Scholarships, Grants, and Loan Trends at Western Colorado

-17%

Received Percent Changed

$2,439

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,621, which is 60.44 % of all undergraduate students. 1,004 students which is 38.11% of undergraduate students received federal student loans and the average loan amount is $8,830.

For full-time, first-time beginning students (freshmen), 86.78% of students received grants or scholarships and 55% 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 Western Colorado University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,621, which is 60.44 % of all undergraduate students. 1,004 students which is 38.11% of undergraduate students received federal student loans and the average loan amount is $8,830.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,513 (65%)$6,798595 (25%)$4,2021,198 (51%)$10,674
2015-161,565 (65%)$7,362575 (24%)$4,0681,184 (49%)$11,258
2016-171,606 (64%)$7,825581 (23%)$4,0531,292 (52%)$11,770
2017-181,736 (71%)$6,704566 (23%)$4,2931,033 (42%)$7,297
2018-191,861 (71%)$6,714549 (21%)$4,3901,046 (40%)$7,261
2019-201,613 (52%)$8,156518 (17%)$4,426975 (32%)$7,696
2020-211,648 (60%)$8,590460 (17%)$4,487825 (30%)$7,599
2021-221,551 (48%)$9,835459 (14%)$4,445783 (24%)$7,748
2022-231,499 (48%)$9,237417 (13%)$4,736699 (23%)$8,164
Average1,621 (60.44%)$7,913524 (19.67%)$4,3441,004 (38.11%)$8,830
*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, 393 (86.78 % of students) received grants or scholarships and its average amount is $7,250. It can cover 29.67% of tuition & fees ($24,434) based on out-of-state rate.

In addition, 249 (55.00 % of students) students get helped from the students loans (average amount : $6,293).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15375 (83%)$5,861266 (59%)$6,465
2015-16390 (84%)$6,379241 (52%)$6,871
2016-17380 (82%)$6,195269 (58%)$6,015
2017-18386 (87%)$7,517248 (56%)$6,283
2018-19436 (87%)$6,861289 (58%)$6,551
2019-20398 (88%)$7,991253 (56%)$6,381
2020-21359 (87%)$8,085245 (59%)$5,812
2021-22416 (91%)$9,189222 (49%)$6,052
2022-23400 (92%)$7,169208 (48%)$6,208
Average393 (86.78%)$7,250249 (55.00%)$6,293
*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 (27.67 % of students) received Pell (federal) grants and its average amount is $4,275.

In addition, 141 students received State/local government grants/scholarships (31.00 % 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
2014-15131 (29%)$3,63074 (16%)$535151 (33%)$1,541297 (65%)$4,882
2015-16118 (25%)$4,25943 (9%)$448128 (28%)$1,920366 (79%)$4,700
2016-17126 (27%)$3,72976 (16%)$441154 (33%)$1,751372 (80%)$4,251
2017-18133 (30%)$4,35597 (22%)$461142 (32%)$2,177369 (83%)$5,335
2018-19138 (28%)$4,35477 (15%)$474184 (37%)$1,922424 (85%)$4,719
2019-20147 (33%)$4,445150 (33%)$957163 (36%)$2,368372 (83%)$5,370
2020-21119 (29%)$4,449316 (77%)$518130 (31%)$2,407331 (80%)$5,730
2021-22127 (28%)$4,616397 (87%)$1,296107 (24%)$3,253382 (84%)$6,214
2022-2387 (20%)$4,64068 (16%)$463109 (25%)$3,424375 (86%)$5,492
Average125 (27.67%)$4,275144 (32.33%)$621141 (31.00%)$2,307365 (80.56%)$5,188
*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, 249 (55.00 % of students) get any students loan help and its average loan amount is $249.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15266 (59%)$6,465266 (59%)$5,49721 (5%)$12,269
2015-16241 (52%)$6,871241 (52%)$5,21527 (6%)$14,783
2016-17269 (58%)$6,015269 (58%)$5,14723 (5%)$10,152
2017-18248 (56%)$6,283248 (56%)$5,01728 (6%)$11,217
2018-19289 (58%)$6,551289 (58%)$5,00732 (6%)$13,939
2019-20253 (56%)$6,381253 (56%)$4,71827 (6%)$15,583
2020-21245 (59%)$5,812230 (56%)$4,66928 (7%)$12,501
2021-22222 (49%)$6,052209 (46%)$4,67825 (5%)$14,632
2022-23208 (48%)$6,208185 (42%)$4,62733 (8%)$13,188
Average249 (55.00%)$6,293243 (53.67%)$4,95327 (6.00%)$13,140

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