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What is the average loan amount at inst?

For the academic year 2022-2023, total 187 full-time, first-time students (82% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 577 students (67% of all students) have received federal student loans and the average loan amount is $8,582 at Howard Payne University.

Below tables show the number and amount by source of financial aid at Howard Payne University.
All Undergraduate Student Financial Aid at Howard Payne University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid73585%$17,838
Pell Grants33238%$4,710
Federal Student Loans57767%$8,582
Beginning Students (Freshmen) Financial Aid at Howard Payne University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid20188%-
Grants or Scholarship from All Sources20188%$18,817
Federal Grants9943%$5,615
Pell Grants9943%$4,864
Other Federal Grants5424%$1,376
State/Local Grants13660%$2,798
Institutional Grants20188%$14,159
Student Loans18782%$7,992
Federal Student Loans16572%$7,073
Other Student Loans2511%$13,099

Know more about Howard Payne

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