Financial Aid Trends for New Hampshire Colleges

11%

Received Percent Changed

$5,544

Received Amount Changes

For the academic year 2023-2024, 81% of students received grants and/or scholarships and its average aid amount is $20,170.

Compared to the percent of received 10 years ago, more students received the financial aid from 72% to 83%. The average financial aid amount has increased from $15,095 to $20,639 at New Hampshire Colleges.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at New Hampshire Colleges since 2014. For that period, the average number of students who received grants aid/scholarships is 67,685, which is 79.67 % of all undergraduate students.

74,500 students which is 64.89% of undergraduate students received federal student loans and the average loan amount: $6,765.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1539,115 (72%)$15,09522,304 (33%)$3,85743,858 (67%)$7,094
2015-1648,067 (76%)$14,45429,649 (33%)$3,95753,865 (67%)$6,817
2016-1753,084 (77%)$15,18233,541 (33%)$3,96861,131 (68%)$6,654
2017-1862,484 (80%)$16,47742,375 (34%)$4,13571,232 (68%)$7,107
2018-1969,815 (79%)$17,51948,637 (32%)$4,26678,122 (64%)$7,021
2019-2075,090 (82%)$18,23351,519 (32%)$4,35481,717 (63%)$6,653
2020-2181,266 (83%)$19,13457,736 (31%)$4,41988,582 (63%)$6,326
2021-2285,371 (85%)$20,19862,646 (31%)$4,51291,903 (62%)$6,408
2022-2394,873 (83%)$20,63972,422 (30%)$4,735100,094 (62%)$6,804
Average67,685 (79.67%)$17,43746,759 (32.11%)$4,24574,500 (64.89%)$6,765
*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, 8,605 (88.67 % of students) received grants or scholarships and its average amount is $19,084. It can cover 65.82% of tuition & fees ($28,993) based on out-of-state rate. In addition, 7,188 (71.78 % of students) students get helped from the students loans (average amount : $8,002).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-158,103 (86%)$15,4697,739 (76%)$7,915
2015-168,510 (85%)$16,2897,814 (74%)$7,898
2016-178,450 (88%)$17,0897,461 (76%)$8,108
2017-188,725 (89%)$18,0637,448 (73%)$8,205
2018-199,270 (88%)$19,3387,794 (71%)$8,225
2019-209,117 (91%)$20,3467,371 (71%)$7,938
2020-218,761 (91%)$20,9856,322 (69%)$7,528
2021-227,994 (91%)$21,5796,144 (68%)$8,058
2022-238,517 (89%)$22,5966,603 (68%)$8,146
Average8,605 (88.67%)$19,0847,188 (71.78%)$8,002
*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, 3,301 (36.00 % of students) received Pell (federal) grants and its average amount is $4,401. In addition, 607 students received State/local government grants/scholarships (11.44 % 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
2014-153,216 (37%)$4,1441,801 (21%)$1,117506 (9%)$1,0627,014 (77%)$14,188
2015-163,435 (37%)$4,0902,015 (21%)$972488 (8%)$1,8857,465 (77%)$15,015
2016-173,133 (37%)$4,1801,797 (20%)$989531 (9%)$1,8467,607 (80%)$15,654
2017-183,337 (38%)$4,2651,849 (20%)$1,066413 (9%)$1,7447,814 (82%)$16,893
2018-193,514 (36%)$4,4911,904 (21%)$1,126566 (12%)$1,6078,122 (81%)$17,953
2019-203,594 (39%)$4,4013,868 (43%)$1,073672 (11%)$1,9487,821 (85%)$18,489
2020-213,297 (35%)$4,5732,808 (40%)$1,354834 (16%)$1,7277,423 (84%)$19,077
2021-222,913 (32%)$4,6373,033 (39%)$1,485722 (14%)$2,0276,621 (84%)$19,460
2022-233,268 (33%)$4,8291,322 (21%)$1,414735 (15%)$2,7026,835 (83%)$20,577
Average3,301 (36.00%)$4,4012,266 (27.33%)$1,177607 (11.44%)$1,8397,414 (81.44%)$17,478

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, 7,188 (71.78 % of students) get any students loan help and its average loan amount is $7,188.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-157,739 (76%)$7,9157,415 (74%)$6,0131,845 (15%)$12,651
2015-167,814 (74%)$7,8987,429 (71%)$5,6842,031 (19%)$13,378
2016-177,461 (76%)$8,1087,138 (74%)$5,5752,017 (19%)$13,035
2017-187,448 (73%)$8,2057,116 (71%)$5,8301,888 (18%)$13,430
2018-197,794 (71%)$8,2257,377 (68%)$5,6082,117 (21%)$13,664
2019-207,371 (71%)$7,9386,891 (67%)$5,1852,052 (20%)$13,280
2020-216,322 (69%)$7,5285,961 (67%)$5,0121,568 (19%)$13,535
2021-226,144 (68%)$8,0585,654 (65%)$5,2121,695 (19%)$14,389
2022-236,603 (68%)$8,1466,094 (63%)$5,2381,737 (17%)$14,385
Average7,188 (71.78%)$8,0026,786 (68.89%)$5,4841,883 (18.56%)$13,527