Scholarships, Grants, and Loan Trends at Miami University-Hamilton

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,350, which is 47.67 % of all undergraduate students. 1,352 students which is 46.67% of undergraduate students received federal student loans and the average loan amount is $6,198.
For full-time, first-time beginning students (freshmen), 61.56% of students received grants or scholarships and 51% 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 Miami University-Hamilton since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,350, which is 47.67 % of all undergraduate students. 1,352 students which is 46.67% of undergraduate students received federal student loans and the average loan amount is $6,198.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,797 (50%)$4,3001,664 (46%)$4,1362,079 (57%)$6,755
2014-151,616 (48%)$4,1951,454 (43%)$4,0851,876 (55%)$6,522
2015-161,341 (44%)$4,1351,226 (40%)$3,9161,521 (50%)$6,300
2016-171,301 (45%)$3,9311,073 (37%)$3,9131,401 (49%)$6,041
2017-181,224 (45%)$4,1121,014 (37%)$4,1981,203 (44%)$6,080
2018-191,157 (44%)$4,236958 (36%)$4,2371,158 (44%)$6,014
2019-201,184 (47%)$4,385874 (34%)$4,3201,117 (44%)$5,993
2020-211,358 (55%)$3,861763 (31%)$4,411971 (40%)$5,990
2021-221,170 (51%)$5,567707 (31%)$4,371846 (37%)$6,083
Average1,350 (47.67%)$4,3021,081 (37.22%)$4,1761,352 (46.67%)$6,198

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

For the last 10 years, on average, 311 (61.56 % of students) received grants or scholarships and its average amount is $4,275. It can cover 23.61% of tuition & fees ($18,104) based on out-of-state rate.
In addition, 262 (50.56 % of students) students get helped from the students loans (average amount : $4,927).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14368 (57%)$4,379379 (59%)$5,098
2014-15417 (64%)$3,995374 (58%)$5,091
2015-16320 (55%)$4,043295 (51%)$4,838
2016-17281 (54%)$3,913280 (54%)$4,716
2017-18288 (59%)$4,106226 (46%)$4,914
2018-19268 (60%)$4,423217 (48%)$4,841
2019-20280 (59%)$4,490238 (50%)$5,152
2020-21289 (74%)$4,171190 (48%)$4,723
2021-22286 (72%)$4,955161 (41%)$4,967
Average311 (61.56%)$4,275262 (50.56%)$4,927
*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, 227 (43.67 % of students) received Pell (federal) grants and its average amount is $4,401.
In addition, 17 students received State/local government grants/scholarships (4.86 % 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
2013-14315 (49%)$4,58569 (11%)$8382 (0%)$52686 (13%)$1,260
2014-15345 (53%)$4,25488 (14%)$9253 (0%)$403113 (17%)$1,024
2015-16269 (46%)$4,082105 (18%)$91413 (2%)$38585 (15%)$1,115
2016-17214 (41%)$4,18280 (15%)$97119 (4%)$33993 (18%)$1,296
2017-18202 (41%)$4,60795 (19%)$71613 (3%)$25093 (19%)$1,944
2018-19205 (46%)$4,442113 (25%)$7297 (2%)$348100 (22%)$1,899
2019-20194 (41%)$4,531156 (33%)$1,1206 (1%)$25097 (20%)$2,082
2020-21157 (40%)$4,619245 (62%)$1,1018 (2%)$17094 (24%)$2,224
2021-22142 (36%)$4,308163 (41%)$2,81580 (20%)$115200 (51%)$1,686
Average227 (43.67%)$4,401124 (26.44%)$1,12517 (4.86%)$310107 (22.11%)$1,614
*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, 262 (50.56 % of students) get any students loan help and its average loan amount is $262.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14379 (59%)$5,098378 (59%)$5,0178 (1%)$4,423
2014-15374 (58%)$5,091373 (57%)$4,9885 (1%)$8,665
2015-16295 (51%)$4,838292 (50%)$4,6618 (1%)$8,288
2016-17280 (54%)$4,716280 (54%)$4,6522 (0%)$9,000
2017-18226 (46%)$4,914224 (46%)$4,8255 (1%)$5,989
2018-19217 (48%)$4,841217 (48%)$4,5726 (1%)$9,724
2019-20238 (50%)$5,152237 (50%)$4,7479 (2%)$11,236
2020-21190 (48%)$4,723190 (48%)$4,6783 (1%)$2,866
2021-22161 (41%)$4,967160 (40%)$4,8573 (1%)$7,523
Average262 (50.56%)$4,927261 (50.22%)$4,7775 (1.13%)$7,524
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