Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $22,590 and the average loan amount is $6,208. The average financial aid amount is 53.40% of tuition & fees (tuition & fees: $42,304).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid6,459 68%$145,908,892$22,590
Pell Grants1,437 15%$7,269,026$5,058
Federal Students Loans2,929 31%$18,183,230$6,208

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 1,791 students have received one or more types of financial aid at Embry-Riddle Aeronautical University-Daytona Beach.
The average amount of federal, state, local or institutional grant aid is $18,422 and the average amount of student loans awarded to full-time first-time undergraduate students is $17,690.
The following table shows the financial data by type of aid at Embry-Riddle Aeronautical University-Daytona Beach.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,79498%--
Grant or scholarship aid1,791 98%$32,993,633$18,422
Federal Grants376 21%$2,306,036$6,133
Pell Grants376 21%$1,993,736$5,302
Other Federal Grants92 5%$312,300$3,395
State/Local Grants519 28%$2,796,590$5,388
Institutional Grants1,783 98%$27,891,007$15,643
Student Loans1,005 55%$17,778,208$17,690
Federal Student Loans923 51%$4,986,457$5,402
Other Student Loans385 21%$12,791,751$33,225