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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 Rhode Island Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 3,480, which is 70.80 % of all undergraduate students. 2,730 students which is 57.90% of undergraduate students received federal student loans and the average loan amount: $7,173.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-133,442 (67%)$14,1601,317 (27%)$4,0343,063 (61%)$7,395
2013-143,536 (68%)$15,3921,347 (27%)$4,1193,058 (62%)$7,546
2014-153,631 (69%)$15,7611,370 (27%)$4,2113,066 (60%)$7,565
2015-163,642 (69%)$16,3661,342 (26%)$4,2013,051 (60%)$7,300
2016-173,670 (68%)$16,9961,329 (26%)$4,2302,989 (58%)$7,079
2017-183,662 (69%)$18,2171,369 (28%)$4,4522,926 (58%)$7,222
2018-193,247 (68%)$17,8371,172 (26%)$4,3702,750 (57%)$6,766
2019-203,339 (74%)$18,6841,103 (28%)$4,6912,285 (55%)$6,970
2020-213,445 (80%)$19,7381,053 (28%)$4,7792,137 (55%)$6,904
2021-223,186 (76%)$21,377973 (28%)$4,9401,978 (53%)$6,982
Average3,480 (70.80%)$17,4531,238 (27.10%)$4,4032,730 (57.90%)$7,173

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

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 865 (78.60 % of students) received grants or scholarships and its average amount is $19,277. It can cover 61.86% of tuition & fees ($31,162) based on out-of-state rate. In addition, 692 (63.50 % of students) students get helped from the students loans (average amount : $9,478).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13898 (74%)$16,907777 (64%)$8,545
2013-14957 (78%)$17,805811 (67%)$8,716
2014-15967 (77%)$18,145822 (64%)$9,520
2015-16845 (77%)$17,641722 (67%)$9,023
2016-17905 (78%)$17,918760 (65%)$9,449
2017-18891 (79%)$19,293740 (66%)$9,461
2018-19825 (76%)$20,581663 (62%)$10,073
2019-20811 (79%)$20,660593 (57%)$10,497
2020-21796 (86%)$21,306517 (59%)$9,745
2021-22753 (82%)$22,511514 (64%)$9,755
Average865 (78.60%)$19,277692 (63.50%)$9,478
*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, 282 (30.50 % of students) received Pell (federal) grants and its average amount is $4,639. In addition, 148 students received State/local government grants/scholarships (11.20 % 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
2012-13307 (26%)$4,150174 (19%)$1,416229 (18%)$693851 (68%)$15,462
2013-14329 (27%)$4,250199 (22%)$1,420223 (18%)$702906 (73%)$16,461
2014-15331 (27%)$4,432197 (20%)$1,416219 (18%)$499925 (73%)$16,753
2015-16283 (33%)$4,416169 (18%)$1,401112 (7%)$823812 (73%)$15,783
2016-17307 (33%)$4,394185 (20%)$1,244120 (9%)$4,198954 (71%)$17,758
2017-18310 (33%)$4,677156 (23%)$1,346112 (9%)$2,080951 (77%)$18,923
2018-19276 (30%)$4,863120 (20%)$1,497119 (8%)$3,101889 (77%)$20,232
2019-20256 (29%)$5,075330 (39%)$1,172150 (9%)$2,625849 (77%)$20,023
2020-21218 (33%)$5,030344 (43%)$1,210105 (7%)$2,595754 (69%)$19,191
2021-22204 (34%)$5,107323 (37%)$1,83194 (9%)$2,531742 (69%)$19,554
Average282 (30.50%)$4,639220 (26.10%)$1,395148 (11.20%)$1,985863 (72.70%)$18,014
*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, 692 (63.50 % of students) get any students loan help and its average loan amount is $692.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13777 (64%)$8,545771 (63%)$5,884113 (11%)$15,733
2013-14811 (67%)$8,716802 (66%)$5,911126 (12%)$16,689
2014-15822 (64%)$9,520812 (63%)$6,335133 (12%)$17,431
2015-16722 (67%)$9,023715 (66%)$5,781146 (15%)$17,289
2016-17760 (65%)$9,449752 (64%)$5,821159 (16%)$17,879
2017-18740 (66%)$9,461726 (64%)$5,944144 (14%)$19,810
2018-19663 (62%)$10,073655 (61%)$5,768150 (15%)$20,606
2019-20593 (57%)$10,497575 (56%)$6,067203 (16%)$20,136
2020-21517 (59%)$9,745503 (58%)$5,572158 (14%)$22,720
2021-22514 (64%)$9,755499 (63%)$5,712156 (14%)$22,603
Average692 (63.50%)$9,478681 (62.40%)$5,880149 (13.90%)$19,090
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