Scholarship, Grant, Loan Amount Trends at Framingham State University
Over the past 9 years (2012-2020), the average number of students who received grants aid/scholarships is 2,324 (54.75 % of all undergraduate students) and 2,709 (63.50 % of all undergraduate students) students received federal student loans (average loan amount: $7,232). For full-time beginning students (freshmen), 577 (73.13 % of students) received grants or scholarships and 591 received student loans on average.
All Undergraduate Students Financial Aid Over Time
The following table and chart show the trends of financial aid for all undergraduate students at Framingham State University since 2020. For that period, the average number of students who received grants aid/scholarships is 2,324 (54.75 % of all undergraduate students) and 2,709 (63.50 % of all undergraduate students) students received federal student loans (average loan amount: $7,232).
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2012-13 | 2,407 (54%) | $4,262 | 1,270 (28%) | $3,826 | 2,999 (67%) | $6,901 |
| 2013-14 | 2,290 (50%) | $11,698 | 1,355 (30%) | $3,997 | 2,948 (64%) | $7,253 |
| 2014-15 | 2,454 (57%) | $4,780 | 1,378 (32%) | $3,973 | 2,819 (65%) | $7,421 |
| 2015-16 | 2,213 (49%) | $4,920 | 1,358 (30%) | $4,169 | 2,858 (64%) | $7,616 |
| 2016-17 | 2,324 (54%) | $5,271 | 1,358 (31%) | $4,094 | 2,651 (61%) | $7,520 |
| 2017-18 | 2,377 (58%) | $5,742 | 1,460 (35%) | $4,381 | 2,585 (63%) | $8,020 |
| 2018-19 | 2,212 (56%) | $6,388 | 1,444 (37%) | $4,498 | 2,437 (62%) | $6,534 |
| 2019-20 | 2,311 (60%) | $6,586 | 1,421 (37%) | $4,585 | 2,378 (62%) | $6,594 |
| Average | 2,324 (54.75%) | $6,206 | 1,381 (32.50%) | $4,190 | 2,709 (63.50%) | $7,232 |
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile of number of students receiving aids among all undergraduate students..
Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time
For the last 8 years, on average, 577 (73.13 % of students) received grants or scholarships and its average amount is $5,729. In addition, 591 (75.00 % of students) students get helped from the students loans (average amount : $7,436).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2012-13 | 693 (84%) | $3,999 | 618 (75%) | $7,367 |
| 2013-14 | 536 (67%) | $5,057 | 632 (79%) | $8,301 |
| 2014-15 | 676 (84%) | $4,169 | 615 (76%) | $7,955 |
| 2015-16 | 555 (66%) | $6,090 | 656 (78%) | $6,670 |
| 2016-17 | 517 (70%) | $5,851 | 547 (74%) | $7,217 |
| 2017-18 | 522 (69%) | $7,020 | 561 (74%) | $7,469 |
| 2018-19 | 449 (59%) | $7,408 | 500 (66%) | $7,323 |
| 2019-20 | 664 (86%) | $6,237 | 601 (78%) | $7,183 |
| Average | 577 (73.13%) | $5,729 | 591 (75.00%) | $7,436 |
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile 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 8 years, on average, 303 (38.63 % of students) received Pell (federal) grants and its average amount is $4,416. In addition, 434 students received State/local government grants/scholarships (55.13 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2012-13 | 250 (30%) | $4,086 | 1 (0%) | $2,381 | 452 (55%) | $2,080 | 632 (77%) | $1,278 |
| 2013-14 | 283 (35%) | $4,190 | 67 (8%) | $514 | 463 (58%) | $1,571 | 419 (52%) | $1,821 |
| 2014-15 | 267 (33%) | $4,468 | 74 (9%) | $621 | 402 (50%) | $2,058 | 413 (51%) | $1,821 |
| 2015-16 | 318 (38%) | $4,447 | 218 (26%) | $254 | 468 (55%) | $2,222 | 465 (55%) | $1,872 |
| 2016-17 | 292 (40%) | $4,275 | 215 (29%) | $205 | 405 (55%) | $2,272 | 413 (56%) | $1,967 |
| 2017-18 | 353 (47%) | $4,541 | 250 (33%) | $181 | 447 (59%) | $2,447 | 445 (59%) | $2,072 |
| 2018-19 | 299 (39%) | $4,670 | 218 (29%) | $192 | 379 (50%) | $2,856 | 388 (51%) | $2,075 |
| 2019-20 | 360 (47%) | $4,653 | 250 (32%) | $394 | 452 (59%) | $2,722 | 625 (81%) | $1,820 |
| Average | 303 (38.63%) | $4,416 | 162 (23.71%) | $593 | 434 (55.13%) | $2,279 | 475 (60.25%) | $1,841 |
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile 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 8 years, on average, 591 (75.00 % of students) get any students loan help and its average loan amount is $591.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2012-13 | 618 (75%) | $7,367 | 606 (74%) | $6,291 | 170 (21%) | $4,354 |
| 2013-14 | 632 (79%) | $8,301 | 621 (77%) | $6,521 | 211 (26%) | $5,672 |
| 2014-15 | 615 (76%) | $7,955 | 608 (76%) | $6,707 | 130 (16%) | $6,261 |
| 2015-16 | 656 (78%) | $6,670 | 640 (76%) | $5,346 | 260 (31%) | $3,668 |
| 2016-17 | 547 (74%) | $7,217 | 535 (72%) | $5,397 | 241 (33%) | $4,400 |
| 2017-18 | 561 (74%) | $7,469 | 558 (74%) | $5,513 | 245 (32%) | $4,546 |
| 2018-19 | 500 (66%) | $7,323 | 495 (65%) | $5,933 | 195 (26%) | $3,717 |
| 2019-20 | 601 (78%) | $7,183 | 585 (76%) | $5,443 | 267 (35%) | $4,243 |
| Average | 591 (75.00%) | $7,436 | 581 (73.75%) | $5,894 | 215 (27.50%) | $4,608 |
