How U of Toledo's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Toledo since 2011.

For that period, the average number of students who received grants aid/scholarships is 11,686, which is 73.55 % of all undergraduate students. 7,988 students which is 49.91% of undergraduate students received federal student loans and the average loan amount is $6,619.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	13,229 (74%)	$6,833	7,399 (41%)	$4,460	11,032 (62%)	$6,826
2012-13	12,034 (71%)	$6,998	6,400 (38%)	$4,500	9,993 (59%)	$6,951
2013-14	11,540 (71%)	$7,338	5,825 (36%)	$4,585	9,207 (57%)	$7,102
2014-15	11,595 (72%)	$7,839	5,408 (34%)	$4,656	8,566 (53%)	$6,866
2015-16	11,651 (72%)	$7,617	4,949 (31%)	$4,023	7,980 (50%)	$6,544
2016-17	11,833 (73%)	$7,958	4,832 (30%)	$4,684	7,847 (48%)	$6,492
2017-18	11,829 (73%)	$8,450	5,016 (31%)	$4,983	7,696 (48%)	$6,511
2018-19	11,882 (74%)	$8,328	4,800 (30%)	$4,630	7,384 (46%)	$6,290
2019-20	11,781 (76%)	$8,837	4,541 (29%)	$4,675	7,033 (45%)	$6,347
2020-21	10,739 (74%)	$8,704	3,888 (27%)	$5,135	6,032 (42%)	$6,392
2021-22	10,438 (79%)	$9,446	3,525 (27%)	$5,032	5,097 (39%)	$6,484
Average	11,686 (73.55%)	$8,032	5,144 (32.18%)	$4,669	7,988 (49.91%)	$6,619

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

Overview

For the last 12 years, on average, 2,904 (93.45 % of students) received grants or scholarships and its average amount is $8,328. It can cover 38.31% of tuition & fees ($21,737) based on out-of-state rate.

In addition, 1,811 (57.45 % of students) students get helped from the students loans (average amount : $6,483).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	3,064 (81%)	$7,413	2,172 (57%)	$6,223
2012-13	3,207 (96%)	$7,444	2,230 (67%)	$6,557
2013-14	3,095 (94%)	$7,563	2,083 (63%)	$6,565
2014-15	3,213 (96%)	$8,301	2,077 (62%)	$6,614
2015-16	3,048 (93%)	$8,554	1,871 (57%)	$6,419
2016-17	3,182 (96%)	$8,050	1,953 (59%)	$6,200
2017-18	2,975 (94%)	$8,394	1,847 (58%)	$6,370
2018-19	3,009 (94%)	$8,228	1,799 (56%)	$6,499
2019-20	2,862 (96%)	$8,735	1,672 (56%)	$6,668
2020-21	2,099 (92%)	$8,876	1,150 (50%)	$6,394
2021-22	2,194 (96%)	$10,047	1,063 (47%)	$6,799
Average	2,904 (93.45%)	$8,328	1,811 (57.45%)	$6,483

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 1,161 (36.73 % of students) received Pell (federal) grants and its average amount is $4,667.

In addition, 783 students received State/local government grants/scholarships (24.91 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	1,493 (39%)	$4,422	315 (8%)	$577	1,052 (28%)	$854	2,703 (71%)	$5,561
2012-13	1,549 (46%)	$4,500	457 (14%)	$562	1,129 (34%)	$1,068	2,876 (86%)	$5,368
2013-14	1,357 (41%)	$4,622	475 (14%)	$552	897 (27%)	$1,152	2,802 (85%)	$5,653
2014-15	1,315 (39%)	$4,652	439 (13%)	$542	779 (23%)	$1,179	2,992 (89%)	$6,483
2015-16	1,176 (36%)	$4,198	459 (14%)	$559	708 (22%)	$1,566	2,998 (92%)	$6,595
2016-17	1,220 (37%)	$4,712	374 (11%)	$562	789 (24%)	$1,672	3,044 (92%)	$6,024
2017-18	1,154 (36%)	$4,862	365 (12%)	$567	797 (25%)	$2,073	2,734 (86%)	$6,402
2018-19	1,062 (33%)	$4,604	468 (15%)	$574	731 (23%)	$2,023	2,839 (88%)	$6,383
2019-20	1,021 (34%)	$4,628	1,117 (37%)	$1,314	701 (23%)	$2,489	2,737 (92%)	$6,234
2020-21	701 (31%)	$5,048	888 (39%)	$1,512	517 (23%)	$2,557	1,884 (83%)	$6,596
2021-22	723 (32%)	$5,086	1,502 (66%)	$2,305	511 (22%)	$2,583	2,070 (91%)	$6,563
Average	1,161 (36.73%)	$4,667	624 (22.09%)	$875	783 (24.91%)	$1,747	2,698 (86.82%)	$6,169

^*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..

Student Loans

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, 1,811 (57.45 % of students) get any students loan help and its average loan amount is $1,811.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	2,172 (57%)	$6,223	2,160 (57%)	$5,789	125 (3%)	$8,100
2012-13	2,230 (67%)	$6,557	2,223 (66%)	$5,943	146 (4%)	$9,650
2013-14	2,083 (63%)	$6,565	2,071 (63%)	$5,909	153 (5%)	$9,390
2014-15	2,077 (62%)	$6,614	2,050 (61%)	$5,846	171 (5%)	$10,248
2015-16	1,871 (57%)	$6,419	1,851 (57%)	$5,603	155 (5%)	$10,572
2016-17	1,953 (59%)	$6,200	1,932 (58%)	$5,450	159 (5%)	$9,934
2017-18	1,847 (58%)	$6,370	1,827 (58%)	$5,541	153 (5%)	$10,735
2018-19	1,799 (56%)	$6,499	1,777 (55%)	$5,275	200 (6%)	$11,589
2019-20	1,672 (56%)	$6,668	1,643 (55%)	$5,308	214 (7%)	$11,343
2020-21	1,150 (50%)	$6,394	1,130 (50%)	$5,073	126 (6%)	$12,858
2021-22	1,063 (47%)	$6,799	1,033 (45%)	$5,331	136 (6%)	$12,650
Average	1,811 (57.45%)	$6,483	1,791 (56.82%)	$5,552	158 (5.18%)	$10,643

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Scholarships, Grants, and Loan Trends at U of Toledo

All Undergraduate Students Financial Aid Over Time

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