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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Aspen University since 2011.
For that period, the average number of students who received grants aid/scholarships is 341, which is 18.33 % of all undergraduate students. 389 students which is 15.50% of undergraduate students received federal student loans and the average loan amount is $6,770.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1274 (56%)$7,96255 (42%)$2,65156 (42%)$7,917
2012-1338 (12%)$85425 (8%)$1,29827 (8%)$5,991
2013-1491 (20%)$2,70791 (20%)$2,707109 (24%)$11,856
2014-15------
2015-16128 (16%)$3,965128 (16%)$3,965137 (17%)$7,193
2016-17162 (11%)$3,866162 (11%)$3,86636 (2%)$7,822
2017-1842 (1%)$2,78442 (1%)$2,78443 (1%)$3,443
2018-192 (0%)$1,2762 (0%)$1,27626 (1%)$6,230
2019-20583 (13%)$2,372583 (13%)$2,200810 (18%)$5,166
2020-211,027 (16%)$2,3201,027 (16%)$2,320942 (15%)$4,485
2021-221,262 (20%)$3,7341,262 (20%)$3,6121,705 (27%)$7,597
Average341 (18.33%)$3,184338 (16.33%)$2,668389 (15.50%)$6,770

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 94 (57.86 % of students) received grants or scholarships and its average amount is $2,409. It can cover 38.46% of tuition & fees ($6,264).
In addition, 126 (59.67 % of students) students get helped from the students loans (average amount : $5,304).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121 (50%)$1,648--
2012-136 (16%)$2,0814 (11%)$7,302
2013-1411 (65%)$1,66811 (65%)$5,842
2014-15----
2015-16----
2016-17----
2017-183 (100%)$2,6353 (100%)$3,353
2018-19----
2019-2046 (63%)$2,55443 (59%)$4,439
2020-2154 (52%)$2,49655 (53%)$4,462
2021-22536 (59%)$3,782639 (70%)$6,426
Average94 (57.86%)$2,409126 (59.67%)$5,304
*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, 94 (57.86 % of students) received Pell (federal) grants and its average amount is $2,384.
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 (50%)$1,648------
2012-136 (16%)$2,081------
2013-1411 (65%)$1,668------
2014-15--------
2015-16--------
2016-17--------
2017-183 (100%)$2,635------
2018-19--------
2019-2046 (63%)$2,5331 (1%)$1,000----
2020-2154 (52%)$2,496------
2021-22536 (59%)$3,62691 (10%)$544--9 (1%)$3,814
Average94 (57.86%)$2,38446 (5.50%)$772--9 (1.00%)$3,814
*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, 126 (59.67 % of students) get any students loan help and its average loan amount is $126.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12------
2012-134 (11%)$7,3024 (11%)$7,302--
2013-1411 (65%)$5,84211 (65%)$5,842--
2014-15------
2015-16------
2016-17------
2017-183 (100%)$3,3533 (100%)$3,353--
2018-19------
2019-2043 (59%)$4,43943 (59%)$4,439--
2020-2155 (53%)$4,46255 (53%)$4,462--
2021-22639 (70%)$6,426639 (70%)$6,426--
Average126 (59.67%)$5,304126 (59.67%)$5,304--

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