Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $21,631 and the average loan amount is $6,189. The average financial aid amount is 51.13% of tuition & fees (tuition & fees: $42,304).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid6,249 70%$135,174,117$21,631
Pell Grants1,516 17%$7,692,448$5,074
Federal Students Loans2,670 30%$16,524,122$6,189

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), 1,800 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 $20,372 and the average amount of student loans awarded to full-time first-time undergraduate students is $15,475.
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 Aid1,80698%--
Grant or scholarship aid1,800 97%$36,669,717$20,372
Federal Grants803 43%$5,282,433$6,578
Pell Grants418 23%$2,095,231$5,013
Other Federal Grants778 42%$3,187,202$4,097
State/Local Grants539 29%$3,369,583$6,252
Institutional Grants1,779 96%$28,017,701$15,749
Student Loans953 52%$14,748,093$15,475
Federal Student Loans873 47%$4,666,915$5,346
Other Student Loans325 18%$10,081,178$31,019