Next
Table 6-1
Annual Student Financial Aid (In Thousands of Dollars)
FY 2015 - FY 2019
 
  Fiscal Year Percentage Annual Change Five Year
% Change
FY2015 FY2016 FY2017 FY2018 FY2019 2015-16 2016-17 2017-18 2018-19 2015-19

UNDERGRADUATE
     
FEDERAL FUNDS: $ 160,354 $ 162,715 $ 158,745 $ 153,678 $ 147,553 1.5% -2.4% -3.2% -4.0% -8.0%
  Grants 31,098 31,191 29,416 30,076 29,837 0.3% -5.7% 2.2% -0.8% -4.1%
  Loans 127,648 129,498 126,643 121,346 115,352 1.4% -2.2% -4.2% -4.9% -9.6%
  Employment 1,608 2,026 2,686 2,256 2,364 26.0% 32.6% -16.0% 4.8% 47.0%
       
STATE FUNDS: $ 20,120 $ 18,588 $ 17,096 $ 18,786 $ 17,707 -7.6% -8.0% 9.9% -5.7% -12.0%
  Grants 20,120 18,588 17,096 18,786 17,707 -7.6% -8.0% 9.9% -5.7% -12.0%
  Loans 0 0 0 0 0 -      -      -      -      -     
  Employment 0 0 0 0 0 -      -      -      -      -     
       
INSTITUTIONAL FUNDS: $ 162,709 $ 171,625 $ 178,334 $ 194,412 $ 207,886 5.5% 3.9% 9.0% 6.9% 27.8%
  Grants 156,197 164,823 171,385 186,851 199,358 5.5% 4.0% 9.0% 6.7% 27.6%
  Loans 0 0 0 0 0 -      -      -      -       -     
  Employment 6,512 6,802 6,949 7,561 8,528 4.5% 2.2% 8.8% 12.8% 31.0%
       
OTHER SOURCES: $ 20,748 $ 22,107 $ 23,644 $ 22,440 $ 23,027 6.6% 7.0% -5.1% 2.6% 11.0%
  Grants 2,331 2,681 2,557 2,329 2,253 15.0% -4.6% -8.9% -3.3% -3.3%
  Loans 18,417 19,426 21,087 20,111 20,774 5.5% 8.6% -4.6% 3.3% 12.8%
       
UNDERGRAD FIN AID: $ 363,931 $ 375,035 $ 377,819 $ 389,316 $ 396,173 3.1% 0.7% 3.0% 1.8% 8.9%

GRADUATE
FEDERAL FUNDS: $ 105,417 $ 101,869 $ 104,394 $ 107,899 $ 108,579 -3.4% 2.5% 3.4% 0.6% 3.0%
  Grants 1,711 1,682 1,796 1,889 1,881 -1.7% 6.8% 5.2% -0.4% 9.9%
  Loans 103,299 99,683 102,172 105,740 106,137 -3.5% 2.5% 3.5% 0.4% 2.7%
  Employment 407 504 426 270 561 23.8% -15.5% -36.6% 107.8% 37.8%
       
STATE FUNDS: $ 99 $ 27 $ 30 $ 64 $ 178 -72.7% 11.1% 113.3% 178.1% 79.8%
  Grants 99 27 30 64 178 -72.7% 11.1% 113.3% 178.1% 79.8%
  Loans 0 0 0 0 0 -      -      -      -      -     
  Employment 0 0 0 0 0 -      -      -      -      -     
       
INSTITUTIONAL FUNDS: $ 33,239 $ 35,445 $ 38,768 $ 42,159 $ 42,885 6.6% 9.4% 8.7% 1.7% 29.0%
  Grants 26,696 29,179 32,073 34,787 35,399 9.3% 9.9% 8.5% 1.8% 32.6%
  Loans 0 0 0 0 0 -      -      -      -       -     
  Employment 6,543 6,266 6,695 7,372 7,486 -4.2% 6.8% 10.1% 1.5% 14.4%
 
OTHER SOURCES: $ 2,421 $ 2,558 $ 2,993 $ 3,228 $ 3,393 5.7% 17.0% 7.9% 5.1% 40.1%
  Grants 692 753 712 844 921 8.8% -5.4% 18.5% 9.1% 33.1%
  Loans 1,729 1,805 2,281 2,384 2,472 4.4% 26.4% 4.5% 3.7% 43.0%
       
GRADUATE FIN AID: $ 141,176 $ 139,899 $ 146,185 $ 153,350 $ 155,035 -0.9% 4.5% 4.9% 1.1% 9.8%

COMBINED
     
FEDERAL FUNDS: $ 265,771 $ 264,584 $ 263,139 $ 261,577 $ 256,132 -0.4% -0.5% -0.6% -2.1% -3.6%
  Grants 32,809 32,873 31,212 31,965 31,718 0.2% -5.1% 2.4% -0.8% -3.3%
  Loans 230,947 229,181 228,815 227,086 221,489 -0.8% -0.2% -0.8% -2.5% -4.1%
  Employment 2,015 2,530 3,112 2,526 2,925 25.6% 23.0% -18.8% 15.8% 45.2%
       
STATE FUNDS: $ 20,219 $ 18,615 $ 17,126 $ 18,850 $ 17,885 -7.9% -8.0% 10.1% -5.1% -11.5%
  Grants 20,219 18,615 17,126 18,850 17,885 -7.9% -8.0% 10.1% -5.1% -11.5%
  Loans 0 0 0 0 0 -      -      -      -      -     
  Employment 0 0 0 0 0 -      -      -      -      -     
       
INSTITUTIONAL FUNDS: $ 195,948 $ 207,070 $ 217,102 $ 236,571 $ 250,771 5.7% 4.8% 9.0% 6.0% 28.0%
  Grants 182,893 194,002 203,458 221,638 234,757 6.1% 4.9% 8.9% 5.9% 28.4%
  Loans 0 0 0 0 0 -      -      -         -     
  Employment 13,055 13,068 13,644 14,933 16,014 0.1% 4.4% 9.4% 7.2% 22.7%
       
OTHER SOURCES: $ 23,169 $ 24,665 $ 26,637 $ 25,668 $ 26,420 6.5% 8.0% -3.6% 2.9% 14.0%
  Grants 3,023 3,434 3,269 3,173 3,174 13.6% -4.8% -2.9% 0.0% 5.0%
  Loans 20,146 21,231 23,368 22,495 23,246 5.4% 10.1% -3.7% 3.3% 15.4%
       
TOTAL FINANCIAL AID $ 505,107 $ 514,934 $ 524,004 $ 542,666 $ 551,208 1.9% 1.8% 3.6% 1.6% 9.1%

Source: ISAC Annual SFA Survey.

IRMA 2019
Back to top