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

For the academic year 2021-2022, 83% of students received grants and/or scholarships and its average aid amount is $19,402. Compared to the percent of received 10 years ago, more students received the financial aid from 77% to 83%. The average financial aid amount has increased from $12,554 to $19,500 at Pennsylvania 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 Pennsylvania Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 313,029, which is 79.20 % of all undergraduate students. 256,123 students which is 65.10% of undergraduate students received federal student loans and the average loan amount: $7,102.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13326,133 (77%)$12,554140,437 (35%)$3,885296,905 (68%)$7,446
2013-14326,415 (78%)$12,874139,351 (36%)$3,947290,916 (67%)$7,340
2014-15326,088 (78%)$13,486137,339 (36%)$4,057283,418 (68%)$7,346
2015-16319,222 (78%)$14,151129,723 (35%)$4,096271,618 (66%)$7,148
2016-17315,304 (79%)$14,828124,127 (35%)$4,191263,389 (66%)$7,084
2017-18311,148 (79%)$15,641122,718 (35%)$4,366255,691 (65%)$7,122
2018-19304,602 (78%)$18,329117,682 (34%)$4,500243,815 (65%)$7,065
2019-20304,258 (80%)$18,676112,688 (33%)$4,567236,613 (64%)$6,937
2020-21304,135 (82%)$19,120106,712 (33%)$4,654217,082 (62%)$6,822
2021-22292,985 (83%)$19,50097,535 (32%)$4,823201,787 (60%)$6,712
Average313,029 (79.20%)$15,916122,831 (34.40%)$4,309256,123 (65.10%)$7,102

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

For the last 10 years, on average, 66,711 (85.60 % of students) received grants or scholarships and its average amount is $17,715. It can cover 73.72% of tuition & fees ($24,029) based on out-of-state rate. In addition, 58,296 (71.70 % of students) students get helped from the students loans (average amount : $8,433).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-1365,298 (82%)$13,65363,689 (75%)$7,993
2013-1466,945 (84%)$14,57562,059 (72%)$8,158
2014-1567,701 (83%)$15,18463,130 (74%)$8,215
2015-1666,529 (84%)$15,99460,718 (72%)$8,050
2016-1766,415 (84%)$16,64660,124 (72%)$8,215
2017-1866,692 (84%)$17,53060,204 (72%)$8,424
2018-1966,907 (87%)$20,20558,094 (72%)$8,767
2019-2069,338 (89%)$20,77656,479 (72%)$9,022
2020-2165,351 (90%)$21,39049,052 (68%)$8,626
2021-2265,935 (89%)$21,19849,411 (68%)$8,860
Average66,711 (85.60%)$17,71558,296 (71.70%)$8,433
*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, 26,044 (38.10 % of students) received Pell (federal) grants and its average amount is $4,483. In addition, 23,726 students received State/local government grants/scholarships (32.80 % 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
2012-1327,389 (38%)$4,04412,083 (17%)$1,27926,806 (35%)$3,27951,902 (70%)$11,078
2013-1427,513 (39%)$4,18711,441 (16%)$1,27826,803 (35%)$3,37954,637 (71%)$11,784
2014-1528,133 (39%)$4,24511,746 (17%)$1,29126,737 (35%)$3,19456,068 (72%)$12,323
2015-1626,631 (39%)$4,33010,415 (16%)$1,37024,698 (33%)$3,45856,125 (73%)$13,215
2016-1726,176 (37%)$4,38810,367 (16%)$1,36224,439 (33%)$3,48057,066 (75%)$13,949
2017-1826,945 (39%)$4,47110,670 (17%)$1,37024,989 (34%)$3,36058,533 (76%)$14,704
2018-1926,243 (38%)$4,67210,718 (17%)$1,61024,203 (34%)$3,42358,767 (78%)$17,435
2019-2025,471 (38%)$4,73231,774 (37%)$1,73122,413 (32%)$3,44858,531 (79%)$17,835
2020-2123,537 (38%)$4,82828,875 (40%)$1,57719,398 (30%)$3,73458,929 (82%)$18,443
2021-2222,406 (36%)$4,93035,912 (47%)$1,99516,775 (27%)$4,12157,123 (81%)$17,823
Average26,044 (38.10%)$4,48317,400 (24.00%)$1,48623,726 (32.80%)$3,48856,768 (75.70%)$14,859
*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, 58,296 (71.70 % of students) get any students loan help and its average loan amount is $58,296.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-1363,689 (75%)$7,99362,616 (74%)$6,00412,431 (14%)$11,935
2013-1462,059 (72%)$8,15860,832 (72%)$6,04212,259 (13%)$12,541
2014-1563,130 (74%)$8,21561,841 (73%)$6,11712,354 (14%)$12,689
2015-1660,718 (72%)$8,05059,267 (71%)$5,79312,668 (14%)$13,336
2016-1760,124 (72%)$8,21558,583 (70%)$5,71713,546 (15%)$13,686
2017-1860,204 (72%)$8,42458,787 (71%)$5,69214,163 (16%)$13,732
2018-1958,094 (72%)$8,76756,471 (71%)$5,54815,045 (18%)$14,514
2019-2056,479 (72%)$9,02254,950 (71%)$5,53814,963 (18%)$15,538
2020-2149,052 (68%)$8,62647,512 (67%)$5,49311,422 (15%)$15,299
2021-2249,411 (68%)$8,86047,760 (66%)$5,46212,539 (16%)$15,758
Average58,296 (71.70%)$8,43356,862 (70.60%)$5,74113,139 (15.30%)$13,903
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