Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 272, which is 51.78 % of all undergraduate students. 199 students which is 38.67% of undergraduate students received federal student loans and the average loan amount is $7,218.

For full-time, first-time beginning students (freshmen), 64.11% of students received grants or scholarships and 47% 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 Midwestern Baptist Theological Seminary since 2013.

For that period, the average number of students who received grants aid/scholarships is 272, which is 51.78 % of all undergraduate students. 199 students which is 38.67% of undergraduate students received federal student loans and the average loan amount is $7,218.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14159 (61%)$4,266114 (44%)$4,021105 (40%)$6,548
2014-15225 (64%)$7,735143 (41%)$3,614147 (42%)$6,201
2015-16208 (55%)$4,156137 (36%)$3,512178 (47%)$7,097
2016-17228 (56%)$5,205145 (36%)$5,434226 (56%)$9,261
2017-18253 (50%)$4,134186 (37%)$3,657177 (35%)$7,250
2018-19255 (45%)$4,906195 (35%)$5,509196 (35%)$7,382
2019-20317 (47%)$6,510227 (34%)$7,316229 (34%)$6,956
2020-21353 (40%)$5,503275 (31%)$5,430263 (30%)$6,898
2021-22453 (48%)$5,427306 (32%)$5,723274 (29%)$7,372
Average272 (51.78%)$5,316192 (36.22%)$4,913199 (38.67%)$7,218
*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, 21 (64.11 % of students) received grants or scholarships and its average amount is $4,857. It can cover 51.67% of tuition & fees ($9,400).

In addition, 16 (47.44 % of students) students get helped from the students loans (average amount : $6,018).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-148 (24%)$5,0458 (24%)$5,019
2014-1521 (60%)$4,27818 (51%)$5,828
2015-1634 (74%)$2,08025 (54%)$2,805
2016-1720 (87%)$2,09319 (83%)$7,272
2017-1818 (78%)$8,53914 (61%)$7,613
2018-1921 (70%)$4,12715 (50%)$7,142
2019-2024 (96%)$6,6088 (32%)$6,469
2020-2121 (53%)$5,16618 (45%)$6,408
2021-2226 (35%)$5,77420 (27%)$5,606
Average21 (64.11%)$4,85716 (47.44%)$6,018
*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, 14 (39.00 % of students) received Pell (federal) grants and its average amount is $5,036.

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
2013-147 (21%)$4,602----4 (12%)$2,037
2014-1515 (43%)$4,720----10 (29%)$1,904
2015-1625 (54%)$2,429----19 (41%)$526
2016-176 (26%)$4,415----20 (87%)$769
2017-189 (39%)$4,4062 (9%)$100--14 (61%)$8,132
2018-1916 (53%)$4,838----14 (47%)$661
2019-2012 (48%)$8,47918 (72%)$1,948--13 (52%)$1,675
2020-2117 (43%)$5,2886 (15%)$808--11 (28%)$1,250
2021-2218 (24%)$6,1465 (7%)$1,020--13 (18%)$2,645
Average14 (39.00%)$5,0368 (25.75%)$969--13 (41.67%)$2,178
*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, 16 (47.44 % of students) get any students loan help and its average loan amount is $16.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-148 (24%)$5,0198 (24%)$5,019--
2014-1518 (51%)$5,82818 (51%)$5,4811 (3%)$6,250
2015-1625 (54%)$2,80524 (52%)$2,6101 (2%)$7,500
2016-1719 (83%)$7,27219 (83%)$5,8033 (13%)$9,307
2017-1814 (61%)$7,61313 (57%)$5,4623 (13%)$11,862
2018-1915 (50%)$7,14215 (50%)$6,2751 (3%)$13,000
2019-208 (32%)$6,4698 (32%)$6,469--
2020-2118 (45%)$6,40818 (45%)$5,5142 (5%)$8,048
2021-2220 (27%)$5,60619 (26%)$4,8491 (1%)$20,000
Average16 (47.44%)$6,01816 (46.67%)$5,2762 (5.71%)$10,852