Scholarships, Grants, and Loan Trends at Embry-Riddle Aeronautical University-Daytona Beach

-13%

Received Percent Changed

$10,326

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 5,222, which is 79.22 % of all undergraduate students. 2,716 students which is 42.56% of undergraduate students received federal student loans and the average loan amount is $6,895.

For full-time, first-time beginning students (freshmen), 95.44% 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 Embry-Riddle Aeronautical University-Daytona Beach since 2014.

For that period, the average number of students who received grants aid/scholarships is 5,222, which is 79.22 % of all undergraduate students. 2,716 students which is 42.56% of undergraduate students received federal student loans and the average loan amount is $6,895.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-154,033 (81%)$12,2641,476 (30%)$4,2132,614 (53%)$6,998
2015-164,408 (84%)$18,0081,516 (29%)$4,3632,619 (50%)$7,756
2016-174,494 (83%)$13,7511,456 (27%)$4,3852,588 (48%)$6,962
2017-184,935 (86%)$28,6611,556 (27%)$5,0812,801 (49%)$7,717
2018-195,066 (85%)$15,6881,571 (26%)$4,9882,681 (45%)$6,909
2019-205,587 (87%)$15,8981,562 (24%)$4,8492,817 (44%)$6,622
2020-215,771 (69%)$21,0201,529 (18%)$5,2142,729 (33%)$6,697
2021-226,249 (70%)$21,6311,516 (17%)$5,0742,670 (30%)$6,189
2022-236,459 (68%)$22,5901,437 (15%)$5,0582,929 (31%)$6,208
Average5,222 (79.22%)$18,8351,513 (23.67%)$4,8032,716 (42.56%)$6,895
*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, 1,421 (95.44 % of students) received grants or scholarships and its average amount is $17,789. It can cover 40.36% of tuition & fees ($44,074).

In addition, 827 (56.11 % of students) students get helped from the students loans (average amount : $14,030).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,108 (92%)$15,869705 (58%)$10,940
2015-161,201 (95%)$16,487744 (59%)$12,094
2016-171,189 (95%)$15,100753 (60%)$11,795
2017-181,303 (96%)$19,125813 (60%)$12,561
2018-191,342 (95%)$16,890747 (53%)$14,818
2019-201,630 (96%)$17,559919 (54%)$15,636
2020-211,421 (95%)$20,273807 (54%)$15,262
2021-221,800 (97%)$20,372953 (52%)$15,475
2022-231,791 (98%)$18,4221,005 (55%)$17,690
Average1,421 (95.44%)$17,789827 (56.11%)$14,030
*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, 373 (25.67 % of students) received Pell (federal) grants and its average amount is $4,831.

In addition, 452 students received State/local government grants/scholarships (30.22 % 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
2014-15353 (29%)$4,45652 (4%)$3,046342 (28%)$4,1571,086 (90%)$13,287
2015-16354 (28%)$4,46848 (4%)$3,813398 (31%)$4,4021,174 (92%)$13,871
2016-17321 (26%)$4,53286 (7%)$3,144354 (28%)$4,3981,151 (92%)$12,747
2017-18377 (28%)$4,897105 (8%)$3,575423 (31%)$6,1401,296 (96%)$15,510
2018-19400 (28%)$4,705105 (7%)$3,466422 (30%)$7,1851,321 (94%)$13,163
2019-20386 (23%)$4,852445 (26%)$1,857544 (32%)$6,6921,599 (94%)$13,935
2020-21368 (25%)$5,251384 (26%)$2,593524 (35%)$6,5561,405 (94%)$15,975
2021-22418 (23%)$5,013778 (42%)$4,097539 (29%)$6,2521,779 (96%)$15,749
2022-23376 (21%)$5,30292 (5%)$3,395519 (28%)$5,3881,783 (98%)$15,643
Average373 (25.67%)$4,831233 (14.33%)$3,221452 (30.22%)$5,6861,399 (94.00%)$14,431
*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, 827 (56.11 % of students) get any students loan help and its average loan amount is $827.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15705 (58%)$10,940690 (57%)$6,475127 (11%)$25,549
2015-16744 (59%)$12,094708 (56%)$6,179197 (16%)$23,470
2016-17753 (60%)$11,795726 (58%)$5,713191 (15%)$24,786
2017-18813 (60%)$12,561781 (58%)$6,251209 (15%)$25,503
2018-19747 (53%)$14,818694 (49%)$5,524258 (18%)$28,045
2019-20919 (54%)$15,636859 (51%)$5,495342 (20%)$28,214
2020-21807 (54%)$15,262755 (51%)$5,508290 (19%)$28,129
2021-22953 (52%)$15,475873 (47%)$5,346325 (18%)$31,019
2022-231,005 (55%)$17,690923 (51%)$5,402385 (21%)$33,225
Average827 (56.11%)$14,030779 (53.11%)$5,766258 (17.00%)$27,549

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