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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at New Jersey Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 2,334, which is 75.90 % of all undergraduate students. 2,796 students which is 58.80% of undergraduate students received federal student loans and the average loan amount: $7,202.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-132,325 (72%)$12,5251,481 (44%)$4,1572,899 (62%)$7,524
2013-142,375 (72%)$12,4381,532 (42%)$4,1902,981 (60%)$7,268
2014-152,517 (73%)$13,3821,572 (43%)$4,2793,069 (62%)$7,319
2015-162,432 (72%)$13,1671,507 (42%)$4,2772,843 (61%)$7,201
2016-172,357 (73%)$13,1831,457 (42%)$4,2952,789 (60%)$7,320
2017-182,252 (77%)$13,2331,444 (45%)$4,7332,874 (60%)$7,383
2018-192,186 (77%)$13,6161,339 (43%)$5,0122,829 (59%)$7,284
2019-202,230 (77%)$13,4621,286 (42%)$4,8272,809 (58%)$7,017
2020-212,316 (82%)$13,7521,252 (42%)$5,7292,522 (55%)$7,007
2021-222,351 (84%)$15,2191,219 (41%)$5,7662,349 (51%)$6,699
Average2,334 (75.90%)$13,3981,409 (42.60%)$4,7272,796 (58.80%)$7,202

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 477 (85.10 % of students) received grants or scholarships and its average amount is $15,192. It can cover 57.04% of tuition & fees ($26,632) based on out-of-state rate. In addition, 530 (63.50 % of students) students get helped from the students loans (average amount : $7,501).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13448 (81%)$14,059520 (68%)$7,612
2013-14469 (84%)$14,878526 (66%)$7,857
2014-15504 (83%)$15,341560 (68%)$7,586
2015-16504 (83%)$15,476537 (66%)$7,396
2016-17518 (84%)$15,984558 (67%)$7,593
2017-18464 (84%)$14,794556 (65%)$7,094
2018-19476 (85%)$14,857601 (65%)$7,390
2019-20465 (83%)$15,013545 (62%)$7,626
2020-21453 (91%)$15,285436 (54%)$7,403
2021-22470 (93%)$16,235457 (54%)$7,454
Average477 (85.10%)$15,192530 (63.50%)$7,501
*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, 261 (47.20 % of students) received Pell (federal) grants and its average amount is $5,062. In addition, 286 students received State/local government grants/scholarships (38.80 % 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
2012-13246 (48%)$4,40794 (20%)$1,319249 (41%)$7,360360 (67%)$9,418
2013-14265 (50%)$4,61996 (21%)$1,445247 (38%)$7,721376 (69%)$10,045
2014-15281 (47%)$4,655100 (17%)$1,297267 (37%)$7,881410 (71%)$10,662
2015-16287 (47%)$4,636105 (17%)$1,346272 (38%)$7,850398 (70%)$11,005
2016-17286 (46%)$4,563105 (19%)$1,125288 (37%)$8,115412 (72%)$11,115
2017-18261 (49%)$4,918103 (21%)$1,082300 (38%)$8,028379 (70%)$10,214
2018-19264 (45%)$5,287107 (21%)$1,014341 (43%)$8,173390 (72%)$10,330
2019-20253 (47%)$5,133138 (42%)$1,923327 (41%)$8,492401 (67%)$10,249
2020-21232 (47%)$6,215163 (54%)$1,621287 (39%)$8,451369 (68%)$10,805
2021-22230 (46%)$6,190156 (54%)$1,904283 (36%)$9,096398 (79%)$11,045
Average261 (47.20%)$5,062117 (28.60%)$1,408286 (38.80%)$8,117389 (70.50%)$10,489
*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, 530 (63.50 % of students) get any students loan help and its average loan amount is $530.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13520 (68%)$7,612512 (67%)$5,85697 (9%)$13,411
2013-14526 (66%)$7,857514 (65%)$6,102106 (10%)$13,585
2014-15560 (68%)$7,586549 (67%)$6,000100 (10%)$12,505
2015-16537 (66%)$7,396524 (65%)$5,793104 (10%)$12,858
2016-17558 (67%)$7,593547 (66%)$5,791109 (11%)$13,324
2017-18556 (65%)$7,094543 (64%)$5,585118 (10%)$13,318
2018-19601 (65%)$7,390586 (64%)$5,634131 (11%)$14,444
2019-20545 (62%)$7,626531 (60%)$5,576122 (11%)$14,457
2020-21436 (54%)$7,403423 (53%)$5,56771 (8%)$14,143
2021-22457 (54%)$7,454445 (53%)$5,21188 (8%)$17,195
Average530 (63.50%)$7,501517 (62.40%)$5,712105 (9.80%)$13,924
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