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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 Worcester Polytechnic Institute since 2011.
For that period, the average number of students who received grants aid/scholarships is 4,128, which is 92.82 % of all undergraduate students. 2,448 students which is 55.45% of undergraduate students received federal student loans and the average loan amount is $7,072.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-123,506 (91%)$18,030602 (16%)$4,0142,336 (61%)$8,298
2012-133,613 (91%)$20,014596 (15%)$4,0412,354 (60%)$7,416
2013-143,795 (92%)$20,582608 (15%)$4,0732,395 (58%)$7,287
2014-153,879 (92%)$19,876578 (14%)$4,2542,407 (57%)$7,277
2015-164,032 (94%)$19,474574 (13%)$4,1362,520 (59%)$7,662
2016-174,097 (92%)$20,077539 (12%)$4,1152,498 (56%)$6,978
2017-184,107 (93%)$20,699514 (12%)$4,2282,327 (52%)$7,143
2018-194,345 (93%)$22,276519 (11%)$4,5532,465 (53%)$6,446
2019-204,465 (94%)$22,993461 (10%)$4,7442,515 (53%)$6,469
2020-214,656 (95%)$25,201464 (9%)$4,6692,477 (51%)$6,421
2021-224,918 (94%)$27,715540 (10%)$4,9852,632 (50%)$6,392
Average4,128 (92.82%)$21,540545 (12.45%)$4,3472,448 (55.45%)$7,072

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,120 (97.64 % of students) received grants or scholarships and its average amount is $21,575. It can cover 36.52% of tuition & fees ($59,070).
In addition, 668 (58.45 % of students) students get helped from the students loans (average amount : $12,267).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12975 (97%)$18,256642 (64%)$10,477
2012-13931 (98%)$18,663573 (60%)$10,920
2013-141,079 (98%)$20,360675 (61%)$10,761
2014-151,019 (97%)$20,152613 (58%)$11,065
2015-161,079 (99%)$20,258651 (60%)$11,104
2016-171,072 (96%)$19,515649 (58%)$11,216
2017-181,094 (97%)$20,929593 (53%)$13,238
2018-191,261 (99%)$24,774765 (60%)$12,837
2019-201,191 (99%)$23,536702 (59%)$14,589
2020-211,271 (98%)$23,821713 (55%)$14,559
2021-221,352 (96%)$27,059774 (55%)$14,168
Average1,120 (97.64%)$21,575668 (58.45%)$12,267
*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, 138 (12.00 % of students) received Pell (federal) grants and its average amount is $4,254.
In addition, 75 students received State/local government grants/scholarships (6.55 % 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
2011-12154 (15%)$4,086117 (12%)$2,98793 (9%)$979965 (96%)$17,337
2012-13136 (14%)$3,841106 (11%)$3,09472 (8%)$961927 (98%)$17,752
2013-14157 (14%)$4,036107 (10%)$2,96379 (7%)$1,3611,079 (98%)$19,379
2014-15129 (12%)$4,24096 (9%)$3,04765 (6%)$2,2001,017 (96%)$19,225
2015-16149 (14%)$3,959116 (11%)$2,525114 (10%)$2,2341,078 (99%)$19,222
2016-17132 (12%)$4,04389 (8%)$2,46192 (8%)$1,8051,072 (96%)$18,659
2017-18117 (10%)$3,96276 (7%)$1,95245 (4%)$1,0761,094 (97%)$20,326
2018-19150 (12%)$4,46496 (8%)$3,08387 (7%)$1,1411,257 (99%)$24,005
2019-20111 (9%)$4,62887 (7%)$1,97763 (5%)$1,3811,191 (99%)$22,887
2020-21131 (10%)$4,556113 (9%)$1,93858 (4%)$1,8751,269 (98%)$23,130
2021-22148 (10%)$4,984131 (9%)$1,97753 (4%)$2,0211,351 (96%)$26,262
Average138 (12.00%)$4,254103 (9.18%)$2,54675 (6.55%)$1,5491,118 (97.45%)$20,744
*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, 668 (58.45 % of students) get any students loan help and its average loan amount is $668.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12642 (64%)$10,477635 (63%)$7,255117 (12%)$18,112
2012-13573 (60%)$10,920562 (59%)$7,389115 (12%)$18,301
2013-14675 (61%)$10,761667 (60%)$7,263140 (13%)$17,282
2014-15613 (58%)$11,065607 (58%)$7,109121 (11%)$20,396
2015-16651 (60%)$11,104645 (59%)$7,140120 (11%)$21,862
2016-17649 (58%)$11,216649 (58%)$6,445142 (13%)$21,807
2017-18593 (53%)$13,238584 (52%)$6,503196 (17%)$20,675
2018-19765 (60%)$12,837748 (59%)$5,335458 (36%)$12,729
2019-20702 (59%)$14,589682 (57%)$5,318482 (40%)$13,723
2020-21713 (55%)$14,559661 (51%)$5,212500 (39%)$13,871
2021-22774 (55%)$14,168752 (53%)$5,328450 (32%)$15,466
Average668 (58.45%)$12,267654 (57.18%)$6,391258 (21.45%)$17,657

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