Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,902, which is 18.56 % of all undergraduate students. 2,247 students which is 20.11% of undergraduate students received federal student loans and the average loan amount is $6,955.
The following table shows the trends of financial aid for all undergraduate students at Thomas Edison State University since 2014.
For that period, the average number of students who received grants aid/scholarships is 1,902, which is 18.56 % of all undergraduate students. 2,247 students which is 20.11% of undergraduate students received federal student loans and the average loan amount is $6,955.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2014-15 | 2,574 (14%) | $2,212 | 2,479 (13%) | $2,200 | 5,122 (27%) | $4,223 |
| 2015-16 | 1,254 (10%) | $2,582 | 1,251 (10%) | $2,512 | 1,514 (12%) | $6,727 |
| 2016-17 | 1,369 (12%) | $2,137 | 1,369 (12%) | $1,879 | 1,636 (14%) | $7,389 |
| 2017-18 | 1,846 (17%) | $3,467 | 1,803 (16%) | $3,473 | 2,020 (18%) | $8,164 |
| 2018-19 | 1,709 (17%) | $3,450 | 1,664 (16%) | $3,477 | 2,059 (20%) | $7,299 |
| 2019-20 | 1,870 (20%) | $2,973 | 1,691 (18%) | $2,889 | 2,152 (23%) | $7,184 |
| 2020-21 | 2,065 (22%) | $2,893 | 1,727 (18%) | $2,964 | 2,184 (23%) | $7,644 |
| 2021-22 | 2,549 (29%) | $2,520 | 1,587 (18%) | $2,817 | 1,818 (21%) | $7,089 |
| 2022-23 | 1,885 (26%) | $3,428 | 1,522 (21%) | $3,000 | 1,721 (23%) | $6,876 |
| Average | 1,902 (18.56%) | $2,851 | 1,677 (15.78%) | $2,801 | 2,247 (20.11%) | $6,955 |
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