Tennessee Colleges Financial Aid Trends

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Tennessee Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 145,437, which is 81.20 % of all undergraduate students. 92,077 students which is 59.30% of undergraduate students received federal student loans and the average loan amount: $7,374.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2012-13	142,464 (79%)	$9,462	79,024 (52%)	$3,955	106,863 (67%)	$7,545
2013-14	143,045 (81%)	$10,044	79,232 (53%)	$3,993	104,603 (65%)	$7,577
2014-15	143,860 (82%)	$10,011	77,082 (53%)	$4,009	103,770 (66%)	$7,726
2015-16	140,032 (81%)	$10,606	71,556 (48%)	$4,087	96,315 (62%)	$7,374
2016-17	141,055 (80%)	$10,757	69,909 (47%)	$4,241	94,581 (62%)	$7,720
2017-18	142,397 (81%)	$11,711	69,926 (44%)	$4,311	92,240 (58%)	$7,032
2018-19	141,684 (79%)	$12,048	67,494 (44%)	$4,526	87,248 (57%)	$7,445
2019-20	150,487 (81%)	$12,332	66,448 (42%)	$4,609	84,487 (54%)	$7,267
2020-21	153,460 (81%)	$12,342	64,345 (41%)	$4,732	77,603 (51%)	$6,919
2021-22	155,886 (87%)	$13,616	62,964 (43%)	$4,845	73,058 (51%)	$7,131
Average	145,437 (81.20%)	$11,293	70,798 (46.70%)	$4,331	92,077 (59.30%)	$7,374

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

Overview

For the last 10 years, on average, 30,396 (90.80 % of students) received grants or scholarships and its average amount is $12,707. It can cover 65.13% of tuition & fees ($19,509) based on out-of-state rate. In addition, 17,282 (62.30 % of students) students get helped from the students loans (average amount : $6,792).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2012-13	29,134 (89%)	$10,397	18,120 (69%)	$6,761
2013-14	29,787 (90%)	$10,697	18,080 (67%)	$7,056
2014-15	29,753 (91%)	$11,038	18,009 (69%)	$7,180
2015-16	28,286 (93%)	$12,050	17,479 (65%)	$6,437
2016-17	30,054 (89%)	$12,364	18,717 (63%)	$6,528
2017-18	31,053 (90%)	$12,861	19,226 (62%)	$6,486
2018-19	30,933 (91%)	$13,452	17,376 (62%)	$7,081
2019-20	31,757 (91%)	$14,225	16,957 (58%)	$7,047
2020-21	30,589 (91%)	$14,690	14,012 (54%)	$6,518
2021-22	32,609 (93%)	$15,291	14,844 (54%)	$6,823
Average	30,396 (90.80%)	$12,707	17,282 (62.30%)	$6,792

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 13,637 (52.30 % of students) received Pell (federal) grants and its average amount is $4,518. In addition, 20,320 students received State/local government grants/scholarships (48.80 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2012-13	13,919 (57%)	$4,125	3,445 (20%)	$1,063	20,259 (45%)	$4,505	16,463 (59%)	$7,494
2013-14	14,106 (57%)	$4,203	3,686 (22%)	$1,103	20,488 (45%)	$4,379	17,062 (67%)	$8,156
2014-15	13,774 (57%)	$4,335	3,179 (22%)	$1,270	20,209 (47%)	$4,405	17,757 (67%)	$8,239
2015-16	12,680 (55%)	$4,471	2,862 (19%)	$1,270	18,954 (45%)	$4,154	17,403 (72%)	$8,864
2016-17	13,576 (49%)	$4,425	3,064 (18%)	$1,369	20,321 (47%)	$4,164	18,688 (71%)	$9,571
2017-18	14,369 (49%)	$4,406	2,987 (16%)	$1,516	21,172 (50%)	$4,319	20,303 (72%)	$9,967
2018-19	13,925 (52%)	$4,731	3,276 (21%)	$1,342	21,075 (50%)	$4,240	20,792 (73%)	$10,413
2019-20	13,820 (49%)	$4,748	15,752 (40%)	$1,179	21,278 (53%)	$4,464	22,222 (75%)	$11,440
2020-21	12,787 (50%)	$4,767	12,411 (38%)	$1,335	20,039 (53%)	$4,380	22,685 (72%)	$11,216
2021-22	13,409 (48%)	$4,969	14,395 (40%)	$1,588	19,406 (53%)	$4,355	24,617 (77%)	$11,377
Average	13,637 (52.30%)	$4,518	6,506 (25.60%)	$1,304	20,320 (48.80%)	$4,337	19,799 (70.50%)	$9,674

^*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..

Student Loans

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, 17,282 (62.30 % of students) get any students loan help and its average loan amount is $17,282.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2012-13	18,120 (69%)	$6,761	17,963 (69%)	$6,329	1,025 (7%)	$9,151
2013-14	18,080 (67%)	$7,056	17,878 (66%)	$6,458	1,111 (8%)	$9,914
2014-15	18,009 (69%)	$7,180	17,829 (68%)	$6,613	1,222 (7%)	$9,467
2015-16	17,479 (65%)	$6,437	17,304 (65%)	$5,909	1,121 (5%)	$9,337
2016-17	18,717 (63%)	$6,528	18,494 (63%)	$5,919	1,400 (5%)	$10,349
2017-18	19,226 (62%)	$6,486	19,042 (62%)	$5,736	1,546 (5%)	$10,483
2018-19	17,376 (62%)	$7,081	17,064 (61%)	$6,278	1,665 (5%)	$11,224
2019-20	16,957 (58%)	$7,047	16,666 (57%)	$6,204	1,675 (6%)	$11,686
2020-21	14,012 (54%)	$6,518	13,663 (53%)	$5,681	1,415 (4%)	$12,327
2021-22	14,844 (54%)	$6,823	14,449 (53%)	$5,699	1,696 (5%)	$12,513
Average	17,282 (62.30%)	$6,792	17,035 (61.70%)	$6,083	1,388 (5.70%)	$10,645

Most Searched Tennessee Colleges (last 30 days)

Undergraduate

Meridian Institute of Surgical Assisting Private, 2-4 years | Nashville
Williamson Christian College Private, four-years | Franklin
Virginia College-Knoxville Private, 2-4 years | Knoxville
Miller-Motte College-Chattanooga Private, four-years | Chattanooga
The Salon Professional Academy-Nashville Private, Less than 2-years | Nashville
Hussian College-Daymar College Murfreesboro Private, four-years | Murfreesboro
Franklin Hair Academy School of Cosmetology Private, Less than 2-years | Franklin
Remington College-Nashville Campus Private, 2-4 years | Nashville
Mind Body Institute Private, Less than 2-years | Madison
Tennessee Career Institute Private, Less than 2-years | Columbia

compare schools

Graduate

Nashville Film Institute Private, Less than 2-years | Nashville
Fortis Institute-Nashville Private, 2-4 years | Nashville
University of Memphis Public, four-years | Memphis
East Tennessee State University Public, four-years | Johnson City
Master's Barber & Styling College Private, Less than 2-years | Old Hickory
Paul Mitchell the School-Memphis Private, Less than 2-years | Memphis
Middle Tennessee State University Public, four-years | Murfreesboro
Tennessee College of Applied Technology-Elizabethton Public, 2-4 years | Elizabethton
Massage Institute of Memphis Private, Less than 2-years | Memphis
Love Beauty School Inc Private, Less than 2-years | Manchester

compare schools

Online Schools

Nashville Film Institute Private, Less than 2-years | Nashville
Fortis Institute-Nashville Private, 2-4 years | Nashville
University of Memphis Public, four-years | Memphis
East Tennessee State University Public, four-years | Johnson City
Master's Barber & Styling College Private, Less than 2-years | Old Hickory
Paul Mitchell the School-Memphis Private, Less than 2-years | Memphis
Middle Tennessee State University Public, four-years | Murfreesboro
Tennessee College of Applied Technology-Elizabethton Public, 2-4 years | Elizabethton
Massage Institute of Memphis Private, Less than 2-years | Memphis
Love Beauty School Inc Private, Less than 2-years | Manchester

compare schools

Technical Colleges

Meridian Institute of Surgical Assisting Private, 2-4 years | Nashville
Williamson Christian College Private, four-years | Franklin
Virginia College-Knoxville Private, 2-4 years | Knoxville
Miller-Motte College-Chattanooga Private, four-years | Chattanooga
The Salon Professional Academy-Nashville Private, Less than 2-years | Nashville
Hussian College-Daymar College Murfreesboro Private, four-years | Murfreesboro
Franklin Hair Academy School of Cosmetology Private, Less than 2-years | Franklin
Remington College-Nashville Campus Private, 2-4 years | Nashville
Mind Body Institute Private, Less than 2-years | Madison
Tennessee Career Institute Private, Less than 2-years | Columbia

compare schools

Grants, Scholarships, and Student Loan Stats Trends for Tennessee Colleges

All Undergraduate Students Financial Aid Over Time

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