All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Akron Main Campus since 2011.
For that period, the average number of students who received grants aid/scholarships is 11,428, which is 64.73 % of all undergraduate students. 9,377 students which is 51.27% of undergraduate students received federal student loans and the average loan amount is $6,558.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1214,462 (63%)$4,9679,869 (43%)$3,87714,762 (64%)$6,853
2012-1313,891 (63%)$5,1819,179 (41%)$3,86513,800 (62%)$7,061
2013-1413,065 (64%)$5,2368,043 (39%)$3,95912,212 (60%)$7,002
2014-1512,792 (65%)$5,5657,362 (37%)$4,04011,399 (58%)$6,847
2015-1612,114 (63%)$5,9206,608 (35%)$4,06810,253 (54%)$6,590
2016-1710,796 (62%)$6,5755,793 (33%)$4,2408,848 (51%)$6,711
2017-1810,703 (63%)$7,0005,724 (34%)$4,5088,471 (50%)$6,393
2018-1910,063 (64%)$7,2525,019 (32%)$4,7187,271 (47%)$6,283
2019-209,667 (65%)$7,4724,383 (29%)$4,7696,382 (43%)$6,211
2020-219,465 (69%)$7,6704,021 (29%)$4,8835,250 (38%)$6,080
2021-228,685 (71%)$7,8933,614 (29%)$4,8664,503 (37%)$6,104
Average11,428 (64.73%)$6,4306,329 (34.64%)$4,3459,377 (51.27%)$6,558

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 2,708 (85.27 % of students) received grants or scholarships and its average amount is $6,938. It can cover 40.24% of tuition & fees ($17,239) based on out-of-state rate.
In addition, 2,034 (61.55 % of students) students get helped from the students loans (average amount : $7,088).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-123,375 (77%)$5,4413,145 (72%)$6,611
2012-133,017 (77%)$5,8482,686 (68%)$6,815
2013-142,720 (76%)$6,0362,350 (65%)$7,369
2014-152,975 (81%)$6,3882,445 (67%)$7,249
2015-163,143 (83%)$6,9272,384 (63%)$7,219
2016-172,545 (85%)$7,8161,858 (62%)$7,205
2017-182,969 (89%)$7,6032,168 (65%)$6,822
2018-192,461 (90%)$7,2181,685 (61%)$7,311
2019-202,377 (89%)$7,1711,506 (56%)$7,647
2020-212,183 (95%)$7,3411,178 (52%)$6,778
2021-222,020 (96%)$8,525972 (46%)$6,940
Average2,708 (85.27%)$6,9382,034 (61.55%)$7,088
*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, 1,322 (39.73 % of students) received Pell (federal) grants and its average amount is $4,262.
In addition, 1,034 students received State/local government grants/scholarships (31.73 % 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
2011-122,199 (50%)$3,949737 (17%)$7481,688 (39%)$6531,725 (39%)$4,652
2012-131,838 (47%)$3,899440 (11%)$7291,403 (36%)$8181,688 (43%)$5,336
2013-141,529 (43%)$4,030773 (22%)$7451,171 (33%)$9541,670 (47%)$5,127
2014-151,462 (40%)$4,089463 (13%)$7511,124 (31%)$1,0372,210 (61%)$5,210
2015-161,486 (39%)$4,154513 (13%)$7131,084 (29%)$1,2802,363 (62%)$5,860
2016-171,252 (42%)$4,205416 (14%)$744938 (31%)$1,5061,905 (64%)$6,774
2017-181,425 (43%)$4,471424 (13%)$6321,112 (33%)$1,5262,267 (68%)$6,280
2018-191,103 (40%)$4,550380 (14%)$746835 (30%)$1,6202,077 (76%)$5,348
2019-20946 (35%)$4,541347 (13%)$854689 (26%)$2,0972,089 (78%)$5,269
2020-21894 (39%)$4,428268 (12%)$922679 (30%)$1,8681,886 (83%)$5,595
2021-22409 (19%)$4,571682 (32%)$3,728656 (31%)$2,1551,977 (94%)$5,764
Average1,322 (39.73%)$4,262495 (15.82%)$1,0281,034 (31.73%)$1,4101,987 (65.00%)$5,565
*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, 2,034 (61.55 % of students) get any students loan help and its average loan amount is $2,034.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-123,145 (72%)$6,6113,124 (71%)$5,683295 (7%)$10,296
2012-132,686 (68%)$6,8152,664 (68%)$5,950252 (6%)$9,737
2013-142,350 (65%)$7,3692,329 (65%)$6,045287 (8%)$11,288
2014-152,445 (67%)$7,2492,416 (66%)$5,847314 (9%)$11,453
2015-162,384 (63%)$7,2192,345 (62%)$5,512368 (10%)$11,641
2016-171,858 (62%)$7,2051,830 (61%)$5,795243 (8%)$11,445
2017-182,168 (65%)$6,8222,137 (64%)$5,505267 (8%)$11,334
2018-191,685 (61%)$7,3111,652 (60%)$5,301282 (10%)$12,627
2019-201,506 (56%)$7,6471,459 (55%)$5,361285 (11%)$12,963
2020-211,178 (52%)$6,7781,134 (50%)$5,027191 (8%)$11,960
2021-22972 (46%)$6,940935 (44%)$5,264162 (8%)$11,259
Average2,034 (61.55%)$7,0882,002 (60.55%)$5,572268 (8.45%)$11,455
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