44%)$3,109369 (99%)$16,445
2018-19176 (41%)$4,76391 (21%)$835197 (45%)$2,936433 (100%)$17,544
2019-20155 (39%)$4,505300 (75%)$2,356160 (40%)$2,999399 (100%)$18,088
2020-21187 (41%)$4,374196 (43%)$411227 (49%)$3,580439 (95%)$22,167
2021-22135 (34%)$4,679142 (35%)$4,271140 (35%)$3,395399 (100%)$21,592
Average145 (36.64%)$4,265100 (24.55%)$1,102182 (45.91%)$3,145391 (98.64%)$15,722
*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, 370 (93.36 % of students) get any students loan help and its average loan amount is $370.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12367 (98%)$8,446367 (98%)$5,04491 (24%)$13,720
2012-13374 (91%)$9,899374 (91%)$5,736104 (25%)$14,973
2013-14341 (88%)$9,350341 (88%)$5,46590 (23%)$14,722
2014-15341 (91%)$9,817341 (91%)$5,80892 (24%)$14,857
2015-16333 (83%)$10,005333 (83%)$5,462100 (25%)$15,129
2016-17327 (95%)$9,137326 (94%)$4,98584 (24%)$16,222
2017-18361 (97%)$8,314361 (97%)$4,57383 (22%)$16,274
2018-19425 (98%)$8,710424 (98%)$4,98894 (22%)$16,881
2019-20387 (97%)$9,695387 (97%)$4,629107 (27%)$18,320
2020-21431 (94%)$8,527431 (94%)$4,65292 (20%)$18,154
2021-22380 (95%)$8,074380 (95%)$4,53678 (19%)$17,236
Average370 (93.36%)$9,089370 (93.27%)$5,08092 (23.18%)$16,044
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