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What is the average loan amount at Howard University?

For the academic year 2022-2023, total 1,656 full-time, first-time students (60% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 4,973 students (55% of all students) have received federal student loans and the average loan amount is $6,513 at Howard University.

Below tables show the number and amount by source of financial aid at Howard University.
All Undergraduate Student Financial Aid at Howard University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid8,13191%$20,762
Pell Grants3,63241%$5,001
Federal Student Loans4,97355%$6,513
Beginning Students (Freshmen) Financial Aid at Howard University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,74399%-
Grants or Scholarship from All Sources2,74199%$20,063
Federal Grants1,09240%$5,473
Pell Grants1,08939%$5,030
Other Federal Grants1636%$3,059
State/Local Grants743%$1,054
Institutional Grants2,73599%$17,893
Student Loans1,65660%$7,415
Federal Student Loans1,60358%$5,403
Other Student Loans2017%$17,995

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