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What is the average loan amount at Eastern Michigan University?

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For the academic year 2022-2023, total 1,154 full-time, first-time students (51% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 5,849 students (46% of all students) have received federal student loans and the average loan amount is $7,428 at Eastern Michigan University.

Below tables show the number and amount by source of financial aid at Eastern Michigan University.
All Undergraduate Student Financial Aid at Eastern Michigan University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid8,99671%$8,397
Pell Grants4,75237%$5,040
Federal Student Loans5,84946%$7,428
Beginning Students (Freshmen) Financial Aid at Eastern Michigan University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,15996%-
Grants or Scholarship from All Sources2,14195%$9,945
Federal Grants1,12150%$5,482
Pell Grants1,12150%$5,189
Other Federal Grants39518%$832
State/Local Grants733%$973
Institutional Grants2,08893%$7,220
Student Loans1,15451%$6,529
Federal Student Loans1,13851%$5,720
Other Student Loans954%$10,785
see more grants, scholarship, student loans, and other financial aid stats

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