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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 ECPI University since 2011.
For that period, the average number of students who received grants aid/scholarships is 7,142, which is 60.45 % of all undergraduate students. 5,780 students which is 49.18% of undergraduate students received federal student loans and the average loan amount is $8,721.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-126,271 (58%)$3,7505,005 (47%)$3,7885,473 (51%)$8,405
2012-135,524 (56%)$3,8344,068 (42%)$3,8204,751 (48%)$9,079
2013-146,176 (57%)$3,8114,695 (43%)$3,9735,403 (50%)$8,601
2014-156,304 (58%)$4,7454,941 (45%)$4,0405,650 (52%)$8,683
2015-166,900 (59%)$4,9485,308 (46%)$3,8515,319 (46%)$9,913
2016-176,831 (58%)$5,4095,230 (44%)$3,9865,622 (48%)$9,198
2017-187,626 (65%)$5,7706,169 (53%)$4,4566,092 (52%)$9,150
2018-198,271 (65%)$5,7066,815 (54%)$4,6105,866 (46%)$7,899
2019-208,135 (62%)$5,0306,750 (51%)$4,1416,453 (49%)$7,064
2020-218,226 (59%)$4,8856,730 (48%)$4,1506,738 (48%)$7,463
2021-228,297 (68%)$5,1836,311 (52%)$4,3726,211 (51%)$10,474
Average7,142 (60.45%)$4,8255,638 (47.73%)$4,1085,780 (49.18%)$8,721

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 971 (78.82 % of students) received grants or scholarships and its average amount is $5,557. It can cover 30.06% of tuition & fees ($18,484).
In addition, 864 (69.82 % of students) students get helped from the students loans (average amount : $8,584).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12708 (82%)$4,668644 (74%)$7,650
2012-13773 (86%)$4,879694 (77%)$7,933
2013-14828 (87%)$4,798736 (78%)$8,395
2014-151,167 (73%)$5,5731,116 (69%)$7,862
2015-161,080 (75%)$5,5851,070 (75%)$8,519
2016-171,173 (74%)$5,650976 (61%)$9,379
2017-181,073 (82%)$6,661904 (69%)$9,161
2018-191,025 (79%)$6,185873 (67%)$7,635
2019-201,061 (77%)$5,645928 (67%)$7,983
2020-21944 (67%)$5,479847 (60%)$8,025
2021-22852 (85%)$6,001720 (71%)$11,880
Average971 (78.82%)$5,557864 (69.82%)$8,584
*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, 821 (66.00 % of students) received Pell (federal) grants and its average amount is $4,910.
In addition, 16 students received State/local government grants/scholarships (1.36 % 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
2011-12562 (65%)$4,955529 (61%)$2178 (1%)$3,259595 (69%)$638
2012-13645 (71%)$4,821614 (68%)$22922 (2%)$3,840654 (72%)$667
2013-14682 (72%)$5,017559 (59%)$13722 (2%)$3,382683 (72%)$586
2014-151,031 (64%)$4,975953 (59%)$13720 (1%)$9,575308 (19%)$3,417
2015-16959 (67%)$4,772927 (65%)$11525 (2%)$3,613354 (25%)$3,555
2016-17961 (60%)$4,664896 (56%)$14612 (1%)$13,296449 (28%)$4,131
2017-18929 (71%)$5,408899 (69%)$14120 (2%)$11,379430 (33%)$4,113
2018-19872 (67%)$5,027862 (67%)$1499 (1%)$12,210462 (36%)$3,718
2019-20916 (66%)$4,699897 (65%)$13915 (1%)$9,906410 (30%)$3,441
2020-21818 (58%)$4,633795 (56%)$17414 (1%)$3,071397 (28%)$3,025
2021-22651 (65%)$5,034789 (78%)$1,4908 (1%)$4,910221 (22%)$2,811
Average821 (66.00%)$4,910793 (63.91%)$27916 (1.36%)$7,131451 (39.45%)$2,737
*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, 864 (69.82 % of students) get any students loan help and its average loan amount is $864.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12644 (74%)$7,650641 (74%)$7,47717 (2%)$7,887
2012-13694 (77%)$7,933692 (77%)$7,83014 (2%)$6,213
2013-14736 (78%)$8,395734 (77%)$7,769113 (12%)$4,218
2014-151,116 (69%)$7,8621,116 (69%)$7,62934 (2%)$7,658
2015-161,070 (75%)$8,5191,070 (75%)$8,186205 (14%)$1,736
2016-17976 (61%)$9,379972 (61%)$8,97452 (3%)$8,298
2017-18904 (69%)$9,161900 (69%)$8,82352 (4%)$6,556
2018-19873 (67%)$7,635868 (67%)$7,28846 (4%)$7,366
2019-20928 (67%)$7,983924 (67%)$7,50669 (5%)$6,854
2020-21847 (60%)$8,025839 (59%)$7,43264 (5%)$8,781
2021-22720 (71%)$11,880713 (71%)$11,09451 (5%)$12,613
Average864 (69.82%)$8,584861 (69.64%)$8,18365 (5.27%)$7,107

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