Scholarships, Grants, and Loan Trends at Appalachian State

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 8,023, which is 46.33 % of all undergraduate students. 7,743 students which is 44.56% of undergraduate students received federal student loans and the average loan amount is $6,160.

For full-time, first-time beginning students (freshmen), 42.11% of students received grants or scholarships and 48% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Appalachian State University since 2014.

For that period, the average number of students who received grants aid/scholarships is 8,023, which is 46.33 % of all undergraduate students. 7,743 students which is 44.56% of undergraduate students received federal student loans and the average loan amount is $6,160.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-157,360 (45%)$7,3134,538 (28%)$4,0147,718 (47%)$6,450
2015-167,425 (46%)$7,6054,676 (29%)$4,0987,687 (47%)$6,182
2016-177,727 (47%)$7,5924,722 (28%)$4,1227,996 (48%)$6,228
2017-187,979 (47%)$7,9025,068 (30%)$4,5068,230 (48%)$6,173
2018-198,103 (47%)$8,1145,110 (29%)$4,6658,236 (47%)$6,103
2019-208,343 (48%)$8,1305,032 (29%)$4,8467,941 (45%)$6,124
2020-218,720 (48%)$8,1845,115 (28%)$4,8997,663 (42%)$5,988
2021-228,382 (45%)$8,3835,025 (27%)$4,9097,244 (39%)$6,014
2022-238,170 (44%)$8,7434,769 (26%)$5,2946,971 (38%)$6,175
Average8,023 (46.33%)$7,9964,895 (28.22%)$4,5957,743 (44.56%)$6,160
*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, 1,484 (42.11 % of students) received grants or scholarships and its average amount is $8,352. It can cover 33.13% of tuition & fees ($25,212) based on out-of-state rate.

In addition, 1,649 (47.56 % of students) students get helped from the students loans (average amount : $6,417).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,139 (38%)$8,1801,510 (50%)$5,770
2015-161,180 (39%)$8,4481,483 (49%)$5,618
2016-171,200 (38%)$8,3121,529 (49%)$5,620
2017-181,271 (38%)$9,1621,673 (51%)$5,519
2018-191,332 (39%)$9,0331,729 (50%)$6,251
2019-201,366 (39%)$9,2611,659 (47%)$6,820
2020-212,092 (54%)$7,6521,799 (46%)$6,810
2021-221,929 (47%)$7,4431,732 (42%)$7,207
2022-231,847 (47%)$7,6771,725 (44%)$8,140
Average1,484 (42.11%)$8,3521,649 (47.56%)$6,417
*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, 915 (26.33 % of students) received Pell (federal) grants and its average amount is $4,656.

In addition, 957 students received State/local government grants/scholarships (27.56 % 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
2014-15747 (25%)$4,03160 (2%)$749804 (27%)$3,0231,043 (34%)$3,672
2015-16815 (27%)$4,28172 (2%)$548871 (29%)$3,1911,091 (36%)$3,356
2016-17849 (27%)$4,190105 (3%)$556875 (28%)$3,1311,102 (35%)$3,284
2017-18873 (26%)$4,520169 (5%)$517899 (27%)$3,0531,161 (35%)$4,192
2018-19937 (27%)$4,628151 (4%)$555963 (28%)$3,0931,224 (36%)$3,786
2019-20982 (28%)$4,933186 (5%)$5491,009 (29%)$3,2541,266 (36%)$3,492
2020-211,095 (28%)$5,116445 (11%)$3661,186 (30%)$3,1571,970 (51%)$3,299
2021-221,012 (25%)$4,924263 (6%)$5811,080 (26%)$3,2111,808 (44%)$3,182
2022-23929 (24%)$5,280102 (3%)$647927 (24%)$3,2411,758 (45%)$3,529
Average915 (26.33%)$4,656173 (4.56%)$563957 (27.56%)$3,1501,380 (39.11%)$3,532
*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, 1,649 (47.56 % of students) get any students loan help and its average loan amount is $1,649.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,510 (50%)$5,7701,488 (49%)$5,24985 (3%)$10,621
2015-161,483 (49%)$5,6181,457 (48%)$5,08180 (3%)$11,608
2016-171,529 (49%)$5,6201,506 (48%)$5,11084 (3%)$10,681
2017-181,673 (51%)$5,5191,650 (50%)$5,13672 (2%)$10,545
2018-191,729 (50%)$6,2511,698 (49%)$5,074205 (6%)$10,696
2019-201,659 (47%)$6,8201,619 (46%)$5,078259 (7%)$11,945
2020-211,799 (46%)$6,8101,736 (45%)$5,054283 (7%)$12,285
2021-221,732 (42%)$7,2071,670 (41%)$5,046305 (7%)$13,293
2022-231,725 (44%)$8,1401,645 (42%)$5,160355 (9%)$15,642
Average1,649 (47.56%)$6,4171,608 (46.44%)$5,110192 (5.22%)$11,924

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