Financial Aid at Embry-Riddle Aeronautical University-Prescott
Financial Aid Amount Received
$16,017 (41.11% of tuition & fees)
Percent of Financial Aid Received
92% of 2,961 students
All Undergraduate Students Financial Aid
2,668 undergraduate students (92% of all students) have received grants, scholarships, and/or federal student loans at Embry-Riddle Aeronautical University-Prescott. The percentage of students who received financial aid average compared to Private (not-for-profit), 4-Years Colleges in Arizona.
Compare to similar schools in rankings such as Brookline College-Phoenix and Arizona Christian University, the percentage of students who received financial aid is much higher (the average of the schools is 75.00%).
The average amount of grants of scholarship aid is $16,017 and the average loan amount is $6,489. The average financial aid amount is 41.11% of tuition & fees (tuition & fees: $38,966).
Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 2,668 | 92% | $42,732,183 | $16,017 |
| Pell Grants | 589 | 20% | $2,800,175 | $4,754 |
| Federal Students Loans | 1,161 | 40% | $7,533,487 | $6,489 |
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), 731 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 $18,630 and the average amount of student loans awarded to full-time first-time undergraduate students is $17,221.
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 Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 735 | 98% | - | - |
| Grant or scholarship aid | 731 | 97% | $13,618,734 | $18,630 |
| Federal Grants | 183 | 24% | $949,849 | $5,190 |
| Pell Grants | 131 | 17% | $584,435 | $4,461 |
| Other Federal Grants | 183 | 24% | $365,414 | $1,997 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 729 | 97% | $12,668,885 | $17,378 |
| Student Loans | 383 | 51% | $6,595,578 | $17,221 |
| Federal Student Loans | 331 | 44% | $1,814,619 | $5,482 |
| Other Student Loans | 170 | 23% | $4,780,959 | $28,123 |