Scholarships, Grants, and Loan Trends at Laurus

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 838, which is 67.00 % of all undergraduate students. 879 students which is 70.55% of undergraduate students received federal student loans and the average loan amount is $8,846.
For full-time, first-time beginning students (freshmen), 62.27% of students received grants or scholarships and 82% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Laurus College since 2011.
For that period, the average number of students who received grants aid/scholarships is 838, which is 67.00 % of all undergraduate students. 879 students which is 70.55% of undergraduate students received federal student loans and the average loan amount is $8,846.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12483 (66%)$2,277483 (66%)$2,277673 (92%)$7,104
2012-13592 (64%)$2,616592 (64%)$2,616520 (56%)$7,074
2013-14811 (65%)$2,766811 (65%)$2,7661,094 (88%)$4,395
2014-151,014 (74%)$2,683832 (61%)$3,199899 (66%)$10,514
2015-161,029 (54%)$3,049941 (49%)$3,1171,094 (57%)$9,911
2016-17989 (63%)$2,841910 (58%)$2,9931,082 (69%)$9,223
2017-181,090 (69%)$3,209948 (60%)$3,5341,122 (71%)$7,070
2018-19741 (56%)$4,295734 (55%)$4,218834 (63%)$8,948
2019-20787 (69%)$5,019786 (69%)$4,915858 (75%)$9,917
2020-21860 (77%)$5,076841 (75%)$5,036713 (64%)$11,961
2021-22826 (80%)$5,241801 (78%)$5,208775 (75%)$11,189
Average838 (67.00%)$3,552789 (63.64%)$3,625879 (70.55%)$8,846

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

For the last 12 years, on average, 64 (62.27 % of students) received grants or scholarships and its average amount is $3,379. It can cover 4.05% of tuition & fees ($83,400).
In addition, 83 (82.18 % of students) students get helped from the students loans (average amount : $8,638).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12171 (61%)$4,022250 (89%)$7,165
2012-13115 (60%)$2,838101 (53%)$7,498
2013-1445 (92%)$2,83845 (92%)$7,498
2014-1543 (61%)$3,19947 (66%)$10,514
2015-1689 (94%)$3,19989 (94%)$10,514
2016-1770 (90%)$3,06968 (87%)$10,412
2017-1871 (90%)$3,44071 (90%)$9,402
2018-1959 (89%)$3,30259 (89%)$9,402
2019-209 (16%)$3,42250 (88%)$7,603
2020-2112 (16%)$3,73767 (91%)$7,172
2021-2215 (16%)$4,09961 (65%)$7,842
Average64 (62.27%)$3,37983 (82.18%)$8,638
*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 12 years, on average, 63 (61.18 % of students) received Pell (federal) grants and its average amount is $3,350.
In addition, 1 students received State/local government grants/scholarships (2.00 % 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
2011-12171 (61%)$2,999----60 (21%)$2,917
2012-13115 (60%)$2,838------
2013-1445 (92%)$2,838------
2014-1543 (61%)$3,199------
2015-1689 (94%)$3,199------
2016-1768 (87%)$3,1302 (3%)$1,000----
2017-1871 (90%)$3,4122 (3%)$1,000----
2018-1955 (83%)$3,4154 (6%)$1,1251 (2%)$2,500--
2019-209 (16%)$3,2971 (2%)$1,125----
2020-2111 (15%)$3,9811 (1%)$1,055----
2021-2213 (14%)$4,5372 (2%)$1,252----
Average63 (61.18%)$3,3502 (2.83%)$1,0931 (2.00%)$2,50060 (21.00%)$2,917
*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 12 years, on average, 83 (82.18 % of students) get any students loan help and its average loan amount is $83.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12250 (89%)$7,165250 (89%)$7,05544 (16%)$627
2012-13101 (53%)$7,498101 (53%)$7,498--
2013-1445 (92%)$7,49845 (92%)$7,498--
2014-1547 (66%)$10,51447 (66%)$10,514--
2015-1689 (94%)$10,51489 (94%)$10,514--
2016-1768 (87%)$10,41268 (87%)$10,412--
2017-1871 (90%)$9,40271 (90%)$9,402--
2018-1959 (89%)$9,40259 (89%)$9,402--
2019-2050 (88%)$7,60350 (88%)$7,603--
2020-2167 (91%)$7,17267 (91%)$7,172--
2021-2261 (65%)$7,84261 (65%)$7,842--
Average83 (82.18%)$8,63883 (82.18%)$8,62844 (16.00%)$627
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