Scholarships, Grants, and Loan Trends at URG

-16%

Received Percent Changed

$1,448

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,177, which is 66.22 % of all undergraduate students. 966 students which is 54.00% of undergraduate students received federal student loans and the average loan amount is $6,857.

For full-time, first-time beginning students (freshmen), 73.78% of students received grants or scholarships and 61% 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 University of Rio Grande since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,177, which is 66.22 % of all undergraduate students. 966 students which is 54.00% of undergraduate students received federal student loans and the average loan amount is $6,857.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,542 (72%)$6,5541,220 (57%)$4,2661,372 (64%)$8,254
2015-161,297 (64%)$7,222971 (48%)$3,9591,119 (55%)$6,634
2016-171,318 (71%)$7,464986 (53%)$4,0131,172 (63%)$7,157
2017-181,222 (70%)$7,976910 (52%)$4,3571,035 (59%)$7,627
2018-191,072 (64%)$7,599774 (46%)$4,459883 (53%)$1,902
2019-201,017 (66%)$8,149726 (47%)$4,447774 (50%)$7,616
2020-211,039 (68%)$8,096758 (49%)$4,474803 (52%)$7,528
2021-221,088 (65%)$7,938725 (44%)$4,581809 (49%)$7,698
2022-23998 (56%)$8,002636 (36%)$4,829725 (41%)$7,296
Average1,177 (66.22%)$7,667856 (48.00%)$4,376966 (54.00%)$6,857
*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, 165 (73.78 % of students) received grants or scholarships and its average amount is $6,698. It can cover 32.58% of tuition & fees ($20,560).

In addition, 140 (61.33 % of students) students get helped from the students loans (average amount : $7,562).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15249 (75%)$5,587219 (66%)$7,307
2015-16181 (68%)$6,071154 (58%)$6,103
2016-17182 (71%)$5,937167 (65%)$6,246
2017-18188 (86%)$6,301156 (71%)$8,029
2018-19208 (65%)$8,302205 (64%)$8,510
2019-20128 (82%)$6,95594 (60%)$7,358
2020-21114 (73%)$6,95287 (56%)$7,390
2021-22126 (72%)$7,17892 (52%)$8,525
2022-23108 (72%)$7,00389 (60%)$8,593
Average165 (73.78%)$6,698140 (61.33%)$7,562
*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, 125 (54.56 % of students) received Pell (federal) grants and its average amount is $4,669.

In addition, 14 students received State/local government grants/scholarships (6.22 % 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
2014-15211 (63%)$4,38319 (6%)$1,7528 (2%)$3,18977 (23%)$5,295
2015-16139 (52%)$4,33914 (5%)$2,03410 (4%)$2,87482 (31%)$5,347
2016-17140 (55%)$4,23915 (6%)$1,37124 (9%)$1,60486 (34%)$4,977
2017-18137 (63%)$4,60813 (6%)$1,48520 (9%)$2,11279 (36%)$6,225
2018-19183 (58%)$4,81915 (5%)$1,74327 (8%)$2,277116 (36%)$6,528
2019-2094 (60%)$4,96016 (10%)$2,19114 (9%)$2,69656 (36%)$6,273
2020-2180 (51%)$4,30113 (8%)$1,99210 (6%)$2,60568 (44%)$5,831
2021-2283 (47%)$4,89213 (7%)$3,01510 (6%)$3,27271 (40%)$6,006
2022-2362 (42%)$5,4796 (4%)$3,1674 (3%)$3,31168 (46%)$5,653
Average125 (54.56%)$4,66914 (6.33%)$2,08314 (6.22%)$2,66078 (36.22%)$5,793
*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, 140 (61.33 % of students) get any students loan help and its average loan amount is $140.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15219 (66%)$7,307219 (66%)$7,00510 (3%)$6,604
2015-16154 (58%)$6,103154 (58%)$5,61712 (5%)$6,229
2016-17167 (65%)$6,246167 (65%)$5,74115 (6%)$5,623
2017-18156 (71%)$8,029156 (71%)$6,95722 (10%)$7,599
2018-19205 (64%)$8,510199 (63%)$7,65730 (9%)$7,357
2019-2094 (60%)$7,35894 (60%)$6,78110 (6%)$5,422
2020-2187 (56%)$7,39087 (56%)$6,45510 (6%)$8,133
2021-2292 (52%)$8,52592 (52%)$6,97016 (9%)$8,938
2022-2389 (60%)$8,59389 (60%)$7,36812 (8%)$9,083
Average140 (61.33%)$7,562140 (61.22%)$6,72815 (6.89%)$7,221

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