Scholarships, Grants, and Loan Trends at Eastern

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,781, which is 90.22 % of all undergraduate students. 1,353 students which is 68.11% of undergraduate students received federal student loans and the average loan amount is $7,292.

For full-time, first-time beginning students (freshmen), 97.89% of students received grants or scholarships and 75% 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 University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,781, which is 90.22 % of all undergraduate students. 1,353 students which is 68.11% of undergraduate students received federal student loans and the average loan amount is $7,292.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,237 (88%)$14,3361,039 (41%)$4,1051,828 (72%)$7,910
2015-161,971 (90%)$15,089954 (44%)$4,1981,593 (73%)$7,835
2016-171,893 (91%)$16,049927 (45%)$4,0951,521 (73%)$7,465
2017-181,707 (90%)$17,100841 (45%)$4,1811,370 (73%)$7,280
2018-191,712 (91%)$18,216832 (44%)$4,3861,324 (70%)$7,200
2019-201,643 (94%)$18,997758 (43%)$4,2071,264 (72%)$7,163
2020-211,639 (87%)$18,395729 (39%)$4,1961,183 (63%)$6,961
2021-221,573 (91%)$18,732618 (36%)$4,2021,058 (61%)$6,931
2022-231,654 (90%)$19,377659 (36%)$4,5411,038 (56%)$6,887
Average1,781 (90.22%)$17,366817 (41.44%)$4,2351,353 (68.11%)$7,292
*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, 368 (97.89 % of students) received grants or scholarships and its average amount is $23,625. It can cover 61.52% of tuition & fees ($38,400).

In addition, 282 (74.78 % of students) students get helped from the students loans (average amount : $8,566).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15409 (100%)$18,499318 (78%)$8,926
2015-16373 (100%)$21,137284 (76%)$8,316
2016-17420 (100%)$20,600312 (74%)$8,810
2017-18361 (100%)$21,968280 (78%)$7,991
2018-19396 (99%)$23,706306 (77%)$8,178
2019-20327 (99%)$24,625250 (76%)$9,348
2020-21342 (100%)$25,238256 (75%)$8,343
2021-22323 (100%)$25,542211 (65%)$8,240
2022-23359 (83%)$31,308318 (74%)$8,942
Average368 (97.89%)$23,625282 (74.78%)$8,566
*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, 157 (41.56 % of students) received Pell (federal) grants and its average amount is $4,672.

In addition, 131 students received State/local government grants/scholarships (34.67 % 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
2014-15163 (40%)$4,64193 (23%)$473152 (37%)$3,369409 (100%)$15,290
2015-16161 (43%)$4,564109 (29%)$486140 (37%)$3,901373 (100%)$17,560
2016-17165 (39%)$4,476103 (24%)$466142 (34%)$3,563420 (100%)$17,522
2017-18150 (42%)$4,752100 (28%)$476124 (34%)$3,759358 (99%)$18,726
2018-19192 (48%)$4,674148 (37%)$568144 (36%)$3,570395 (99%)$19,980
2019-20142 (43%)$4,453256 (78%)$1,326122 (37%)$3,757327 (99%)$20,252
2020-21146 (43%)$4,617142 (42%)$1,782124 (36%)$3,599340 (99%)$21,347
2021-22105 (32%)$4,707103 (32%)$69195 (29%)$4,386323 (100%)$22,502
2022-23192 (44%)$5,168168 (39%)$576138 (32%)$4,783359 (83%)$26,436
Average157 (41.56%)$4,672136 (36.89%)$760131 (34.67%)$3,854367 (97.67%)$19,957
*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, 282 (74.78 % of students) get any students loan help and its average loan amount is $282.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15318 (78%)$8,926316 (77%)$6,47357 (14%)$13,912
2015-16284 (76%)$8,316282 (75%)$6,16746 (12%)$13,534
2016-17312 (74%)$8,810310 (73%)$6,16362 (15%)$13,517
2017-18280 (78%)$7,991275 (76%)$5,68254 (15%)$12,500
2018-19306 (77%)$8,178302 (76%)$5,77858 (15%)$13,059
2019-20250 (76%)$9,348246 (75%)$5,67065 (20%)$14,493
2020-21256 (75%)$8,343251 (73%)$5,41957 (17%)$13,606
2021-22211 (65%)$8,240205 (63%)$5,24950 (15%)$13,254
2022-23318 (74%)$8,942312 (72%)$5,59669 (16%)$15,906
Average282 (74.78%)$8,566278 (73.33%)$5,80058 (15.44%)$13,753

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