Scholarships, Grants, and Loan Trends at Heritage

5%

Received Percent Changed

$4,105

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 775, which is 96.33 % of all undergraduate students. 429 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $6,654.

For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 32% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Heritage University since 2014.

For that period, the average number of students who received grants aid/scholarships is 775, which is 96.33 % of all undergraduate students. 429 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $6,654.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15781 (91%)$14,059671 (78%)$4,328634 (74%)$7,683
2015-16803 (96%)$15,571602 (72%)$4,502576 (69%)$7,457
2016-17802 (99%)$15,554612 (76%)$4,439542 (67%)$6,401
2017-18765 (100%)$15,140576 (75%)$4,617453 (59%)$6,177
2018-19737 (95%)$15,077544 (70%)$4,771418 (54%)$6,048
2019-20779 (99%)$15,783542 (69%)$4,780411 (52%)$6,060
2020-21738 (91%)$15,102481 (59%)$4,753327 (40%)$6,766
2021-22809 (100%)$18,352524 (65%)$4,920246 (30%)$5,872
2022-23761 (96%)$18,164499 (63%)$4,977252 (32%)$7,420
Average775 (96.33%)$15,867561 (69.67%)$4,676429 (53.00%)$6,654
*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

For the last 10 years, on average, 99 (99.78 % of students) received grants or scholarships and its average amount is $17,391. It can cover 83.10% of tuition & fees ($20,928).

In addition, 33 (31.67 % of students) students get helped from the students loans (average amount : $3,929).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15121 (100%)$18,07867 (55%)$3,896
2015-16103 (100%)$19,12644 (43%)$5,016
2016-17108 (100%)$15,71447 (44%)$4,383
2017-18108 (100%)$15,74334 (31%)$3,599
2018-1995 (100%)$16,91532 (34%)$3,753
2019-2090 (100%)$18,73120 (22%)$3,563
2020-2164 (100%)$16,79814 (22%)$2,761
2021-2277 (100%)$17,92910 (13%)$3,031
2022-23126 (98%)$17,48627 (21%)$5,360
Average99 (99.78%)$17,39133 (31.67%)$3,929
*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, 74 (73.56 % of students) received Pell (federal) grants and its average amount is $4,915.

In addition, 85 students received State/local government grants/scholarships (85.00 % 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
2014-15102 (84%)$4,55472 (60%)$1,14296 (79%)$10,065121 (100%)$5,574
2015-1673 (71%)$4,82422 (21%)$38292 (89%)$9,477103 (100%)$7,161
2016-1781 (75%)$4,84129 (27%)$37688 (81%)$9,214108 (100%)$4,474
2017-1887 (81%)$4,70714 (13%)$5,14395 (88%)$9,910102 (94%)$2,718
2018-1966 (69%)$4,89449 (52%)$1,42271 (75%)$10,01282 (86%)$6,138
2019-2056 (62%)$5,29268 (76%)$1,36776 (84%)$11,31161 (68%)$7,162
2020-2150 (78%)$4,79249 (77%)$87257 (89%)$9,15147 (73%)$5,769
2021-2251 (66%)$5,22543 (56%)$1,44966 (86%)$9,92058 (75%)$6,846
2022-2397 (76%)$5,10652 (41%)$1,541120 (94%)$9,149118 (92%)$4,491
Average74 (73.56%)$4,91544 (47.00%)$1,52285 (85.00%)$9,80189 (87.56%)$5,593
*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, 33 (31.67 % of students) get any students loan help and its average loan amount is $33.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1567 (55%)$3,89667 (55%)$3,896--
2015-1644 (43%)$5,01644 (43%)$5,016--
2016-1747 (44%)$4,38346 (43%)$3,8544 (4%)$7,181
2017-1834 (31%)$3,59934 (31%)$3,4671 (1%)$4,500
2018-1932 (34%)$3,75332 (34%)$3,753--
2019-2020 (22%)$3,56319 (21%)$3,2251 (1%)$9,987
2020-2114 (22%)$2,76114 (22%)$2,761--
2021-2210 (13%)$3,03110 (13%)$3,031--
2022-2327 (21%)$5,36027 (21%)$5,360--
Average33 (31.67%)$3,92933 (31.44%)$3,8182 (2.00%)$7,223

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