Financial Aid Trends for North Dakota Colleges

4%

Received Percent Changed

$1,575

Received Amount Changes

For the academic year 2023-2024, 73% of students received grants and/or scholarships and its average aid amount is $9,171.

Compared to the percent of received 10 years ago, more students received the financial aid from 69% to 73%. The average financial aid amount has increased from $6,887 to $8,462 at North Dakota Colleges.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at North Dakota Colleges since 2014. For that period, the average number of students who received grants aid/scholarships is 23,306, which is 71.78 % of all undergraduate students.

17,282 students which is 51.89% of undergraduate students received federal student loans and the average loan amount: $6,552.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1522,827 (69%)$6,8879,182 (36%)$3,93419,021 (53%)$6,428
2015-1622,607 (68%)$6,7888,598 (37%)$3,92718,653 (52%)$6,294
2016-1723,048 (69%)$6,8668,643 (36%)$4,09518,529 (54%)$6,650
2017-1822,932 (70%)$7,3578,830 (36%)$4,22818,557 (55%)$6,659
2018-1922,603 (70%)$7,0638,652 (35%)$4,30617,137 (51%)$6,479
2019-2023,470 (72%)$7,3588,340 (38%)$4,17516,979 (53%)$6,594
2020-2125,107 (77%)$7,8297,632 (35%)$4,27716,129 (53%)$6,521
2021-2224,131 (78%)$7,6687,534 (33%)$4,38715,384 (48%)$6,775
2022-2323,026 (73%)$8,4627,436 (34%)$4,49915,146 (48%)$6,567
Average23,306 (71.78%)$7,3648,316 (35.56%)$4,20317,282 (51.89%)$6,552
*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, 5,344 (87.00 % of students) received grants or scholarships and its average amount is $7,039. It can cover 71.22% of tuition & fees ($9,883) based on out-of-state rate. In addition, 4,000 (62.89 % of students) students get helped from the students loans (average amount : $7,503).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-154,784 (83%)$6,4504,063 (61%)$6,951
2015-165,005 (83%)$6,2384,143 (61%)$6,940
2016-175,204 (85%)$6,2574,152 (61%)$6,981
2017-185,179 (85%)$6,9114,359 (62%)$7,725
2018-195,199 (84%)$6,8013,914 (63%)$7,145
2019-205,531 (89%)$7,3523,833 (67%)$7,789
2020-215,636 (91%)$7,5113,751 (68%)$7,828
2021-225,859 (91%)$7,9693,947 (60%)$7,815
2022-235,698 (92%)$7,8623,835 (63%)$8,354
Average5,344 (87.00%)$7,0394,000 (62.89%)$7,503
*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, 1,677 (42.56 % of students) received Pell (federal) grants and its average amount is $4,351. In addition, 2,234 students received State/local government grants/scholarships (39.89 % 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
2014-151,719 (42%)$4,0481,375 (21%)$7692,119 (39%)$2,2713,387 (59%)$3,686
2015-161,678 (42%)$4,1271,366 (21%)$7322,279 (39%)$2,3923,641 (56%)$3,558
2016-171,711 (43%)$4,1251,336 (21%)$8132,213 (37%)$2,1923,996 (60%)$3,607
2017-181,843 (43%)$4,2421,442 (20%)$8932,247 (39%)$2,5143,826 (64%)$4,007
2018-191,783 (43%)$4,3981,396 (23%)$8952,187 (36%)$2,5113,924 (60%)$3,926
2019-201,610 (43%)$4,4132,054 (44%)$1,2132,267 (41%)$2,4284,588 (66%)$3,843
2020-211,513 (43%)$4,3153,202 (45%)$1,2482,140 (40%)$2,8134,082 (66%)$4,596
2021-221,627 (39%)$4,7982,476 (46%)$1,2372,354 (44%)$2,6434,792 (68%)$4,447
2022-231,607 (45%)$4,6961,246 (28%)$7782,303 (44%)$2,6814,909 (71%)$4,427
Average1,677 (42.56%)$4,3511,766 (29.89%)$9532,234 (39.89%)$2,4944,127 (63.33%)$4,011

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, 4,000 (62.89 % of students) get any students loan help and its average loan amount is $4,000.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-154,063 (61%)$6,9513,944 (60%)$5,6461,217 (14%)$7,235
2015-164,143 (61%)$6,9404,003 (60%)$5,5131,326 (13%)$8,002
2016-174,152 (61%)$6,9814,045 (65%)$5,3791,380 (15%)$7,407
2017-184,359 (62%)$7,7254,246 (66%)$5,4251,482 (15%)$8,251
2018-193,914 (63%)$7,1453,818 (62%)$5,2001,240 (15%)$9,029
2019-203,833 (67%)$7,7893,739 (66%)$5,2041,338 (18%)$10,014
2020-213,751 (68%)$7,8283,611 (66%)$5,2841,343 (17%)$10,227
2021-223,947 (60%)$7,8153,840 (58%)$5,2141,390 (17%)$9,743
2022-233,835 (63%)$8,3543,720 (62%)$5,4251,431 (18%)$10,528
Average4,000 (62.89%)$7,5033,885 (62.78%)$5,3661,350 (15.78%)$8,937