New Jersey Colleges Financial Aid Trends

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at New Jersey Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 122,788, which is 75.90 % of all undergraduate students. 102,244 students which is 58.80% of undergraduate students received federal student loans and the average loan amount: $7,250.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2012-13	109,597 (72%)	$12,347	68,436 (44%)	$4,156	107,565 (62%)	$7,580
2013-14	111,944 (72%)	$12,259	70,722 (43%)	$4,186	107,608 (61%)	$7,325
2014-15	116,062 (73%)	$13,182	72,528 (43%)	$4,275	110,704 (62%)	$7,385
2015-16	116,937 (72%)	$12,981	72,479 (42%)	$4,271	105,309 (61%)	$7,294
2016-17	117,988 (73%)	$13,003	72,933 (42%)	$4,287	106,046 (60%)	$7,400
2017-18	123,952 (77%)	$13,058	77,993 (45%)	$4,717	106,392 (60%)	$7,418
2018-19	126,811 (77%)	$13,444	77,700 (43%)	$4,989	104,691 (58%)	$7,343
2019-20	131,580 (77%)	$13,287	75,892 (42%)	$4,807	101,121 (58%)	$7,046
2020-21	136,658 (82%)	$13,752	73,888 (42%)	$5,729	90,781 (55%)	$7,007
2021-22	136,352 (84%)	$15,219	70,703 (41%)	$5,766	82,226 (51%)	$6,699
Average	122,788 (75.90%)	$13,253	73,327 (42.70%)	$4,718	102,244 (58.80%)	$7,250

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

Overview

For the last 10 years, on average, 23,512 (85.10 % of students) received grants or scholarships and its average amount is $15,056. It can cover 56.53% of tuition & fees ($26,632) based on out-of-state rate. In addition, 18,131 (63.90 % of students) students get helped from the students loans (average amount : $7,514).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2012-13	19,727 (81%)	$13,855	17,716 (69%)	$7,624
2013-14	20,678 (84%)	$14,665	17,903 (67%)	$7,849
2014-15	21,668 (83%)	$15,084	19,042 (68%)	$7,590
2015-16	22,163 (83%)	$15,244	18,816 (67%)	$7,506
2016-17	22,783 (84%)	$15,722	18,969 (68%)	$7,647
2017-18	24,604 (84%)	$14,602	19,450 (65%)	$7,046
2018-19	26,183 (85%)	$14,857	20,430 (65%)	$7,390
2019-20	26,056 (83%)	$15,013	19,092 (62%)	$7,626
2020-21	25,394 (91%)	$15,285	14,808 (54%)	$7,403
2021-22	25,859 (93%)	$16,235	15,082 (54%)	$7,454
Average	23,512 (85.10%)	$15,056	18,131 (63.90%)	$7,514

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 12,589 (47.60 % of students) received Pell (federal) grants and its average amount is $5,071. In addition, 10,772 students received State/local government grants/scholarships (38.80 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2012-13	10,622 (49%)	$4,426	3,664 (20%)	$1,299	8,950 (41%)	$7,360	15,509 (66%)	$9,216
2013-14	11,414 (51%)	$4,631	3,752 (21%)	$1,422	9,398 (38%)	$7,721	16,182 (68%)	$9,842
2014-15	11,805 (47%)	$4,669	4,012 (16%)	$1,277	9,876 (37%)	$7,881	17,225 (71%)	$10,431
2015-16	12,074 (47%)	$4,663	4,099 (18%)	$1,325	10,070 (38%)	$7,850	17,113 (70%)	$10,770
2016-17	12,570 (47%)	$4,590	4,104 (19%)	$1,125	10,671 (37%)	$8,115	18,119 (71%)	$10,877
2017-18	13,589 (50%)	$4,906	4,423 (21%)	$1,069	11,692 (38%)	$8,028	19,353 (70%)	$10,214
2018-19	14,496 (45%)	$5,287	4,936 (21%)	$1,014	12,973 (43%)	$8,173	20,693 (72%)	$10,330
2019-20	13,904 (47%)	$5,133	7,321 (42%)	$1,923	12,408 (41%)	$8,492	20,858 (67%)	$10,249
2020-21	12,777 (47%)	$6,215	8,782 (54%)	$1,621	11,203 (39%)	$8,451	19,925 (68%)	$10,805
2021-22	12,636 (46%)	$6,190	8,444 (54%)	$1,904	10,479 (36%)	$9,096	21,502 (79%)	$11,045
Average	12,589 (47.60%)	$5,071	5,354 (28.60%)	$1,398	10,772 (38.80%)	$8,117	18,648 (70.20%)	$10,378

^*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..

Student Loans

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, 18,131 (63.90 % of students) get any students loan help and its average loan amount is $18,131.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2012-13	17,716 (69%)	$7,624	17,439 (68%)	$5,918	3,002 (9%)	$13,411
2013-14	17,903 (67%)	$7,849	17,506 (65%)	$6,141	3,185 (10%)	$13,303
2014-15	19,042 (68%)	$7,590	18,664 (67%)	$6,049	3,107 (10%)	$12,505
2015-16	18,816 (67%)	$7,506	18,340 (66%)	$5,851	3,222 (10%)	$12,888
2016-17	18,969 (68%)	$7,647	18,585 (66%)	$5,897	3,390 (11%)	$13,324
2017-18	19,450 (65%)	$7,046	19,024 (64%)	$5,579	3,419 (10%)	$13,318
2018-19	20,430 (65%)	$7,390	19,930 (64%)	$5,634	3,807 (11%)	$14,444
2019-20	19,092 (62%)	$7,626	18,574 (60%)	$5,576	3,770 (11%)	$14,457
2020-21	14,808 (54%)	$7,403	14,367 (53%)	$5,567	2,257 (8%)	$14,143
2021-22	15,082 (54%)	$7,454	14,672 (53%)	$5,211	2,560 (8%)	$17,195
Average	18,131 (63.90%)	$7,514	17,710 (62.60%)	$5,742	3,172 (9.80%)	$13,899

Most Searched New Jersey Colleges (last 30 days)

Undergraduate

Yeshiva Bais Aharon Private, four-years | Lakewood
American Institute of Medical Sciences & Education Private, 2-4 years | Piscataway
American Institute-Somerset Private, Less than 2-years | Somerset
Empire Beauty School-Paramus Private, Less than 2-years | Paramus
Yeshiva Gedolah Tiferes Boruch Private, four-years | North Plainfield
Cortiva Institute-New Jersey Private, Less than 2-years | Wall
Yeshiva Gedolah Keren Hatorah Private, four-years | Lakewood
Best Care College Private, 2-4 years | East Orange
Yeshivas Emek Hatorah Private, four-years | Howell
ASI Career Institute Private, Less than 2-years | Turnersville

compare schools

Graduate

Yeshiva Bais Aharon Private, four-years | Lakewood
American Institute of Medical Sciences & Education Private, 2-4 years | Piscataway
American Institute-Somerset Private, Less than 2-years | Somerset
Empire Beauty School-Paramus Private, Less than 2-years | Paramus
Yeshiva Gedolah Tiferes Boruch Private, four-years | North Plainfield
Cortiva Institute-New Jersey Private, Less than 2-years | Wall
Yeshiva Gedolah Keren Hatorah Private, four-years | Lakewood
Best Care College Private, 2-4 years | East Orange
Yeshivas Emek Hatorah Private, four-years | Howell
ASI Career Institute Private, Less than 2-years | Turnersville

compare schools

Online Schools

Yeshiva Bais Aharon Private, four-years | Lakewood
American Institute of Medical Sciences & Education Private, 2-4 years | Piscataway
American Institute-Somerset Private, Less than 2-years | Somerset
Empire Beauty School-Paramus Private, Less than 2-years | Paramus
Yeshiva Gedolah Tiferes Boruch Private, four-years | North Plainfield
Cortiva Institute-New Jersey Private, Less than 2-years | Wall
Yeshiva Gedolah Keren Hatorah Private, four-years | Lakewood
Best Care College Private, 2-4 years | East Orange
Yeshivas Emek Hatorah Private, four-years | Howell
ASI Career Institute Private, Less than 2-years | Turnersville

compare schools

Technical Colleges

Yeshiva Bais Aharon Private, four-years | Lakewood
American Institute of Medical Sciences & Education Private, 2-4 years | Piscataway
American Institute-Somerset Private, Less than 2-years | Somerset
Empire Beauty School-Paramus Private, Less than 2-years | Paramus
Yeshiva Gedolah Tiferes Boruch Private, four-years | North Plainfield
Cortiva Institute-New Jersey Private, Less than 2-years | Wall
Yeshiva Gedolah Keren Hatorah Private, four-years | Lakewood
Best Care College Private, 2-4 years | East Orange
Yeshivas Emek Hatorah Private, four-years | Howell
ASI Career Institute Private, Less than 2-years | Turnersville

compare schools

Grants, Scholarships, and Student Loan Stats Trends for New Jersey Colleges

All Undergraduate Students Financial Aid Over Time

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