Scholarships, Grants, and Loan Trends at Albany State

18%

Received Percent Changed

$611

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 4,291, which is 79.22 % of all undergraduate students. 3,532 students which is 66.67% of undergraduate students received federal student loans and the average loan amount is $6,612.

For full-time, first-time beginning students (freshmen), 90.67% of students received grants or scholarships and 79% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Albany State University since 2014.

For that period, the average number of students who received grants aid/scholarships is 4,291, which is 79.22 % of all undergraduate students. 3,532 students which is 66.67% of undergraduate students received federal student loans and the average loan amount is $6,612.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,672 (81%)$5,5942,425 (73%)$4,5712,897 (87%)$8,222
2015-162,212 (74%)$5,4241,902 (64%)$4,5052,246 (75%)$7,457
2016-174,148 (62%)$4,9483,924 (58%)$4,3364,175 (62%)$6,336
2017-184,159 (66%)$5,9003,710 (59%)$4,6614,064 (65%)$6,489
2018-194,242 (71%)$6,2363,705 (62%)$4,8443,919 (65%)$6,397
2019-204,635 (80%)$6,4053,826 (66%)$4,7123,902 (68%)$6,462
2020-214,944 (81%)$6,4373,774 (62%)$4,8073,710 (61%)$6,157
2021-225,802 (99%)$9,0053,669 (63%)$5,1463,236 (55%)$6,080
2022-235,803 (99%)$6,2053,790 (65%)$5,4303,640 (62%)$5,910
Average4,291 (79.22%)$6,2393,414 (63.56%)$4,7793,532 (66.67%)$6,612
*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.

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

For the last 10 years, on average, 948 (90.67 % of students) received grants or scholarships and its average amount is $7,279. It can cover 42.79% of tuition & fees ($17,008) based on out-of-state rate.

In addition, 819 (78.78 % of students) students get helped from the students loans (average amount : $5,993).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15385 (90%)$6,840377 (88%)$6,665
2015-16392 (82%)$6,924356 (75%)$6,179
2016-17623 (79%)$6,110592 (75%)$5,617
2017-181,205 (87%)$6,7301,179 (85%)$5,943
2018-191,337 (88%)$6,6971,265 (83%)$6,152
2019-201,281 (97%)$6,7951,114 (84%)$6,432
2020-211,118 (93%)$6,872851 (71%)$5,650
2021-22897 (100%)$11,026642 (71%)$5,624
2022-231,292 (100%)$7,513998 (77%)$5,676
Average948 (90.67%)$7,279819 (78.78%)$5,993
*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, 820 (78.11 % of students) received Pell (federal) grants and its average amount is $5,311.

In addition, 255 students received State/local government grants/scholarships (26.22 % 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
2014-15341 (80%)$4,94374 (17%)$1,036168 (39%)$4,04756 (13%)$3,415
2015-16331 (69%)$5,01482 (17%)$856178 (37%)$4,07667 (14%)$3,861
2016-17577 (73%)$4,950102 (13%)$379162 (20%)$4,02956 (7%)$4,629
2017-181,115 (80%)$5,144338 (24%)$372330 (24%)$3,569162 (12%)$6,610
2018-191,227 (81%)$5,411799 (53%)$195392 (26%)$3,262188 (12%)$4,679
2019-201,110 (84%)$5,3871,128 (85%)$589288 (22%)$3,438206 (16%)$5,194
2020-21908 (75%)$5,472968 (80%)$741236 (20%)$3,711189 (16%)$5,932
2021-22723 (80%)$5,649886 (99%)$4,108182 (20%)$3,945193 (21%)$7,505
2022-231,048 (81%)$5,8271,292 (100%)$1,120363 (28%)$3,372154 (12%)$6,026
Average820 (78.11%)$5,311630 (54.22%)$1,044255 (26.22%)$3,717141 (13.67%)$5,317
*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, 819 (78.78 % of students) get any students loan help and its average loan amount is $819.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15377 (88%)$6,665377 (88%)$6,665--
2015-16356 (75%)$6,179356 (75%)$6,179--
2016-17592 (75%)$5,617591 (75%)$5,5188 (1%)$8,020
2017-181,179 (85%)$5,9431,172 (85%)$5,81128 (2%)$7,015
2018-191,265 (83%)$6,1521,257 (83%)$5,89871 (5%)$5,187
2019-201,114 (84%)$6,4321,103 (83%)$5,96574 (6%)$7,922
2020-21851 (71%)$5,650846 (70%)$5,45327 (2%)$7,233
2021-22642 (71%)$5,624636 (71%)$5,42419 (2%)$8,482
2022-23998 (77%)$5,676986 (76%)$5,38847 (4%)$7,473
Average819 (78.78%)$5,993814 (78.44%)$5,81139 (3.14%)$7,333

Ratings & Review

Share your experiences and thoughts about Albany State University. It will be a great help to applicants and prospective students!