Financial Aid Trends for Delaware Colleges

-3%

Received Percent Changed

$261

Received Amount Changes

For the academic year 2023-2024, 68% of students received grants and/or scholarships and its average aid amount is $8,824.

Compared to the percent of received 10 years ago, less students received the financial aid from 70% to 67%. The average financial aid amount has increased from $7,827 to $8,088 at Delaware Colleges.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Delaware Colleges since 2014. For that period, the average number of students who received grants aid/scholarships is 27,246, which is 68.22 % of all undergraduate students.

19,434 students which is 50.78% of undergraduate students received federal student loans and the average loan amount: $6,518.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1526,959 (70%)$7,82714,133 (40%)$3,67619,949 (55%)$6,665
2015-1626,953 (70%)$8,47913,794 (41%)$3,80519,479 (56%)$6,705
2016-1727,218 (69%)$8,62013,989 (40%)$3,77219,112 (54%)$6,632
2017-1827,702 (68%)$9,55414,624 (41%)$4,19720,842 (54%)$6,729
2018-1928,063 (69%)$9,37214,198 (42%)$4,31420,863 (55%)$7,074
2019-2027,826 (69%)$9,98113,876 (40%)$4,57320,537 (56%)$6,543
2020-2126,122 (65%)$9,59712,376 (38%)$4,41317,794 (45%)$6,560
2021-2226,797 (67%)$8,00612,402 (39%)$4,52418,198 (47%)$6,711
2022-2327,570 (67%)$8,08812,525 (39%)$4,62418,135 (35%)$5,045
Average27,246 (68.22%)$8,83613,546 (40.00%)$4,21119,434 (50.78%)$6,518
*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

Over the past 10 years, on average, 6,644 (83.33 % of students) received grants or scholarships and its average amount is $10,058. It can cover 54.42% of tuition & fees ($18,483) based on out-of-state rate. In addition, 3,779 (54.78 % of students) students get helped from the students loans (average amount : $6,309).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-156,467 (86%)$9,2143,962 (63%)$6,752
2015-166,515 (82%)$9,3283,913 (57%)$6,018
2016-176,507 (86%)$9,6743,689 (62%)$5,578
2017-186,810 (87%)$11,3244,132 (62%)$6,077
2018-197,114 (85%)$11,1094,101 (58%)$5,978
2019-206,891 (85%)$10,9693,974 (61%)$6,233
2020-216,060 (82%)$11,1392,919 (43%)$6,696
2021-226,342 (78%)$9,1893,508 (45%)$6,986
2022-237,086 (79%)$8,5783,812 (42%)$6,467
Average6,644 (83.33%)$10,0583,779 (54.78%)$6,309
*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. Over the past 10 years, on average, 2,534 (45.78 % of students) received Pell (federal) grants and its average amount is $4,390. In addition, 1,956 students received State/local government grants/scholarships (22.78 % of students).

YearFederal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-152,566 (52%)$3,997566 (17%)$7111,696 (20%)$2,8894,457 (61%)$7,700
2015-162,555 (50%)$3,947742 (16%)$6971,847 (23%)$2,9424,477 (58%)$7,759
2016-172,626 (53%)$3,625504 (14%)$7261,908 (18%)$3,0074,166 (64%)$7,546
2017-182,756 (49%)$4,391679 (15%)$6891,694 (20%)$2,9054,739 (60%)$9,229
2018-192,715 (46%)$4,444579 (15%)$7462,089 (22%)$2,7364,695 (60%)$8,878
2019-202,633 (46%)$4,610707 (24%)$1,2832,138 (19%)$2,9724,487 (59%)$8,439
2020-212,137 (39%)$4,649673 (20%)$1,5532,032 (24%)$3,4394,008 (54%)$8,902
2021-222,253 (39%)$4,881462 (11%)$1,1711,916 (29%)$4,8724,361 (50%)$6,674
2022-232,566 (38%)$4,970480 (9%)$1,3002,287 (30%)$4,5764,876 (49%)$6,249
Average2,534 (45.78%)$4,390599 (15.67%)$9861,956 (22.78%)$3,3714,474 (57.22%)$7,931

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. Over the past 10 years, on average, 3,779 (54.78 % of students) get any students loan help and its average loan amount is $3,779.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-153,962 (63%)$6,7523,914 (62%)$5,819540 (8%)$11,050
2015-163,913 (57%)$6,0183,871 (57%)$5,308500 (5%)$11,184
2016-173,689 (62%)$5,5783,637 (61%)$4,632552 (7%)$11,337
2017-184,132 (62%)$6,0774,089 (61%)$5,076570 (6%)$12,060
2018-194,101 (58%)$5,9784,042 (57%)$4,906632 (6%)$11,313
2019-203,974 (61%)$6,2333,911 (60%)$4,736681 (9%)$12,920
2020-212,919 (43%)$6,6962,864 (42%)$5,548420 (6%)$12,646
2021-223,508 (45%)$6,9863,448 (44%)$5,000692 (8%)$15,680
2022-233,812 (42%)$6,4673,738 (41%)$4,664692 (6%)$16,176
Average3,779 (54.78%)$6,3093,724 (53.89%)$5,077587 (6.78%)$12,707