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What is the average loan amount at Rutgers University New Brunswick?

For the academic year 2022-2023, total 2,967 full-time, first-time students (42% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 14,580 students (40% of all students) have received federal student loans and the average loan amount is $6,449 at Rutgers University-New Brunswick.

Below tables show the number and amount by source of financial aid at Rutgers University-New Brunswick.
All Undergraduate Student Financial Aid at Rutgers University-New Brunswick
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid22,30162%$11,439
Pell Grants10,15628%$5,295
Federal Student Loans14,58040%$6,449
Beginning Students (Freshmen) Financial Aid at Rutgers University-New Brunswick
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid4,97970%-
Grants or Scholarship from All Sources4,02657%$12,785
Federal Grants3,50949%$5,325
Pell Grants1,94627%$5,533
Other Federal Grants1,56322%$5,066
State/Local Grants1,74025%$8,272
Institutional Grants2,46735%$7,456
Student Loans2,96742%$8,040
Federal Student Loans2,96742%$5,142
Other Student Loans4216%$20,429

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