Scholarships, Grants, and Loan Trends at OSU

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 30,032, which is 65.91 % of all undergraduate students. 17,753 students which is 39.27% of undergraduate students received federal student loans and the average loan amount is $6,609.
For full-time, first-time beginning students (freshmen), 74.55% of students received grants or scholarships and 40% 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 Ohio State University-Main Campus since 2011.
For that period, the average number of students who received grants aid/scholarships is 30,032, which is 65.91 % of all undergraduate students. 17,753 students which is 39.27% of undergraduate students received federal student loans and the average loan amount is $6,609.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1225,919 (60%)$7,53810,178 (24%)$3,90720,453 (48%)$6,856
2012-1326,288 (61%)$8,1709,576 (22%)$4,03819,750 (46%)$6,926
2013-1428,709 (65%)$8,4359,914 (22%)$4,09519,454 (44%)$6,834
2014-1529,286 (65%)$8,7259,579 (21%)$4,13819,151 (43%)$6,807
2015-1630,349 (67%)$9,1199,248 (20%)$4,21818,755 (41%)$6,691
2016-1730,617 (67%)$9,2759,119 (20%)$4,19618,281 (40%)$6,765
2017-1830,366 (66%)$9,8389,342 (20%)$4,53117,396 (38%)$6,733
2018-1930,340 (65%)$10,4569,608 (21%)$4,61916,751 (36%)$6,328
2019-2031,947 (68%)$10,8469,564 (20%)$4,77415,865 (34%)$6,329
2020-2132,392 (69%)$11,9399,390 (20%)$4,94314,738 (31%)$6,220
2021-2234,142 (72%)$11,1259,432 (20%)$5,02414,688 (31%)$6,214
Average30,032 (65.91%)$9,5889,541 (20.91%)$4,40817,753 (39.27%)$6,609

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

For the last 12 years, on average, 5,632 (74.55 % of students) received grants or scholarships and its average amount is $9,942. It can cover 25.92% of tuition & fees ($38,365) based on out-of-state rate.
In addition, 3,024 (40.27 % of students) students get helped from the students loans (average amount : $7,419).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-125,147 (73%)$7,9043,371 (48%)$7,034
2012-135,193 (72%)$8,6483,282 (46%)$7,129
2013-145,593 (79%)$9,3183,128 (44%)$7,182
2014-155,605 (79%)$9,2282,976 (42%)$7,436
2015-165,599 (80%)$9,7692,899 (41%)$7,224
2016-175,590 (70%)$9,7303,010 (38%)$7,479
2017-185,300 (74%)$10,2732,684 (37%)$7,525
2018-195,555 (70%)$10,5012,907 (37%)$7,427
2019-205,940 (77%)$11,1732,744 (36%)$7,544
2020-216,198 (72%)$11,8303,243 (38%)$7,792
2021-226,229 (74%)$10,9933,018 (36%)$7,842
Average5,632 (74.55%)$9,9423,024 (40.27%)$7,419
*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, 1,355 (17.82 % of students) received Pell (federal) grants and its average amount is $4,441.
In addition, 864 students received State/local government grants/scholarships (11.55 % 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
2011-121,513 (21%)$3,977548 (8%)$417951 (13%)$1,1175,007 (71%)$6,665
2012-131,349 (19%)$4,100409 (6%)$495901 (13%)$1,3375,169 (72%)$7,346
2013-141,300 (18%)$4,120397 (6%)$496764 (11%)$1,2985,575 (78%)$8,174
2014-151,197 (17%)$4,220418 (6%)$496724 (10%)$1,4015,581 (79%)$8,143
2015-161,194 (17%)$4,380465 (7%)$507684 (10%)$1,5175,587 (80%)$8,626
2016-171,263 (16%)$4,326498 (6%)$512833 (11%)$1,8685,556 (70%)$8,481
2017-181,248 (17%)$4,535466 (6%)$591851 (12%)$2,0325,276 (73%)$8,867
2018-191,354 (17%)$4,550414 (5%)$581849 (11%)$1,8545,540 (70%)$9,090
2019-201,456 (19%)$4,7851,735 (23%)$1,167945 (12%)$2,4135,842 (76%)$9,430
2020-211,502 (17%)$4,8492,619 (30%)$1,058994 (12%)$2,7276,042 (70%)$10,023
2021-221,527 (18%)$5,0123,343 (40%)$1,8401,013 (12%)$2,7065,576 (66%)$9,313
Average1,355 (17.82%)$4,4411,028 (13.00%)$742864 (11.55%)$1,8435,523 (73.18%)$8,560
*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, 3,024 (40.27 % of students) get any students loan help and its average loan amount is $3,024.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-123,371 (48%)$7,0343,340 (47%)$5,462453 (6%)$12,073
2012-133,282 (46%)$7,1293,256 (45%)$5,561416 (6%)$12,723
2013-143,128 (44%)$7,1823,100 (44%)$5,636388 (5%)$12,870
2014-152,976 (42%)$7,4362,946 (42%)$5,607404 (6%)$13,889
2015-162,899 (41%)$7,2242,865 (41%)$5,515370 (5%)$13,894
2016-173,010 (38%)$7,4792,974 (37%)$5,624386 (5%)$14,988
2017-182,684 (37%)$7,5252,650 (37%)$5,460371 (5%)$15,440
2018-192,907 (37%)$7,4272,866 (36%)$5,225435 (5%)$15,205
2019-202,744 (36%)$7,5442,695 (35%)$5,319409 (5%)$15,563
2020-213,243 (38%)$7,7923,137 (36%)$5,228497 (6%)$17,841
2021-223,018 (36%)$7,8422,966 (35%)$5,250445 (5%)$18,192
Average3,024 (40.27%)$7,4192,981 (39.55%)$5,444416 (5.36%)$14,789
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