Financial Aid Trends for Nebraska Colleges

6%

Received Percent Changed

$5,648

Received Amount Changes

For the academic year 2023-2024, 75% of students received grants and/or scholarships and its average aid amount is $14,220.

Compared to the percent of received 10 years ago, more students received the financial aid from 73% to 79%. The average financial aid amount has increased from $8,551 to $14,199 at Nebraska Colleges.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Nebraska Colleges since 2014. For that period, the average number of students who received grants aid/scholarships is 48,050, which is 74.56 % of all undergraduate students.

30,597 students which is 57.89% of undergraduate students received federal student loans and the average loan amount: $7,057.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1544,035 (73%)$8,55120,569 (39%)$3,87334,574 (64%)$7,021
2015-1645,057 (72%)$9,12820,618 (38%)$3,81434,285 (62%)$7,233
2016-1747,341 (72%)$9,58819,555 (37%)$3,88334,157 (61%)$7,046
2017-1846,575 (72%)$10,07919,802 (36%)$4,20532,491 (59%)$6,925
2018-1947,170 (73%)$10,96419,610 (34%)$4,27930,791 (59%)$7,096
2019-2048,697 (74%)$11,64819,283 (31%)$4,30529,138 (56%)$7,031
2020-2150,301 (77%)$13,15718,379 (29%)$4,53427,715 (54%)$7,131
2021-2252,851 (79%)$13,64218,191 (29%)$4,62726,707 (55%)$6,921
2022-2350,420 (79%)$14,19918,223 (28%)$4,73825,512 (51%)$7,113
Average48,050 (74.56%)$11,21719,359 (33.44%)$4,25130,597 (57.89%)$7,057
*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, 10,518 (89.44 % of students) received grants or scholarships and its average amount is $12,133. It can cover 70.74% of tuition & fees ($17,152) based on out-of-state rate. In addition, 6,332 (66.67 % of students) students get helped from the students loans (average amount : $6,966).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-159,654 (86%)$9,4686,869 (72%)$6,418
2015-169,570 (89%)$9,8246,728 (71%)$6,466
2016-179,715 (86%)$10,3106,677 (69%)$7,092
2017-1810,161 (90%)$11,1696,693 (68%)$7,130
2018-1910,769 (88%)$11,5166,665 (68%)$7,198
2019-2010,771 (89%)$12,8216,295 (66%)$7,269
2020-2111,312 (92%)$13,8505,524 (59%)$6,964
2021-2211,558 (92%)$15,0185,970 (65%)$6,889
2022-2311,153 (93%)$15,2185,564 (62%)$7,265
Average10,518 (89.44%)$12,1336,332 (66.67%)$6,966
*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, 3,809 (38.67 % of students) received Pell (federal) grants and its average amount is $4,503. In addition, 2,302 students received State/local government grants/scholarships (20.78 % 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
2014-153,792 (42%)$4,0481,295 (20%)$9151,955 (18%)$1,4248,504 (74%)$7,759
2015-163,747 (44%)$4,1901,295 (23%)$1,0151,918 (19%)$1,5388,511 (81%)$8,992
2016-173,643 (39%)$4,0731,203 (19%)$9451,951 (18%)$1,6168,880 (83%)$9,342
2017-183,913 (41%)$4,4931,389 (20%)$1,0322,291 (21%)$1,5899,307 (83%)$9,653
2018-193,985 (39%)$4,5091,394 (18%)$1,0132,331 (22%)$1,63810,017 (84%)$9,656
2019-203,770 (36%)$4,6054,068 (38%)$1,4942,384 (20%)$2,1499,857 (82%)$10,943
2020-213,908 (36%)$4,6304,464 (34%)$1,5462,646 (21%)$2,01110,316 (81%)$12,149
2021-223,888 (37%)$4,8206,134 (34%)$1,5642,688 (24%)$2,43710,498 (84%)$12,374
2022-233,631 (34%)$5,1561,529 (21%)$1,2492,558 (24%)$2,81610,476 (87%)$12,693
Average3,809 (38.67%)$4,5032,530 (25.22%)$1,1972,302 (20.78%)$1,9139,596 (82.11%)$10,396

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, 6,332 (66.67 % of students) get any students loan help and its average loan amount is $6,332.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-156,869 (72%)$6,4186,803 (72%)$5,785552 (7%)$8,929
2015-166,728 (71%)$6,4666,620 (69%)$5,552620 (9%)$9,394
2016-176,677 (69%)$7,0926,617 (68%)$5,663716 (10%)$10,562
2017-186,693 (68%)$7,1306,630 (68%)$5,688767 (10%)$10,952
2018-196,665 (68%)$7,1986,544 (68%)$5,4941,160 (11%)$10,944
2019-206,295 (66%)$7,2696,163 (65%)$5,4661,072 (11%)$11,988
2020-215,524 (59%)$6,9645,382 (58%)$5,370936 (10%)$11,198
2021-225,970 (65%)$6,8895,849 (64%)$5,235969 (10%)$11,816
2022-235,564 (62%)$7,2655,460 (61%)$5,268950 (12%)$12,272
Average6,332 (66.67%)$6,9666,230 (65.89%)$5,502860 (10.00%)$10,895