Financial Aid at Covenant

[Last update: December 11, 2025]

851 students (94% of total 908 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Covenant College (Covenant). The average amount of the aid awarded is $28,264.

For the first-time, full-time beginning students (freshmen), 100% of total 246 enrolled students have received any kind of financial aid and its average amount of aid received is $29,720.

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All Undergraduate Financial Aid

At Covenant College, 851 undergraduate students (94% of total 908 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $28,264.

Financial Aid Statistics (All Undergraduate Students) - Covenant
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship85194% $24,053,022$28,264
Pell Grants17319% $849,781$4,912
Federal Student Loan36740% $2,259,025$6,155

Beginning Undergraduate Students (Freshmen) Financial Aid

246 beginning undergraduate students (100% of total 246 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Covenant College. The average amount of aid received is $29,720.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Covenant
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid246100% --
Grants or Scholarships245100%$7,281,437$29,720
Federal Grants4719%$340,026$7,235
Pell Grants4719%$240,099$5,108
Other Federal Grants2611%$99,927$3,843
State/Local Grants8033%$485,265$6,066
Institutional Grants24098%$6,456,146$26,901
Student Loan Aid10141%$849,914$8,415
Federal Student Loans9840%$533,121$5,440
Other Student Loans198%$316,793$16,673

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