Financial Aid Statistics Comparison
For all undergraduate students, the average percent receiving aid is 61.18 % and the average aid amount is $29,828. The financial aid includes Federal (Pell and other federal), state, local, institutional or other grant aid, and federal student loans. The following table compares the total number and percentage of undergraduate students who received any financial aid between best Undergraduate Engineering schools for academic year 2022-2023.
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Beginning Students Financial Aid
For first-time, full-time beginning students, the average percent of receiving grant and/or scholarship is 1.22 % and the average grant amount is $639. This includes grants or scholarship from all sources - federal (pell grants and other federal grants), state/local, and institutions. The average percent of students who receiving student loans (federal and other student loans) is 0.51 % and the average loan amount is $174. The following table compares the financial aid statistics for first-time, full-time undergraduate students (freshmen) between best Undergraduate Engineering schools for academic year 2022-2023.
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| Rank | Name | Grants/Scholarships | Student Loans | |||
|---|---|---|---|---|---|---|
| Number Receiving Aid (Percentage) | Average Amount | Number Receiving Aid (Percentage) | Average Amount | |||
| 1 | Massachusetts Institute of Technology | 832 (71%) | $45,591 | 80 (7%) | $13,792 | |
| 2 | Stanford University | 1,120 (53%) | $60,619 | 144 (7%) | $12,999 | |
| 3 | Georgia Institute of Technology-Main Campus | 2,438 (71%) | $13,992 | 761 (22%) | $7,027 | |
| 4 | University of California-Berkeley | 3,572 (52%) | $21,669 | 1,470 (21%) | $7,238 | |
| 5 | California Institute of Technology | 155 (57%) | $59,192 | 40 (15%) | $12,553 | |
| 5 | University of Illinois Urbana-Champaign | 4,427 (54%) | $16,552 | 2,745 (33%) | $6,697 | |
| 7 | University of Michigan-Ann Arbor | 4,824 (67%) | $15,121 | 1,793 (25%) | $8,470 | |
| 7 | Carnegie Mellon University | 896 (47%) | $43,966 | 804 (42%) | $6,525 | |
| 7 | Purdue University-Main Campus | 4,932 (48%) | $8,950 | 2,960 (29%) | $9,125 | |
| 10 | Cornell University | 1,901 (51%) | $54,219 | 1,022 (27%) | $8,309 | |
| 10 | The University of Texas at Austin | 7,624 (86%) | $8,321 | 2,557 (29%) | $5,851 | |
| 12 | Princeton University | 786 (61%) | $59,792 | 75 (6%) | $7,559 | |
| 13 | Johns Hopkins University | 874 (62%) | $54,405 | 199 (14%) | $9,843 | |
| 14 | Northwestern University | 1,042 (50%) | $61,716 | 417 (20%) | $6,973 | |
| 15 | Texas A & M University-College Station | 6,559 (59%) | $12,278 | 3,034 (27%) | $8,518 | |
| 16 | Virginia Polytechnic Institute and State University | 3,864 (57%) | $7,649 | 2,864 (43%) | $10,100 | |
| 17 | University of California-Los Angeles | 3,012 (46%) | $21,766 | 1,389 (21%) | $6,418 | |
| 18 | University of Wisconsin-Madison | 4,001 (47%) | $11,171 | 2,172 (26%) | $9,299 | |
| 19 | Columbia University in the City of New York | 824 (52%) | $61,061 | 155 (10%) | $16,849 | |
| 20 | Duke University | 741 (42%) | $57,444 | 326 (19%) | $6,351 | |
| 21 | Pennsylvania State University-Main Campus | 3,757 (44%) | $10,066 | 4,019 (47%) | $13,414 | |
| 22 | University of California-San Diego | 4,143 (55%) | $20,782 | 1,939 (26%) | $6,437 | |
| 23 | University of Maryland-College Park | 2,905 (48%) | $11,232 | 1,535 (25%) | $10,201 | |
| 24 | University of Pennsylvania | 1,084 (46%) | $57,175 | 245 (10%) | $12,499 | |
| 25 | Ohio State University-Main Campus | 6,229 (74%) | $10,993 | 3,018 (36%) | $7,842 | |
| 26 | Rice University | 687 (56%) | $51,955 | 94 (8%) | $10,818 | |
| 27 | University of Minnesota-Twin Cities | 4,342 (63%) | $11,388 | 2,749 (40%) | $9,722 | |
| 28 | University of Southern California | 2,607 (71%) | $45,262 | 1,127 (31%) | $7,526 | |
| 29 | University of Washington-Seattle Campus | 3,149 (44%) | $14,731 | 1,576 (22%) | $6,169 | |
| 30 | Harvard University | 1,094 (56%) | $61,801 | 167 (9%) | $9,004 | |
| 31 | North Carolina State University at Raleigh | 3,576 (71%) | $9,181 | 2,116 (42%) | $7,194 | |
| 32 | University of California-Davis | 4,178 (57%) | $20,548 | 1,796 (24%) | $5,965 | |
| 33 | University of Colorado Boulder | 3,810 (57%) | $10,477 | 1,961 (29%) | $10,614 | |
| 34 | Arizona State University Campus Immersion | 12,495 (89%) | $12,381 | 4,210 (30%) | $8,002 | |
| 35 | Rensselaer Polytechnic Institute | 1,189 (90%) | $38,636 | 753 (57%) | $10,092 | |
| 36 | University of Florida | 6,191 (92%) | $10,555 | 632 (9%) | $6,122 | |
| 37 | Brown University | 776 (46%) | $55,847 | 198 (12%) | $10,059 | |
| 38 | Case Western Reserve University | 1,390 (87%) | $35,452 | 1,128 (70%) | $6,836 | |
| 39 | Colorado School of Mines | 1,365 (97%) | $10,614 | 564 (40%) | $8,866 | |
| 40 | Northeastern University | 3,697 (82%) | $42,331 | 1,871 (42%) | $8,278 | |
| 41 | University of California-Irvine | 5,181 (80%) | $17,411 | 1,501 (23%) | $6,561 | |
| 42 | University of California-Santa Barbara | 2,586 (53%) | $20,389 | 1,128 (23%) | $7,453 | |
| 43 | University of Virginia-Main Campus | 1,318 (34%) | $26,818 | 873 (22%) | $8,639 | |
| 44 | Vanderbilt University | 1,049 (65%) | $53,932 | 184 (11%) | $8,872 | |
| 45 | Yale University | 920 (52%) | $63,523 | 100 (6%) | $4,926 | |
| 46 | Boston University | 1,912 (48%) | $51,565 | 905 (23%) | $10,425 | |
| 47 | Michigan State University | 8,144 (92%) | $8,684 | 3,250 (37%) | $8,138 | |
| 48 | University of Notre Dame | 1,174 (57%) | $49,859 | 536 (26%) | $7,390 | |
| 49 | Washington University in St Louis | 840 (43%) | $58,188 | 233 (12%) | $9,495 | |
| 50 | Iowa State University | 4,245 (80%) | $11,043 | 2,498 (47%) | $7,620 | |
| Average | 3,009 (61.24%) | $31,966 | 1,358 (25.64%) | $8,714 | ||
The ranking data is provided by CollegeEvaluator.