Scholarships, Grants, and Loan Trends at Converse

4%

Received Percent Changed

$5,167

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 748, which is 90.67 % of all undergraduate students. 535 students which is 64.44% of undergraduate students received federal student loans and the average loan amount is $6,629.

For full-time, first-time beginning students (freshmen), 98.33% of students received grants or scholarships and 71% 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 Converse University since 2014.

For that period, the average number of students who received grants aid/scholarships is 748, which is 90.67 % of all undergraduate students. 535 students which is 64.44% of undergraduate students received federal student loans and the average loan amount is $6,629.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15754 (92%)$10,914360 (44%)$4,368630 (77%)$7,597
2015-16663 (84%)$10,770364 (46%)$4,274607 (76%)$8,757
2016-17704 (81%)$10,807392 (45%)$4,232645 (74%)$9,224
2017-18858 (93%)$12,410401 (44%)$4,684672 (73%)$7,330
2018-19824 (94%)$13,956400 (46%)$4,750650 (74%)$7,231
2019-20720 (89%)$2,181336 (42%)$2,512100 (12%)$100
2020-21672 (92%)$14,319343 (47%)$4,683473 (65%)$6,743
2021-22778 (95%)$14,732344 (42%)$4,834523 (64%)$6,124
2022-23759 (96%)$16,081320 (41%)$5,216514 (65%)$6,552
Average748 (90.67%)$11,797362 (44.11%)$4,395535 (64.44%)$6,629
*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, 221 (98.33 % of students) received grants or scholarships and its average amount is $13,304. It can cover 52.71% of tuition & fees ($25,240).

In addition, 160 (71.11 % of students) students get helped from the students loans (average amount : $6,270).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15226 (100%)$11,254197 (87%)$7,393
2015-16197 (93%)$10,745159 (75%)$5,268
2016-17228 (96%)$12,497138 (58%)$7,723
2017-18267 (99%)$13,164205 (76%)$6,734
2018-19206 (99%)$16,932173 (83%)$7,879
2019-20185 (99%)$8,324120 (65%)$113
2020-21173 (100%)$15,551114 (66%)$6,045
2021-22292 (99%)$14,959189 (64%)$7,545
2022-23219 (100%)$16,312145 (66%)$7,730
Average221 (98.33%)$13,304160 (71.11%)$6,270
*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, 110 (50.44 % of students) received Pell (federal) grants and its average amount is $4,885.

In addition, 156 students received State/local government grants/scholarships (69.11 % 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
2014-15103 (46%)$4,52027 (12%)$837166 (73%)$6,628204 (90%)$4,681
2015-1694 (44%)$4,38750 (24%)$457144 (68%)$6,653147 (69%)$4,922
2016-17113 (47%)$4,44140 (17%)$531197 (83%)$6,208197 (83%)$5,600
2017-18115 (43%)$4,79526 (10%)$671196 (73%)$6,786256 (95%)$6,311
2018-1995 (45%)$6,00020 (10%)$900156 (75%)$8,333206 (99%)$7,767
2019-20185 (99%)$4,562100 (54%)$100100 (54%)$6,700150 (81%)$107
2020-2191 (53%)$4,91996 (55%)$344128 (74%)$7,223172 (99%)$7,472
2021-22111 (38%)$5,00419 (6%)$940178 (60%)$7,164288 (98%)$8,748
2022-2386 (39%)$5,33825 (11%)$2,228136 (62%)$7,658219 (100%)$9,206
Average110 (50.44%)$4,88545 (22.11%)$779156 (69.11%)$7,039204 (90.44%)$6,090
*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, 160 (71.11 % of students) get any students loan help and its average loan amount is $160.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15197 (87%)$7,393197 (87%)$6,51021 (9%)$8,276
2015-16159 (75%)$5,268158 (75%)$5,2781 (0%)$3,616
2016-17138 (58%)$7,723138 (58%)$6,10018 (8%)$12,446
2017-18205 (76%)$6,734203 (75%)$5,99517 (6%)$9,620
2018-19173 (83%)$7,879149 (71%)$8,05424 (11%)$6,792
2019-20120 (65%)$11370 (38%)$10750 (27%)$120
2020-21114 (66%)$6,045113 (65%)$5,2089 (5%)$11,187
2021-22189 (64%)$7,545189 (64%)$6,33121 (7%)$10,920
2022-23145 (66%)$7,730144 (66%)$5,27524 (11%)$15,051
Average160 (71.11%)$6,270151 (66.56%)$5,42921 (10.50%)$8,670

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