Grants, Scholarships, and Student Loan Stats Trends for Arizona Colleges

For the academic year 2021-2022, 70% of students received grants and/or scholarships and its average aid amount is $8,207. Compared to the percent of received 10 years ago, less students received the financial aid from 72% to 70%. The average financial aid amount has increased from $5,884 to $8,207 at Arizona Colleges.
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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Arizona Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 234,953, which is 72.00 % of all undergraduate students. 162,806 students which is 60.30% of undergraduate students received federal student loans and the average loan amount: $7,989.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13132,674 (72%)$5,88485,493 (56%)$3,964106,740 (66%)$8,066
2013-14274,730 (72%)$5,558191,300 (56%)$3,879212,027 (65%)$8,097
2014-15270,460 (73%)$5,988178,411 (57%)$3,924198,733 (64%)$7,789
2015-16258,752 (70%)$6,247160,036 (53%)$4,046179,841 (61%)$7,989
2016-17239,319 (73%)$6,685140,698 (52%)$4,139165,294 (59%)$7,945
2017-18222,597 (74%)$7,252125,513 (52%)$4,310154,586 (60%)$8,092
2018-19213,000 (73%)$7,761122,252 (51%)$4,389150,701 (57%)$7,596
2019-20231,337 (72%)$7,951128,681 (50%)$4,548156,708 (58%)$8,125
2020-21245,062 (71%)$7,894129,940 (45%)$4,541155,173 (58%)$8,155
2021-22261,594 (70%)$8,207128,824 (44%)$4,624148,258 (55%)$8,037
Average234,953 (72.00%)$6,943139,115 (51.60%)$4,236162,806 (60.30%)$7,989

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

For the last 10 years, on average, 31,316 (83.60 % of students) received grants or scholarships and its average amount is $7,900. It can cover 31.56% of tuition & fees ($25,034) based on out-of-state rate. In addition, 19,131 (69.50 % of students) students get helped from the students loans (average amount : $8,003).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-1322,558 (79%)$6,51815,436 (70%)$7,855
2013-1434,003 (85%)$6,39226,345 (72%)$8,132
2014-1534,902 (83%)$6,64326,653 (73%)$7,555
2015-1632,548 (84%)$7,34222,111 (72%)$7,434
2016-1729,724 (83%)$7,84319,293 (68%)$7,311
2017-1829,841 (87%)$8,44017,829 (69%)$7,901
2018-1929,245 (85%)$8,76515,130 (68%)$8,244
2019-2033,352 (88%)$8,58416,808 (69%)$8,231
2020-2132,031 (81%)$9,23615,221 (69%)$8,490
2021-2234,955 (81%)$9,23616,482 (65%)$8,873
Average31,316 (83.60%)$7,90019,131 (69.50%)$8,003
*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, 15,613 (60.60 % of students) received Pell (federal) grants and its average amount is $4,639. In addition, 1,052 students received State/local government grants/scholarships (8.20 % 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
2012-1312,311 (62%)$4,1592,773 (24%)$1,313667 (3%)$3,79017,164 (45%)$4,328
2013-1421,907 (66%)$4,2333,294 (22%)$1,207880 (4%)$2,86521,876 (56%)$4,161
2014-1521,750 (63%)$4,4385,173 (21%)$1,163859 (8%)$2,76522,960 (52%)$4,387
2015-1617,640 (62%)$4,4025,452 (27%)$1,0621,036 (9%)$3,38525,819 (58%)$4,840
2016-1715,180 (58%)$4,5043,458 (22%)$1,073866 (10%)$2,31723,829 (60%)$6,106
2017-1814,877 (62%)$4,6835,391 (26%)$9941,372 (5%)$2,78924,182 (62%)$6,489
2018-1912,628 (60%)$4,8414,124 (22%)$1,4191,287 (6%)$3,19925,413 (59%)$6,782
2019-2013,620 (60%)$4,81512,355 (48%)$8471,014 (19%)$3,59029,309 (65%)$6,606
2020-2112,983 (58%)$5,12514,059 (37%)$1,001632 (8%)$3,08328,359 (68%)$8,008
2021-2213,235 (55%)$5,18610,422 (29%)$1,2911,907 (10%)$2,74131,012 (67%)$7,977
Average15,613 (60.60%)$4,6396,650 (27.80%)$1,1371,052 (8.20%)$3,05224,992 (59.20%)$5,968
*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, 19,131 (69.50 % of students) get any students loan help and its average loan amount is $19,131.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-1315,436 (70%)$7,85515,268 (70%)$7,133970 (9%)$12,025
2013-1426,345 (72%)$8,13226,163 (72%)$7,1821,288 (18%)$11,028
2014-1526,653 (73%)$7,55526,390 (72%)$6,8021,328 (12%)$10,877
2015-1622,111 (72%)$7,43421,885 (72%)$6,4941,388 (13%)$11,274
2016-1719,293 (68%)$7,31118,960 (67%)$6,3911,338 (12%)$12,175
2017-1817,829 (69%)$7,90117,546 (68%)$6,7711,496 (15%)$12,895
2018-1915,130 (68%)$8,24414,746 (65%)$6,5301,638 (19%)$13,729
2019-2016,808 (69%)$8,23116,393 (68%)$6,9971,990 (15%)$11,799
2020-2115,221 (69%)$8,49014,847 (68%)$7,0121,630 (16%)$13,732
2021-2216,482 (65%)$8,87316,074 (64%)$7,0531,807 (19%)$13,484
Average19,131 (69.50%)$8,00318,827 (68.60%)$6,8371,487 (14.80%)$12,302
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