How VU'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 Valparaiso University since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,917, which is 95.00 % of all undergraduate students. 1,846 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $7,485.

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
2013-14	2,924 (90%)	$21,242	795 (24%)	$4,141	1,895 (58%)	$7,191
2014-15	2,970 (91%)	$22,809	814 (25%)	$4,270	2,090 (64%)	$7,768
2015-16	2,939 (93%)	$23,580	835 (26%)	$4,467	1,908 (60%)	$7,208
2016-17	3,122 (95%)	$25,313	896 (27%)	$4,327	2,161 (66%)	$7,781
2017-18	3,110 (96%)	$27,132	934 (29%)	$4,485	2,145 (67%)	$10,342
2018-19	3,099 (97%)	$25,308	892 (28%)	$4,570	1,815 (57%)	$6,896
2019-20	2,947 (98%)	$28,933	801 (27%)	$4,684	1,693 (57%)	$6,681
2020-21	2,677 (98%)	$30,096	675 (25%)	$4,994	1,502 (55%)	$6,737
2021-22	2,467 (97%)	$40,463	629 (25%)	$5,254	1,405 (55%)	$6,759
Average	2,917 (95.00%)	$27,208	808 (26.22%)	$4,577	1,846 (59.89%)	$7,485

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

Overview

For the last 10 years, on average, 727 (98.67 % of students) received grants or scholarships and its average amount is $28,534. It can cover 61.25% of tuition & fees ($46,588).

In addition, 456 (61.78 % of students) students get helped from the students loans (average amount : $8,063).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	837 (96%)	$22,688	495 (57%)	$7,417
2014-15	686 (96%)	$23,962	489 (68%)	$8,153
2015-16	734 (99%)	$25,412	441 (59%)	$7,485
2016-17	856 (99%)	$26,441	604 (70%)	$8,810
2017-18	801 (99%)	$27,304	553 (69%)	$9,091
2018-19	752 (99%)	$30,668	350 (46%)	$7,607
2019-20	645 (100%)	$31,932	399 (62%)	$7,994
2020-21	633 (100%)	$33,693	400 (63%)	$7,986
2021-22	598 (100%)	$34,706	372 (62%)	$8,025
Average	727 (98.67%)	$28,534	456 (61.78%)	$8,063

^*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 10 years, on average, 219 (29.89 % of students) received Pell (federal) grants and its average amount is $4,579.

In addition, 144 students received State/local government grants/scholarships (19.78 % 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
2013-14	243 (28%)	$4,081	238 (27%)	$1,478	116 (13%)	$4,879	837 (96%)	$20,406
2014-15	219 (31%)	$4,140	220 (31%)	$1,496	136 (19%)	$5,620	686 (96%)	$21,046
2015-16	228 (31%)	$4,610	225 (30%)	$1,167	104 (14%)	$5,989	734 (99%)	$22,774
2016-17	267 (31%)	$4,344	266 (31%)	$942	165 (19%)	$6,445	853 (99%)	$23,633
2017-18	251 (31%)	$4,400	245 (30%)	$797	178 (22%)	$7,265	799 (99%)	$24,127
2018-19	240 (32%)	$4,599	237 (31%)	$1,215	179 (24%)	$7,415	752 (99%)	$27,052
2019-20	178 (28%)	$4,816	171 (26%)	$1,094	156 (24%)	$7,002	644 (100%)	$28,664
2020-21	163 (26%)	$5,007	159 (25%)	$1,205	123 (19%)	$7,431	633 (100%)	$30,657
2021-22	186 (31%)	$5,214	181 (30%)	$1,071	143 (24%)	$7,928	598 (100%)	$30,865
Average	219 (29.89%)	$4,579	216 (29.00%)	$1,163	144 (19.78%)	$6,664	726 (98.67%)	$25,469

^*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 10 years, on average, 456 (61.78 % of students) get any students loan help and its average loan amount is $456.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	495 (57%)	$7,417	482 (55%)	$6,167	54 (6%)	$12,940
2014-15	489 (68%)	$8,153	487 (68%)	$6,875	65 (9%)	$9,829
2015-16	441 (59%)	$7,485	432 (58%)	$6,049	48 (6%)	$14,328
2016-17	604 (70%)	$8,810	598 (69%)	$6,905	98 (11%)	$12,159
2017-18	553 (69%)	$9,091	546 (68%)	$6,684	104 (13%)	$13,251
2018-19	350 (46%)	$7,607	330 (44%)	$5,637	55 (7%)	$14,583
2019-20	399 (62%)	$7,994	394 (61%)	$5,533	73 (11%)	$13,830
2020-21	400 (63%)	$7,986	397 (63%)	$5,416	69 (11%)	$15,132
2021-22	372 (62%)	$8,025	370 (62%)	$5,542	55 (9%)	$16,995
Average	456 (61.78%)	$8,063	448 (60.89%)	$6,090	69 (9.22%)	$13,672

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Scholarships, Grants, and Loan Trends at VU

All Undergraduate Students Financial Aid Over Time

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