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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 Rowan University since 2011.
For that period, the average number of students who received grants aid/scholarships is 6,683, which is 48.00 % of all undergraduate students. 7,605 students which is 55.91% of undergraduate students received federal student loans and the average loan amount is $6,837.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-124,156 (40%)$5,3313,107 (30%)$4,0216,155 (59%)$7,021
2012-134,363 (41%)$5,8403,220 (30%)$4,0406,249 (58%)$7,141
2013-144,367 (40%)$6,6863,257 (30%)$4,1096,212 (57%)$5,731
2014-155,147 (43%)$6,6453,614 (30%)$4,2197,095 (59%)$6,965
2015-165,668 (43%)$6,8614,086 (31%)$4,3947,830 (59%)$6,943
2016-176,064 (42%)$6,9054,536 (32%)$4,3368,461 (59%)$6,927
2017-186,606 (43%)$6,7105,108 (33%)$4,5408,854 (57%)$6,889
2018-198,216 (51%)$9,2165,307 (33%)$4,6549,013 (56%)$6,965
2019-208,794 (55%)$9,0535,166 (32%)$4,8118,967 (56%)$6,814
2020-219,765 (61%)$8,4735,036 (32%)$4,8497,962 (50%)$6,859
2021-2210,366 (69%)$9,3624,742 (31%)$4,9926,861 (45%)$6,953
Average6,683 (48.00%)$7,3714,289 (31.27%)$4,4517,605 (55.91%)$6,837

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,383 (63.91 % of students) received grants or scholarships and its average amount is $9,740. It can cover 38.10% of tuition & fees ($25,564) based on out-of-state rate.
In addition, 1,310 (60.82 % of students) students get helped from the students loans (average amount : $7,820).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12845 (54%)$8,295975 (63%)$7,453
2012-13848 (57%)$10,382926 (62%)$7,312
2013-14967 (64%)$10,196878 (58%)$7,714
2014-151,347 (59%)$9,1391,522 (67%)$6,593
2015-161,336 (60%)$9,5871,444 (65%)$6,555
2016-171,343 (56%)$9,3571,467 (61%)$7,111
2017-181,492 (61%)$9,5231,498 (61%)$6,586
2018-191,727 (65%)$9,9521,675 (63%)$9,438
2019-201,838 (68%)$10,1171,691 (63%)$9,421
2020-211,649 (75%)$9,3441,217 (55%)$8,798
2021-221,820 (84%)$11,2461,114 (51%)$9,044
Average1,383 (63.91%)$9,7401,310 (60.82%)$7,820
*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, 659 (30.55 % of students) received Pell (federal) grants and its average amount is $4,693.
In addition, 587 students received State/local government grants/scholarships (27.09 % 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
2011-12459 (29%)$4,302352 (23%)$254386 (25%)$6,019597 (38%)$4,392
2012-13447 (30%)$4,243243 (16%)$288369 (25%)$6,285648 (44%)$6,972
2013-14419 (28%)$4,471158 (11%)$414379 (25%)$6,208778 (52%)$7,157
2014-15650 (29%)$4,422301 (13%)$362608 (27%)$5,761943 (41%)$6,176
2015-16676 (30%)$4,692292 (13%)$354614 (28%)$6,084934 (42%)$6,207
2016-17691 (29%)$4,546302 (13%)$489622 (26%)$6,151939 (39%)$5,805
2017-18802 (33%)$4,712221 (9%)$405686 (28%)$6,234993 (40%)$6,106
2018-19872 (33%)$4,914310 (12%)$373777 (29%)$6,5461,212 (45%)$6,354
2019-20863 (32%)$4,970256 (10%)$338798 (30%)$6,4501,447 (54%)$6,270
2020-21695 (32%)$4,997181 (8%)$594620 (28%)$6,1731,316 (60%)$6,079
2021-22680 (31%)$5,354256 (12%)$525596 (27%)$7,7321,651 (76%)$7,319
Average659 (30.55%)$4,693261 (12.73%)$400587 (27.09%)$6,3311,042 (48.27%)$6,258
*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, 1,310 (60.82 % of students) get any students loan help and its average loan amount is $1,310.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12975 (63%)$7,453961 (62%)$5,456143 (9%)$14,150
2012-13926 (62%)$7,312900 (61%)$5,581130 (9%)$13,449
2013-14878 (58%)$7,714859 (57%)$5,532139 (9%)$14,538
2014-151,522 (67%)$6,5931,491 (65%)$5,607114 (5%)$14,690
2015-161,444 (65%)$6,5551,437 (65%)$5,545105 (5%)$14,257
2016-171,467 (61%)$7,1111,455 (61%)$5,491152 (6%)$16,068
2017-181,498 (61%)$6,5861,486 (60%)$5,52799 (4%)$16,698
2018-191,675 (63%)$9,4381,633 (61%)$5,512406 (15%)$16,768
2019-201,691 (63%)$9,4211,634 (61%)$5,381413 (15%)$17,283
2020-211,217 (55%)$8,7981,171 (53%)$5,360259 (12%)$17,107
2021-221,114 (51%)$9,0441,065 (49%)$5,458246 (11%)$17,326
Average1,310 (60.82%)$7,8201,281 (59.55%)$5,495201 (9.09%)$15,667

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