Scholarships, Grants, and Loan Trends at Howard Payne

-4%

Received Percent Changed

$4,490

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 840, which is 85.89 % of all undergraduate students. 642 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,740.

For full-time, first-time beginning students (freshmen), 91.78% of students received grants or scholarships and 77% 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 Howard Payne University since 2014.

For that period, the average number of students who received grants aid/scholarships is 840, which is 85.89 % of all undergraduate students. 642 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,740.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,018 (95%)$14,113469 (44%)$4,029757 (71%)$6,885
2015-161,013 (94%)$14,747459 (43%)$4,077783 (73%)$6,735
2016-171,014 (92%)$15,602480 (44%)$3,964787 (72%)$6,428
2017-18871 (89%)$16,533421 (43%)$4,108677 (69%)$6,566
2018-19733 (76%)$18,039308 (32%)$4,808573 (60%)$6,581
2019-20805 (83%)$16,840355 (37%)$4,314622 (64%)$6,438
2020-21668 (68%)$17,929303 (31%)$4,787494 (50%)$6,339
2021-22735 (85%)$17,838332 (38%)$4,710577 (67%)$8,582
2022-23705 (91%)$18,603326 (42%)$4,723511 (66%)$6,107
Average840 (85.89%)$16,694384 (39.33%)$4,391642 (65.78%)$6,740
*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, 235 (91.78 % of students) received grants or scholarships and its average amount is $17,177. It can cover 49.10% of tuition & fees ($34,982).

In addition, 198 (77.22 % of students) students get helped from the students loans (average amount : $8,161).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15293 (98%)$16,677252 (84%)$8,625
2015-16273 (98%)$16,309225 (80%)$8,397
2016-17310 (95%)$15,633263 (81%)$8,894
2017-18239 (97%)$16,938203 (83%)$8,084
2018-19206 (83%)$16,925161 (65%)$9,000
2019-20212 (86%)$16,773180 (73%)$7,500
2020-21189 (90%)$17,565159 (75%)$7,380
2021-22201 (88%)$18,817187 (82%)$7,992
2022-23189 (91%)$18,957149 (72%)$7,575
Average235 (91.78%)$17,177198 (77.22%)$8,161
*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, 112 (43.67 % of students) received Pell (federal) grants and its average amount is $4,469.

In addition, 152 students received State/local government grants/scholarships (59.56 % 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
2014-15136 (45%)$4,27375 (25%)$1,026184 (61%)$3,277287 (96%)$12,633
2015-16128 (46%)$4,23062 (22%)$1,060181 (65%)$3,460270 (96%)$11,922
2016-17153 (47%)$4,02081 (25%)$999192 (59%)$3,216306 (94%)$11,546
2017-18122 (50%)$4,18563 (26%)$1,210158 (64%)$3,239237 (96%)$12,445
2018-1983 (33%)$4,50032 (13%)$1,367134 (54%)$3,301205 (83%)$12,815
2019-20101 (41%)$4,11751 (21%)$1,302119 (48%)$3,163211 (86%)$12,783
2020-2191 (43%)$4,83147 (22%)$1,345128 (61%)$2,761189 (90%)$13,035
2021-2299 (43%)$4,86454 (24%)$1,376136 (60%)$2,798201 (88%)$14,159
2022-2394 (45%)$5,20348 (23%)$1,502133 (64%)$3,109189 (91%)$13,800
Average112 (43.67%)$4,46957 (22.33%)$1,243152 (59.56%)$3,147233 (91.11%)$12,793
*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, 198 (77.22 % of students) get any students loan help and its average loan amount is $198.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15252 (84%)$8,625241 (80%)$5,96691 (30%)$8,084
2015-16225 (80%)$8,397221 (79%)$5,75951 (18%)$12,089
2016-17263 (81%)$8,894262 (81%)$5,08782 (25%)$12,274
2017-18203 (83%)$8,084202 (82%)$5,27647 (19%)$12,239
2018-19161 (65%)$9,000158 (64%)$5,37046 (19%)$13,053
2019-20180 (73%)$7,500176 (72%)$5,01636 (15%)$12,980
2020-21159 (75%)$7,380157 (74%)$5,10827 (13%)$13,758
2021-22187 (82%)$7,992165 (72%)$7,07325 (11%)$13,099
2022-23149 (72%)$7,575146 (70%)$5,32422 (11%)$15,971
Average198 (77.22%)$8,161192 (74.89%)$5,55347 (17.89%)$12,616

Ratings & Review

Share your experiences and thoughts about Howard Payne University. It will be a great help to applicants and prospective students!