Scholarships, Grants, and Loan Trends at EKU

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 10,503, which is 79.67 % of all undergraduate students. 6,680 students which is 50.22% of undergraduate students received federal student loans and the average loan amount is $6,702.

For full-time, first-time beginning students (freshmen), 97.56% of students received grants or scholarships and 56% 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 Eastern Kentucky University since 2014.

For that period, the average number of students who received grants aid/scholarships is 10,503, which is 79.67 % of all undergraduate students. 6,680 students which is 50.22% of undergraduate students received federal student loans and the average loan amount is $6,702.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1510,916 (78%)$6,2776,060 (43%)$4,1548,103 (58%)$7,056
2015-1611,317 (79%)$6,5695,851 (41%)$4,1887,898 (55%)$6,954
2016-1711,382 (80%)$6,7795,552 (39%)$4,2027,705 (54%)$6,836
2017-1811,446 (81%)$7,1605,586 (39%)$4,3517,402 (52%)$6,713
2018-1910,889 (81%)$7,5395,206 (39%)$4,4676,761 (50%)$6,629
2019-209,418 (74%)$8,5584,867 (38%)$4,5636,386 (50%)$6,609
2020-219,351 (77%)$8,1974,592 (38%)$4,5615,569 (46%)$6,557
2021-229,646 (83%)$8,7104,457 (38%)$4,6855,135 (44%)$6,503
2022-2310,158 (84%)$9,6224,661 (39%)$5,0115,164 (43%)$6,459
Average10,503 (79.67%)$7,7125,204 (39.33%)$4,4656,680 (50.22%)$6,702
*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, 2,392 (97.56 % of students) received grants or scholarships and its average amount is $9,053. It can cover 42.64% of tuition & fees ($21,230) based on out-of-state rate.

In addition, 1,379 (56.00 % of students) students get helped from the students loans (average amount : $5,955).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,440 (96%)$6,8121,624 (64%)$5,968
2015-162,638 (97%)$7,5291,622 (59%)$5,685
2016-172,489 (97%)$8,2341,533 (60%)$5,748
2017-182,467 (98%)$8,6281,571 (62%)$5,730
2018-192,313 (98%)$8,6081,411 (60%)$6,243
2019-202,253 (98%)$9,7291,345 (59%)$6,188
2020-212,126 (98%)$9,8911,065 (49%)$5,887
2021-222,318 (98%)$10,5831,088 (46%)$6,046
2022-232,483 (98%)$11,4601,152 (45%)$6,100
Average2,392 (97.56%)$9,0531,379 (56.00%)$5,955
*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, 1,156 (47.00 % of students) received Pell (federal) grants and its average amount is $4,562.

In addition, 2,091 students received State/local government grants/scholarships (85.33 % 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
2014-151,306 (51%)$4,383381 (15%)$5682,136 (84%)$2,2171,037 (41%)$5,733
2015-161,274 (47%)$4,412390 (14%)$5422,314 (85%)$2,3651,390 (51%)$6,155
2016-171,186 (46%)$4,359439 (17%)$5372,247 (88%)$2,3661,530 (60%)$6,387
2017-181,236 (49%)$4,468335 (13%)$5562,192 (87%)$2,5071,516 (60%)$6,650
2018-191,073 (45%)$4,411390 (16%)$5382,024 (85%)$2,5301,549 (65%)$6,357
2019-201,083 (47%)$4,666335 (15%)$5691,920 (84%)$2,6461,761 (77%)$6,584
2020-211,001 (46%)$4,508350 (16%)$5521,773 (82%)$2,5631,766 (82%)$6,669
2021-221,060 (45%)$4,706427 (18%)$5361,995 (85%)$2,8752,082 (88%)$6,521
2022-231,182 (47%)$5,144366 (14%)$4972,221 (88%)$3,9562,176 (86%)$6,161
Average1,156 (47.00%)$4,562379 (15.33%)$5442,091 (85.33%)$2,6691,645 (67.78%)$6,357
*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, 1,379 (56.00 % of students) get any students loan help and its average loan amount is $1,379.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,624 (64%)$5,9681,594 (63%)$5,67272 (3%)$9,059
2015-161,622 (59%)$5,6851,609 (59%)$5,28079 (3%)$9,179
2016-171,533 (60%)$5,7481,518 (59%)$5,23688 (3%)$9,811
2017-181,571 (62%)$5,7301,556 (62%)$5,042124 (5%)$9,330
2018-191,411 (60%)$6,2431,393 (59%)$5,015177 (7%)$10,297
2019-201,345 (59%)$6,1881,328 (58%)$5,147143 (6%)$10,406
2020-211,065 (49%)$5,8871,051 (49%)$4,950102 (5%)$10,455
2021-221,088 (46%)$6,0461,069 (45%)$4,820130 (6%)$10,967
2022-231,152 (45%)$6,1001,133 (45%)$4,796150 (6%)$10,623
Average1,379 (56.00%)$5,9551,361 (55.44%)$5,106118 (4.89%)$10,014

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