Scholarships, Grants, and Loan Trends at Edward Waters

-6%

Received Percent Changed

-$2,776

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 927, which is 53.33 % of all undergraduate students. 744 students which is 42.89% of undergraduate students received federal student loans and the average loan amount is $6,931.

For full-time, first-time beginning students (freshmen), 98.00% of students received grants or scholarships and 72% 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 Edward Waters University since 2014.

For that period, the average number of students who received grants aid/scholarships is 927, which is 53.33 % of all undergraduate students. 744 students which is 42.89% of undergraduate students received federal student loans and the average loan amount is $6,931.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15853 (96%)$10,595723 (82%)$5,206732 (83%)$8,315
2015-16822 (36%)$10,203673 (30%)$4,797688 (31%)$7,123
2016-17877 (29%)$10,322742 (24%)$4,668740 (24%)$7,215
2017-18901 (26%)$11,561761 (22%)$5,240741 (22%)$6,857
2018-19954 (33%)$11,904802 (28%)$5,577731 (25%)$6,685
2019-20886 (29%)$11,961765 (25%)$5,391738 (24%)$6,672
2020-21954 (42%)$12,465735 (32%)$5,648702 (31%)$6,651
2021-221,071 (99%)$12,734841 (78%)$5,743797 (74%)$6,560
2022-231,025 (90%)$7,819863 (76%)$6,080827 (72%)$6,303
Average927 (53.33%)$11,063767 (44.11%)$5,372744 (42.89%)$6,931
*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, 257 (98.00 % of students) received grants or scholarships and its average amount is $12,360. It can cover 75.52% of tuition & fees ($16,366).

In addition, 187 (71.89 % of students) students get helped from the students loans (average amount : $5,729).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15223 (100%)$12,012176 (79%)$7,007
2015-16239 (97%)$10,791182 (74%)$6,281
2016-17210 (90%)$11,620158 (68%)$5,667
2017-18253 (100%)$12,728191 (75%)$5,404
2018-19287 (99%)$12,020190 (66%)$5,721
2019-20219 (100%)$12,648168 (76%)$5,452
2020-21255 (99%)$13,261177 (69%)$5,675
2021-22322 (99%)$12,984244 (75%)$5,574
2022-23303 (98%)$13,172201 (65%)$4,778
Average257 (98.00%)$12,360187 (71.89%)$5,729
*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, 214 (81.89 % of students) received Pell (federal) grants and its average amount is $5,301.

In addition, 213 students received State/local government grants/scholarships (81.33 % 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
2014-15198 (88%)$5,23562 (28%)$1,141186 (83%)$3,443150 (67%)$6,206
2015-16185 (75%)$4,97575 (30%)$1,101206 (84%)$3,556164 (67%)$5,144
2016-17182 (78%)$4,62375 (32%)$945171 (73%)$3,132160 (68%)$6,202
2017-18224 (88%)$4,97286 (34%)$916208 (82%)$4,514183 (72%)$5,949
2018-19250 (87%)$5,33576 (26%)$902241 (83%)$4,093176 (61%)$6,029
2019-20201 (91%)$5,05367 (30%)$1,187183 (83%)$3,769180 (82%)$5,472
2020-21193 (75%)$5,70670 (27%)$931244 (95%)$5,288179 (70%)$5,168
2021-22265 (82%)$5,74575 (23%)$1,182251 (77%)$3,858263 (81%)$6,089
2022-23227 (73%)$6,06269 (22%)$654223 (72%)$2,775260 (84%)$7,504
Average214 (81.89%)$5,30173 (28.00%)$995213 (81.33%)$3,825191 (72.44%)$5,974
*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, 187 (71.89 % of students) get any students loan help and its average loan amount is $187.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15176 (79%)$7,007176 (79%)$7,007--
2015-16182 (74%)$6,281182 (74%)$6,281--
2016-17158 (68%)$5,667158 (68%)$5,667--
2017-18191 (75%)$5,404191 (75%)$5,404--
2018-19190 (66%)$5,721190 (66%)$5,721--
2019-20168 (76%)$5,452168 (76%)$5,452--
2020-21177 (69%)$5,675177 (69%)$5,675--
2021-22244 (75%)$5,574244 (75%)$5,574--
2022-23201 (65%)$4,778199 (64%)$4,7433 (1%)$5,513
Average187 (71.89%)$5,729187 (71.78%)$5,7253 (1.00%)$5,513

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