Scholarships, Grants, and Loan Trends at AUM

12%

Received Percent Changed

$1,675

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 3,094, which is 72.11 % of all undergraduate students. 2,282 students which is 53.22% of undergraduate students received federal student loans and the average loan amount is $6,881.

For full-time, first-time beginning students (freshmen), 92.11% of students received grants or scholarships and 56% 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 Auburn University at Montgomery since 2014.

For that period, the average number of students who received grants aid/scholarships is 3,094, which is 72.11 % of all undergraduate students. 2,282 students which is 53.22% of undergraduate students received federal student loans and the average loan amount is $6,881.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,588 (59%)$6,3961,914 (44%)$4,2852,444 (56%)$7,001
2015-162,767 (65%)$5,9441,875 (44%)$4,3662,369 (56%)$6,873
2016-172,886 (68%)$6,7651,887 (44%)$4,4162,465 (58%)$6,936
2017-183,108 (72%)$7,4421,977 (46%)$4,9792,389 (55%)$7,089
2018-193,394 (73%)$7,5072,151 (46%)$5,1922,497 (54%)$6,885
2019-203,472 (77%)$7,5822,105 (47%)$5,3602,422 (54%)$6,944
2020-213,812 (87%)$7,3552,109 (48%)$5,2702,248 (51%)$6,667
2021-223,159 (77%)$9,0781,875 (46%)$5,4081,994 (49%)$6,779
2022-232,663 (71%)$8,0711,605 (43%)$5,7851,712 (46%)$6,756
Average3,094 (72.11%)$7,3491,944 (45.33%)$5,0072,282 (53.22%)$6,881
*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, 545 (92.11 % of students) received grants or scholarships and its average amount is $6,063. It can cover 29.34% of tuition & fees ($20,668) based on out-of-state rate.

In addition, 339 (56.33 % of students) students get helped from the students loans (average amount : $5,490).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15526 (82%)$4,969393 (62%)$5,699
2015-16522 (79%)$4,218383 (58%)$5,528
2016-17494 (89%)$5,171361 (65%)$5,502
2017-18587 (94%)$5,910346 (55%)$5,639
2018-19681 (93%)$5,980453 (62%)$5,594
2019-20580 (96%)$6,976348 (58%)$5,467
2020-21627 (98%)$6,916333 (52%)$5,292
2021-22510 (99%)$6,935260 (50%)$5,505
2022-23379 (99%)$7,496171 (45%)$5,188
Average545 (92.11%)$6,063339 (56.33%)$5,490
*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, 320 (53.89 % of students) received Pell (federal) grants and its average amount is $5,106.

In addition, 22 students received State/local government grants/scholarships (4.00 % 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
2014-15343 (54%)$4,56930 (5%)$65720 (3%)$670210 (33%)$4,827
2015-16315 (48%)$4,40243 (7%)$69612 (2%)$754218 (33%)$3,559
2016-17296 (53%)$4,58437 (7%)$63915 (3%)$753245 (44%)$4,745
2017-18325 (52%)$5,05232 (5%)$71612 (2%)$575538 (86%)$3,341
2018-19406 (56%)$5,25074 (10%)$74334 (5%)$798652 (89%)$2,851
2019-20336 (56%)$5,405303 (50%)$83926 (4%)$819541 (90%)$3,612
2020-21383 (60%)$5,36865 (10%)$85218 (3%)$833615 (96%)$3,594
2021-22286 (55%)$5,41544 (9%)$82222 (4%)$764498 (96%)$3,886
2022-23194 (51%)$5,91127 (7%)$94140 (10%)$755373 (97%)$4,394
Average320 (53.89%)$5,10673 (12.22%)$76722 (4.00%)$747432 (73.78%)$3,868
*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, 339 (56.33 % of students) get any students loan help and its average loan amount is $339.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15393 (62%)$5,699393 (62%)$5,699--
2015-16383 (58%)$5,528383 (58%)$5,528--
2016-17361 (65%)$5,502361 (65%)$5,502--
2017-18346 (55%)$5,639346 (55%)$5,639--
2018-19453 (62%)$5,594453 (62%)$5,594--
2019-20348 (58%)$5,467348 (58%)$5,467--
2020-21333 (52%)$5,292333 (52%)$5,292--
2021-22260 (50%)$5,505260 (50%)$5,505--
2022-23171 (45%)$5,188171 (45%)$5,188--
Average339 (56.33%)$5,490339 (56.33%)$5,490--

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