Scholarships, Grants, and Loan Trends at DeVry University-New Jersey

Over the past 11 years (2012-2022), the average number of students who received grants aid/scholarships is 573, which is 77.90 % of all undergraduate students. 592 students which is 73.30% of undergraduate students received federal student loans and the average loan amount is $7,483.
For full-time, first-time beginning students (freshmen), 92.60% of students received grants or scholarships and 80% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at DeVry University-New Jersey since 2012.
For that period, the average number of students who received grants aid/scholarships is 573, which is 77.90 % of all undergraduate students. 592 students which is 73.30% of undergraduate students received federal student loans and the average loan amount is $7,483.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-131,201 (72%)$4,968930 (55%)$2,6711,384 (82%)$8,111
2013-141,020 (70%)$5,239767 (53%)$2,8721,162 (80%)$7,676
2014-151,004 (76%)$5,444714 (54%)$2,9371,049 (80%)$8,031
2015-16787 (76%)$5,474520 (50%)$2,978798 (77%)$7,666
2016-17648 (79%)$5,214373 (46%)$2,898611 (75%)$7,734
2017-18391 (79%)$6,336240 (49%)$3,960348 (71%)$7,447
2018-19273 (81%)$5,403165 (49%)$3,773226 (67%)$7,172
2019-20170 (78%)$6,305110 (50%)$4,007154 (70%)$6,912
2020-21130 (77%)$6,36288 (52%)$4,066108 (64%)$7,316
2021-22106 (91%)$11,79366 (57%)$4,57378 (67%)$6,764
Average573 (77.90%)$6,254397 (51.50%)$3,474592 (73.30%)$7,483

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

For the last 11 years, on average, 40 (92.60 % of students) received grants or scholarships and its average amount is $8,656. It can cover 49.49% of tuition & fees ($17,488).
In addition, 38 (79.80 % of students) students get helped from the students loans (average amount : $6,236).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-1399 (91%)$8,75998 (90%)$7,880
2013-1493 (90%)$8,22891 (88%)$6,791
2014-1594 (92%)$8,89189 (87%)$7,433
2015-1656 (92%)$8,84155 (90%)$7,209
2016-1723 (92%)$7,48220 (80%)$6,665
2017-189 (100%)$8,3858 (89%)$5,203
2018-196 (86%)$4,3155 (71%)$5,841
2019-205 (83%)$10,5106 (100%)$5,220
2020-215 (100%)$8,2223 (60%)$6,833
2021-227 (100%)$12,9233 (43%)$3,288
Average40 (92.60%)$8,65638 (79.80%)$6,236
*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 11 years, on average, 29 (65.20 % of students) received Pell (federal) grants and its average amount is $4,171.
In addition, 18 students received State/local government grants/scholarships (42.70 % 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
2012-1377 (71%)$3,06834 (31%)$92649 (45%)$7,13170 (64%)$3,571
2013-1470 (68%)$3,29722 (21%)$2,18339 (38%)$6,98160 (58%)$3,568
2014-1568 (67%)$3,44421 (21%)$2,16338 (37%)$8,12374 (73%)$3,344
2015-1636 (59%)$3,83916 (26%)$2,04026 (43%)$7,31145 (74%)$2,981
2016-1712 (48%)$3,53610 (40%)$1,4327 (28%)$8,73218 (72%)$3,012
2017-186 (67%)$5,0784 (44%)$1,8004 (44%)$6,3546 (67%)$2,064
2018-193 (43%)$4,7823 (43%)$9921 (14%)$6,4693 (43%)$699
2019-205 (83%)$3,7783 (50%)$1,8224 (67%)$5,8183 (50%)$1,641
2020-213 (60%)$6,345--2 (40%)$9,7044 (80%)$667
2021-226 (86%)$4,5412 (29%)$8185 (71%)$11,2185 (71%)$1,099
Average29 (65.20%)$4,17113 (33.89%)$1,57518 (42.70%)$7,78429 (65.20%)$2,265
*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 11 years, on average, 38 (79.80 % of students) get any students loan help and its average loan amount is $38.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-1398 (90%)$7,88098 (90%)$7,3414 (4%)$13,225
2013-1491 (88%)$6,79191 (88%)$6,791--
2014-1589 (87%)$7,43389 (87%)$7,3701 (1%)$5,590
2015-1655 (90%)$7,20954 (89%)$6,5374 (7%)$10,874
2016-1720 (80%)$6,66520 (80%)$5,9432 (8%)$7,211
2017-188 (89%)$5,2038 (89%)$5,203--
2018-195 (71%)$5,8415 (71%)$5,841--
2019-206 (100%)$5,2206 (100%)$5,220--
2020-213 (60%)$6,8333 (60%)$6,833--
2021-223 (43%)$3,2883 (43%)$3,288--
Average38 (79.80%)$6,23638 (79.70%)$6,0373 (5.00%)$9,225
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