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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 Paine College since 2011.
For that period, the average number of students who received grants aid/scholarships is 534, which is 93.82 % of all undergraduate students. 470 students which is 79.55% of undergraduate students received federal student loans and the average loan amount is $7,753.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12818 (92%)$6,882715 (80%)$4,315798 (90%)$6,990
2012-13763 (91%)$6,790645 (77%)$4,470740 (88%)$7,224
2013-14839 (93%)$7,912705 (78%)$4,600760 (84%)$8,264
2014-15812 (96%)$16,018677 (80%)$4,484742 (88%)$8,409
2015-16525 (95%)$8,141434 (78%)$4,610489 (88%)$8,928
2016-17366 (74%)$7,797193 (39%)$4,508214 (43%)$7,732
2017-18413 (97%)$9,605284 (67%)$4,886306 (72%)$8,258
2018-19466 (99%)$11,936392 (84%)$5,359397 (85%)$7,747
2019-20440 (98%)$9,541372 (83%)$5,194391 (87%)$8,205
2020-21186 (98%)$11,687149 (79%)$4,528148 (78%)$5,970
2021-22248 (99%)$13,636171 (68%)$5,092180 (72%)$7,554
Average534 (93.82%)$9,995431 (73.91%)$4,731470 (79.55%)$7,753

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 128 (95.73 % of students) received grants or scholarships and its average amount is $9,656. It can cover 66.15% of tuition & fees ($14,596).
In addition, 121 (87.73 % of students) students get helped from the students loans (average amount : $8,323).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12168 (92%)$6,631161 (88%)$5,961
2012-13168 (97%)$7,135156 (90%)$6,983
2013-14216 (89%)$8,559216 (89%)$7,824
2014-15167 (84%)$6,322167 (84%)$7,851
2015-16128 (96%)$7,703125 (94%)$9,372
2016-17104 (100%)$8,13198 (94%)$10,539
2017-1894 (100%)$10,13885 (90%)$10,487
2018-19181 (100%)$13,974165 (91%)$8,816
2019-2091 (95%)$11,83590 (94%)$10,663
2020-2120 (100%)$14,02815 (75%)$5,069
2021-2271 (100%)$11,75554 (76%)$7,985
Average128 (95.73%)$9,656121 (87.73%)$8,323
*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, 116 (85.18 % of students) received Pell (federal) grants and its average amount is $4,838.
In addition, 89 students received State/local government grants/scholarships (68.64 % 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
2011-12148 (81%)$4,41720 (11%)$1,05599 (54%)$1,31063 (34%)$4,913
2012-13145 (84%)$4,74864 (37%)$901110 (64%)$1,07571 (41%)$4,708
2013-14201 (82%)$4,546108 (44%)$729126 (52%)$1,050105 (43%)$6,893
2014-15166 (83%)$4,12372 (36%)$1,251123 (62%)$1,04146 (23%)$3,330
2015-16110 (83%)$4,59479 (59%)$1,118106 (80%)$1,32647 (35%)$5,358
2016-17100 (96%)$4,87356 (54%)$1,57285 (82%)$1,03633 (32%)$5,521
2017-1884 (89%)$4,94942 (45%)$1,70667 (71%)$1,13854 (57%)$7,211
2018-19168 (93%)$5,48447 (26%)$1,498144 (80%)$1,429174 (96%)$7,654
2019-2084 (88%)$5,44730 (31%)$2,35878 (81%)$1,56349 (51%)$8,709
2020-2117 (85%)$4,82911 (55%)$2,28618 (90%)$1,95119 (95%)$7,274
2021-2252 (73%)$5,20829 (41%)$2,34228 (39%)$72955 (77%)$8,645
Average116 (85.18%)$4,83851 (39.91%)$1,52989 (68.64%)$1,24165 (53.09%)$6,383
*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, 121 (87.73 % of students) get any students loan help and its average loan amount is $121.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12161 (88%)$5,961160 (87%)$5,9142 (1%)$6,720
2012-13156 (90%)$6,983156 (90%)$6,9391 (1%)$6,870
2013-14216 (89%)$7,824216 (89%)$7,28615 (6%)$7,746
2014-15167 (84%)$7,851167 (84%)$7,6742 (1%)$14,717
2015-16125 (94%)$9,372125 (94%)$8,76018 (14%)$4,246
2016-1798 (94%)$10,53998 (94%)$8,15641 (39%)$5,696
2017-1885 (90%)$10,48784 (89%)$7,49738 (40%)$6,885
2018-19165 (91%)$8,816165 (91%)$6,41769 (38%)$5,738
2019-2090 (94%)$10,66390 (94%)$7,27946 (48%)$6,621
2020-2115 (75%)$5,06915 (75%)$3,7772 (10%)$9,694
2021-2254 (76%)$7,98554 (76%)$7,985--
Average121 (87.73%)$8,323121 (87.55%)$7,06223 (19.80%)$7,493

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