Scholarships, Grants, and Loan Trends at ODU

9%

Received Percent Changed

$4,334

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 11,374, which is 58.78 % of all undergraduate students. 10,226 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,021.

For full-time, first-time beginning students (freshmen), 91.67% of students received grants or scholarships and 63% 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 Old Dominion University since 2014.

For that period, the average number of students who received grants aid/scholarships is 11,374, which is 58.78 % of all undergraduate students. 10,226 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,021.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1511,033 (55%)$6,3487,349 (37%)$4,09411,430 (57%)$7,319
2015-1610,765 (54%)$6,8997,383 (37%)$4,16811,366 (57%)$7,213
2016-1711,269 (57%)$7,1287,392 (37%)$4,18511,197 (57%)$7,179
2017-1811,585 (59%)$7,4887,769 (40%)$4,42810,972 (56%)$7,179
2018-1911,881 (61%)$7,5737,599 (39%)$4,55010,762 (56%)$7,034
2019-2011,422 (60%)$8,1057,307 (38%)$4,66710,323 (54%)$7,000
2020-2111,384 (58%)$8,4287,013 (36%)$4,7519,775 (50%)$6,803
2021-2211,318 (61%)$8,8586,901 (37%)$4,7338,464 (45%)$6,770
2022-2311,709 (64%)$10,6826,787 (37%)$5,0097,748 (42%)$6,689
Average11,374 (58.78%)$7,9457,278 (37.56%)$4,50910,226 (52.67%)$7,021
*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, 2,702 (91.67 % of students) received grants or scholarships and its average amount is $8,200. It can cover 24.28% of tuition & fees ($33,780) based on out-of-state rate.

In addition, 1,865 (63.44 % of students) students get helped from the students loans (average amount : $7,337).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,381 (86%)$7,8871,882 (68%)$7,354
2015-162,646 (90%)$8,8491,947 (67%)$8,252
2016-172,504 (92%)$7,2701,841 (68%)$6,971
2017-182,707 (93%)$7,6921,899 (65%)$7,262
2018-192,953 (94%)$7,6412,201 (70%)$7,426
2019-202,896 (93%)$7,6972,111 (68%)$7,627
2020-212,797 (91%)$7,7021,788 (58%)$6,911
2021-222,586 (92%)$9,0581,512 (54%)$6,860
2022-232,848 (94%)$10,0061,602 (53%)$7,368
Average2,702 (91.67%)$8,2001,865 (63.44%)$7,337
*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, 1,279 (43.44 % of students) received Pell (federal) grants and its average amount is $4,857.

In addition, 1,340 students received State/local government grants/scholarships (45.89 % 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
2014-151,083 (39%)$4,66555 (2%)$3,2311,316 (48%)$6,9431,311 (47%)$3,366
2015-161,188 (41%)$4,521362 (12%)$4871,485 (51%)$6,9741,917 (65%)$3,917
2016-171,171 (43%)$4,626410 (15%)$4831,297 (48%)$4,6401,906 (70%)$3,447
2017-181,317 (45%)$4,724422 (14%)$4861,234 (42%)$4,7202,241 (77%)$3,825
2018-191,409 (45%)$4,904543 (17%)$5611,314 (42%)$4,7232,385 (76%)$3,833
2019-201,392 (45%)$4,909324 (10%)$9891,167 (38%)$5,1862,159 (69%)$4,208
2020-211,299 (42%)$4,989305 (10%)$1,1751,108 (36%)$5,1752,045 (66%)$4,386
2021-221,282 (46%)$5,011285 (10%)$9611,509 (54%)$5,3621,857 (66%)$4,649
2022-231,369 (45%)$5,363353 (12%)$9591,630 (54%)$5,1972,264 (75%)$5,453
Average1,279 (43.44%)$4,857340 (11.33%)$1,0371,340 (45.89%)$5,4362,009 (67.89%)$4,120
*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, 1,865 (63.44 % of students) get any students loan help and its average loan amount is $1,865.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,882 (68%)$7,3541,867 (68%)$5,962219 (8%)$12,371
2015-161,947 (67%)$8,2521,924 (66%)$7,020201 (7%)$12,731
2016-171,841 (68%)$6,9711,799 (66%)$5,620204 (7%)$13,352
2017-181,899 (65%)$7,2621,861 (64%)$5,685235 (8%)$13,660
2018-192,201 (70%)$7,4262,174 (69%)$5,618297 (9%)$13,912
2019-202,111 (68%)$7,6272,063 (66%)$5,600297 (10%)$15,313
2020-211,788 (58%)$6,9111,752 (57%)$5,222211 (7%)$15,206
2021-221,512 (54%)$6,8601,458 (52%)$5,318186 (7%)$14,079
2022-231,602 (53%)$7,3681,568 (52%)$5,289234 (8%)$15,001
Average1,865 (63.44%)$7,3371,830 (62.22%)$5,704232 (7.89%)$13,958

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