Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,422, which is 94.33 % of all undergraduate students. 1,671 students which is 45.44% of undergraduate students received federal student loans and the average loan amount is $6,363.

For full-time, first-time beginning students (freshmen), 99.33% of students received grants or scholarships and 50% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Calvin University since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,422, which is 94.33 % of all undergraduate students. 1,671 students which is 45.44% of undergraduate students received federal student loans and the average loan amount is $6,363.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,776 (95%)$13,348905 (23%)$4,0152,172 (55%)$6,894
2014-153,691 (95%)$14,514880 (23%)$4,0262,065 (53%)$6,830
2015-163,689 (95%)$15,572875 (23%)$4,0042,030 (52%)$6,486
2016-173,579 (94%)$16,535767 (20%)$4,0411,865 (49%)$6,301
2017-183,505 (94%)$18,228775 (21%)$4,1311,712 (46%)$6,210
2018-193,410 (94%)$19,237705 (19%)$4,1481,567 (43%)$6,281
2019-203,248 (94%)$21,017599 (17%)$4,4921,432 (41%)$6,281
2020-213,006 (94%)$21,804515 (16%)$4,7511,203 (38%)$6,077
2021-222,894 (94%)$23,594476 (16%)$4,703995 (32%)$5,909
Average3,422 (94.33%)$18,205722 (19.78%)$4,2571,671 (45.44%)$6,363
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 844 (99.33 % of students) received grants or scholarships and its average amount is $20,405. It can cover 52.77% of tuition & fees ($38,670).

In addition, 431 (49.78 % of students) students get helped from the students loans (average amount : $7,850).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,001 (100%)$14,808621 (62%)$8,518
2014-15945 (100%)$16,240522 (55%)$7,944
2015-16935 (99%)$18,205540 (57%)$6,861
2016-17900 (100%)$18,532458 (51%)$7,810
2017-18883 (100%)$20,502445 (50%)$7,710
2018-19821 (100%)$20,597364 (44%)$8,151
2019-20775 (100%)$23,900347 (45%)$8,390
2020-21604 (95%)$24,410276 (43%)$7,781
2021-22735 (100%)$26,448302 (41%)$7,486
Average844 (99.33%)$20,405431 (49.78%)$7,850
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 181 (20.89 % of students) received Pell (federal) grants and its average amount is $4,184.

In addition, 264 students received State/local government grants/scholarships (30.78 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14258 (26%)$4,017259 (26%)$920345 (34%)$1,4851,001 (100%)$13,022
2014-15236 (25%)$4,100235 (25%)$924297 (31%)$1,577945 (100%)$14,491
2015-16252 (27%)$4,068254 (27%)$909313 (33%)$1,756935 (99%)$16,273
2016-17179 (20%)$4,096184 (20%)$960259 (29%)$1,795900 (100%)$17,004
2017-18186 (21%)$4,156186 (21%)$843285 (32%)$1,928883 (100%)$18,827
2018-19158 (19%)$4,246158 (19%)$870247 (30%)$2,412821 (100%)$18,886
2019-20146 (19%)$4,313305 (39%)$1,396203 (26%)$2,764775 (100%)$21,814
2020-2188 (14%)$4,43292 (14%)$1,604189 (30%)$2,814601 (94%)$22,752
2021-22124 (17%)$4,231123 (17%)$1,296234 (32%)$2,799735 (100%)$24,626
Average181 (20.89%)$4,184200 (23.11%)$1,080264 (30.78%)$2,148844 (99.22%)$18,633
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 431 (49.78 % of students) get any students loan help and its average loan amount is $431.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14621 (62%)$8,518615 (61%)$6,60298 (10%)$12,548
2014-15522 (55%)$7,944520 (55%)$6,39262 (7%)$13,266
2015-16540 (57%)$6,861536 (57%)$5,49151 (5%)$14,939
2016-17458 (51%)$7,810452 (50%)$5,27285 (9%)$14,052
2017-18445 (50%)$7,710436 (49%)$5,15176 (9%)$15,590
2018-19364 (44%)$8,151360 (44%)$5,12573 (9%)$15,369
2019-20347 (45%)$8,390344 (44%)$5,03478 (10%)$15,127
2020-21276 (43%)$7,781274 (43%)$4,98747 (7%)$16,620
2021-22302 (41%)$7,486296 (40%)$5,03453 (7%)$14,542
Average431 (49.78%)$7,850426 (49.22%)$5,45469 (8.11%)$14,673