Institutional Research & Market Analytics
 

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Table 6-1
Annual Student Financial Aid (In Thousands of Dollars)
FY 2014 - FY 2018
 
  Fiscal Year Percentage Annual Change Five Year
% Change
FY2014 FY2015 FY2016 FY2017 FY2018 2014-15 2015-16 2016-17 2017-18 2014-18

UNDERGRADUATE
     
FEDERAL FUNDS: $ 164,422 $ 160,354 $ 162,715 $ 158,745 $ 153,678 -2.5% 1.5% -2.4% -3.2% -7.0%
  Grants 31,425 31,098 31,191 29,416 30,076 -1.0% 0.3% -5.7% -2.2% -1.3%
  Loans 131,522 127,648 129,498 126,643 121,346 -2.9% 1.4% -2.2% -4.2% -8.4%
  Employment 1,475 1,608 2,026 2,686 2,256 9.0% 26.0% 32.6% -16.0% -3.6%
       
STATE FUNDS: $ 20,820 $ 20,120 $ 18,588 $ 17,096 $ 18,786 -3.4% -7.6% -8.0% 9.9% -6.4%
  Grants 20,820 20,120 18,588 17,096 $ 18,786 -3.4% -7.6% -8.0% 9.9% -6.4%
  Loans 0 0 0 0 0 -      -      -      -      -     
  Employment 0 0 0 0 0 -      -      -      -      -     
       
INSTITUTIONAL FUNDS: $ 152,638 $ 162,709 $ 171,625 $ 178,334 $ 194,412 6.6% 5.5% 3.9% 9.0% 36.5%
  Grants 144,675 156,197 164,823 171,385 186,851 8.0% 5.5% 4.0% 9.0% 37.3%
  Loans 0 0 0 0 0 -      -      -      -       -     
  Employment 7,962 6,512 6,802 6,949 7,561 -18.2% 4.5% 2.2% 8.8% 20.2%
       
OTHER SOURCES: $ 20,722 $ 20,748 $ 22,107 $ 23,644 $ 22,440 0.1% 6.6% 7.0% -5.1% 9.9%
  Grants 2,424 2,331 2,681 2,557 2,329 -3.9% 15.0% -4.6% -8.9% -7.0%
  Loans 18,298 18,417 19,426 21,087 20,111 0.7% 5.5% 8.6% -4.6% 12.3%
       
UNDERGRAD FIN AID: $ 358,601 $ 363,931 $ 375,035 $ 377,819 $ 389,316 1.5% 3.1% 0.7% 3.0% 11.8%

GRADUATE
FEDERAL FUNDS: $ 110,327 $ 105,417 $ 101,869 $ 104,394 $ 107,899 4.5% -3.4% 2.5% 3.4% -8.3%
  Grants 1,552 1,711 1,682 1,796 1,889 10.2% -1.7% 6.8% 5.2% 49.4%
  Loans 108,585 103,299 99,683 102,172 105,740 -4.9% -3.5% 2.5% 3.5% -8.8%
  Employment 189 407 504 426 270 115.1% 23.8% -15.5% -36.6% -41.7%
       
STATE FUNDS: $ 115 $ 99 $ 27 $ 30 $ 64 -13.8% -72.7% 11.1% 113.3% 59.1%
  Grants 115 99 27 30 64 -13.8% -72.7% 11.1% 113.3% 59.1%
  Loans 0 0 0 0 0 -      -      -      -      -     
  Employment 0 0 0 0 0 -      -      -      -      -     
       
INSTITUTIONAL FUNDS: $ 29,461 $ 33,239 $ 35,445 $ 38,768 $ 42,159 12.8% 6.6% 9.4% 8.7% 60.6%
  Grants 23,133 26,696 29,179 32,073 34,787 15.4% 9.3% 9.9% 8.5% 83.1%
  Loans 0 0 0 0 0 -      -      -      -      
  Employment 6,328 6,543 6,266 6,695 7,372 3.4% -4.2% 6.8% 10.1% 1.6%
 
OTHER SOURCES: $ 2,623 $ 2,421 $ 2,558 $ 2,993 $ 3,228 -7.7% 5.7% 17.0% 7.9% 30.9%
  Grants 592 692 753 712 844 16.9% 8.8% -5.4% 18.5% 22.3%
  Loans 2,031 1,729 1,805 2,281 2,384 -14.9% 4.4% 26.4% 4.5% 34.3%
       
GRADUATE FIN AID: $ 142,526 $ 141,176 $ 139,899 $ 146,185 $ 153,350 -0.9% -0.9% 4.5% 4.9% 4.7%

COMBINED
     
FEDERAL FUNDS: $ 274,748 $ 265,771 $ 264,584 $ 263,139 $ 261,577 -3.3% -0.4% -0.5% -0.6% -7.6%
  Grants 32,977 32,809 32,873 31,212 31,965 -0.5% 0.2% -5.1% 2.4% 0.8%
  Loans 240,107 230,947 229,181 228,815 227,086 -3.8% -0.8% -0.2% -0.8% -8.6%
  Employment 1,664 2,015 2,530 3,112 2,526 21.1% 25.6% 23.0% -18.8% -9.9%
       
STATE FUNDS: $ 20,935 $ 20,219 $ 18,615 $ 17,126 $ 18,850 -3.4% -7.9% -15.3% 10.1% -6.8%
  Grants 20,935 20,219 18,615 17,126 18,850 -3.4% -7.9% -15.3% 10.1% -6.8%
  Loans 0 0 0 0 0 -      -      -      -      -     
  Employment 0 0 0 0 0 -      -      -      -      -     
       
INSTITUTIONAL FUNDS: $ 182,099 $ 195,948 $ 207,070 $ 217,102 $ 236,571 7.6% 5.7% 4.8% 9.0% 40.3%
  Grants 167,809 182,893 194,002 203,458 221,638 9.0% 6.1% 4.9% 8.9% 42.9%
  Loans 0 0 0 0 0 -      -      -         -     
  Employment 14,290 13,055 13,068 13,644 14,933 -8.6% 0.1% 4.5% 9.4% 10.2%
       
OTHER SOURCES: $ 23,346 $ 23,169 $ 24,665 $ 26,637 $ 25,668 -0.8% 6.5% 8.0% -3.6% 12.2%
  Grants 3,017 3,023 3,434 3,269 3,173 0.2% 13.6% -4.8% -2.9% -0.7%
  Loans 20,329 20,146 21,231 23,368 22,495 -0.9% 5.4% 10.1% -3.7% 14.3%
       
TOTAL FINANCIAL AID $ 501,127 $ 505,107 $ 514,934 $ 524,004 $ 542,666 0.8% 1.9% 1.8% 3.6% 9.7%

Source: ISAC Annual SFA Survey.

IRMA 2018
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