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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 Finlandia University since 2011.
For that period, the average number of students who received grants aid/scholarships is 455, which is 93.82 % of all undergraduate students. 400 students which is 82.73% of undergraduate students received federal student loans and the average loan amount is $6,385.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12592 (98%)$5,669380 (63%)$2,226583 (97%)$6,149
2012-13492 (86%)$14,202369 (65%)$3,756474 (83%)$7,503
2013-14488 (93%)$8,791293 (56%)$2,349408 (78%)$4,261
2014-15486 (99%)$10,815260 (53%)$2,222368 (75%)$4,596
2015-16531 (99%)$10,133320 (60%)$3,947405 (76%)$6,990
2016-17443 (87%)$9,730290 (57%)$3,854398 (79%)$9,405
2017-18398 (99%)$5,734205 (51%)$2,163362 (90%)$2,837
2018-19402 (88%)$14,119221 (48%)$4,246384 (84%)$7,458
2019-20369 (89%)$11,914225 (54%)$3,854334 (81%)$3,319
2020-21402 (100%)$8,949202 (50%)$4,392340 (85%)$10,924
2021-22400 (94%)$15,818198 (47%)$4,501347 (82%)$6,788
Average455 (93.82%)$10,534269 (54.91%)$3,410400 (82.73%)$6,385

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 122 (98.55 % of students) received grants or scholarships and its average amount is $12,396. It can cover 47.61% of tuition & fees ($26,036).
In addition, 96 (78.09 % of students) students get helped from the students loans (average amount : $7,601).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12141 (100%)$10,198109 (77%)$7,831
2012-13117 (97%)$10,95686 (71%)$8,360
2013-1498 (93%)$10,08381 (77%)$7,661
2014-1599 (94%)$7,64386 (82%)$7,968
2015-16162 (100%)$9,040130 (80%)$9,064
2016-17152 (100%)$9,638124 (82%)$7,172
2017-1898 (100%)$10,09581 (83%)$5,798
2018-19108 (100%)$13,50895 (88%)$5,343
2019-20116 (100%)$15,48594 (81%)$7,075
2020-21111 (100%)$23,98788 (79%)$7,948
2021-22136 (100%)$15,72280 (59%)$9,386
Average122 (98.55%)$12,39696 (78.09%)$7,601
*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 12 years, on average, 70 (56.36 % of students) received Pell (federal) grants and its average amount is $3,943.
In addition, 60 students received State/local government grants/scholarships (49.27 % 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
2011-1292 (65%)$3,40992 (65%)$1,82669 (49%)$2,036141 (100%)$5,786
2012-1383 (69%)$3,59983 (69%)$1,35170 (58%)$1,757117 (97%)$6,393
2013-1455 (52%)$4,97555 (52%)$1,50054 (51%)$1,72298 (93%)$5,500
2014-1552 (50%)$4,15753 (50%)$1,88763 (60%)$1,85699 (94%)$3,269
2015-16104 (64%)$4,244104 (64%)$1,73981 (50%)$1,714162 (100%)$4,342
2016-1785 (56%)$3,80585 (56%)$1,80773 (48%)$1,743152 (100%)$5,663
2017-1850 (51%)$3,38550 (51%)$1,50041 (42%)$1,37198 (100%)$7,029
2018-1955 (51%)$4,33255 (51%)$1,50056 (52%)$2,522108 (100%)$9,230
2019-2064 (55%)$4,55864 (55%)$2,69750 (43%)$3,859116 (100%)$9,819
2020-2163 (57%)$4,14063 (57%)$1,50064 (58%)$3,687111 (100%)$18,660
2021-2268 (50%)$2,774122 (90%)$3,58342 (31%)$3,439136 (100%)$10,058
Average70 (56.36%)$3,94375 (60.00%)$1,89960 (49.27%)$2,337122 (98.55%)$7,795
*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 12 years, on average, 96 (78.09 % of students) get any students loan help and its average loan amount is $96.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12109 (77%)$7,831107 (76%)$7,51310 (7%)$4,974
2012-1386 (71%)$8,36086 (71%)$7,29011 (9%)$8,373
2013-1481 (77%)$7,66181 (77%)$6,4288 (8%)$12,486
2014-1586 (82%)$7,96886 (82%)$5,96815 (14%)$11,466
2015-16130 (80%)$9,064130 (80%)$5,29858 (36%)$8,443
2016-17124 (82%)$7,172124 (82%)$5,58717 (11%)$11,557
2017-1881 (83%)$5,79881 (83%)$4,64414 (14%)$6,679
2018-1995 (88%)$5,34382 (76%)$4,92313 (12%)$7,992
2019-2094 (81%)$7,07594 (81%)$5,19015 (13%)$11,813
2020-2188 (79%)$7,94888 (79%)$6,10613 (12%)$12,466
2021-2280 (59%)$9,38680 (59%)$6,76617 (13%)$12,329
Average96 (78.09%)$7,60194 (76.91%)$5,97417 (13.55%)$9,871

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