Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $21,437 and the average loan amount is $6,353. The average financial aid amount is 50.79% of tuition & fees (tuition & fees: $42,204).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid2,843 91%$60,946,484$21,437
Pell Grants543 17%$2,764,764$5,092
Federal Students Loans1,073 34%$6,816,302$6,353

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), 709 students have received one or more types of financial aid at Embry-Riddle Aeronautical University-Prescott.
The average amount of federal, state, local or institutional grant aid is $18,949 and the average amount of student loans awarded to full-time first-time undergraduate students is $18,601.
The following table shows the financial data by type of aid at Embry-Riddle Aeronautical University-Prescott.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid72195%--
Grant or scholarship aid709 94%$13,435,059$18,949
Federal Grants119 16%$741,500$6,231
Pell Grants119 16%$636,500$5,349
Other Federal Grants36 5%$105,000$2,917
State/Local Grants0 0%$0-
Institutional Grants702 93%$12,693,559$18,082
Student Loans370 49%$6,882,186$18,601
Federal Student Loans332 44%$1,733,652$5,222
Other Student Loans153 20%$5,148,534$33,651