Scholarships, Grants, and Loan Trends at Grayson

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,393, which is 55.44 % of all undergraduate students. 603 students which is 13.67% of undergraduate students received federal student loans and the average loan amount is $6,727.

For full-time, first-time beginning students (freshmen), 81.78% of students received grants or scholarships and 14% 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 Grayson College since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,393, which is 55.44 % of all undergraduate students. 603 students which is 13.67% of undergraduate students received federal student loans and the average loan amount is $6,727.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,435 (53%)$4,8391,962 (42%)$5,1751,019 (22%)$5,868
2015-162,109 (46%)$2,2441,869 (41%)$1,994813 (18%)$3,370
2016-172,325 (51%)$3,7531,620 (35%)$3,617777 (17%)$5,594
2017-182,157 (49%)$3,8161,462 (33%)$3,853591 (13%)$3,293
2018-192,788 (63%)$5,9321,408 (32%)$4,985503 (11%)$7,578
2019-202,319 (52%)$6,1261,437 (32%)$6,950529 (12%)$7,870
2020-212,875 (71%)$4,7321,815 (45%)$4,691432 (11%)$9,165
2021-222,272 (57%)$8,1621,222 (31%)$6,040373 (9%)$9,722
2022-232,256 (57%)$4,9971,248 (31%)$5,687388 (10%)$8,086
Average2,393 (55.44%)$4,9561,560 (35.78%)$4,777603 (13.67%)$6,727
*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, 384 (81.78 % of students) received grants or scholarships and its average amount is $5,611. It can cover 89.06% of tuition & fees ($6,300) based on out-of-state rate.

In addition, 69 (13.89 % of students) students get helped from the students loans (average amount : $5,190).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15466 (76%)$5,003139 (23%)$4,433
2015-16445 (82%)$5,022112 (21%)$4,654
2016-17406 (77%)$4,96778 (15%)$4,050
2017-18421 (77%)$4,51074 (14%)$2,894
2018-19355 (71%)$5,34150 (10%)$6,139
2019-20357 (79%)$6,65163 (14%)$6,230
2020-21296 (85%)$5,86934 (10%)$4,568
2021-22340 (97%)$7,25622 (6%)$6,843
2022-23372 (92%)$5,87649 (12%)$6,902
Average384 (81.78%)$5,61169 (13.89%)$5,190
*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, 257 (53.11 % of students) received Pell (federal) grants and its average amount is $5,626.

In addition, 204 students received State/local government grants/scholarships (43.78 % 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
2014-15372 (61%)$4,89853 (9%)$200201 (33%)$611176 (29%)$2,135
2015-16354 (65%)$4,72224 (4%)$325292 (54%)$771166 (31%)$1,990
2016-17270 (51%)$4,49138 (7%)$368271 (52%)$1,645153 (29%)$2,248
2017-18270 (49%)$4,7659 (2%)$289204 (37%)$1,617142 (26%)$1,968
2018-19290 (58%)$5,68429 (6%)$255129 (26%)$1,65425 (5%)$1,073
2019-20220 (49%)$7,596240 (53%)$550191 (42%)$1,123165 (37%)$2,164
2020-21171 (49%)$5,209264 (76%)$873206 (59%)$1,355123 (35%)$2,741
2021-22150 (43%)$6,947249 (71%)$2,316155 (44%)$2,617314 (89%)$1,409
2022-23216 (53%)$6,320100 (25%)$690188 (47%)$1,432301 (75%)$1,603
Average257 (53.11%)$5,626112 (28.11%)$652204 (43.78%)$1,425174 (39.56%)$1,926
*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, 69 (13.89 % of students) get any students loan help and its average loan amount is $69.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15139 (23%)$4,433139 (23%)$4,433--
2015-16112 (21%)$4,654112 (21%)$4,654--
2016-1778 (15%)$4,05078 (15%)$3,8832 (0%)$6,500
2017-1874 (14%)$2,89473 (13%)$2,8111 (0%)$9,000
2018-1950 (10%)$6,13949 (10%)$6,2031 (0%)$3,000
2019-2063 (14%)$6,23062 (14%)$6,1371 (0%)$12,000
2020-2134 (10%)$4,56834 (10%)$4,2531 (0%)$10,740
2021-2222 (6%)$6,84321 (6%)$6,8091 (0%)$7,544
2022-2349 (12%)$6,90248 (12%)$6,5613 (1%)$7,742
Average69 (13.89%)$5,19068 (13.78%)$5,0831 (1.00%)$8,075

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