Scholarships, Grants, and Loan Trends at Liberty

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 37,304, which is 78.33 % of all undergraduate students. 27,265 students which is 57.33% of undergraduate students received federal student loans and the average loan amount is $7,561.

For full-time, first-time beginning students (freshmen), 94.33% of students received grants or scholarships and 57% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Liberty University since 2014.

For that period, the average number of students who received grants aid/scholarships is 37,304, which is 78.33 % of all undergraduate students. 27,265 students which is 57.33% of undergraduate students received federal student loans and the average loan amount is $7,561.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1541,321 (84%)$6,27824,609 (50%)$3,69132,843 (67%)$7,806
2015-1641,506 (84%)$6,57023,213 (47%)$3,71631,462 (64%)$7,891
2016-1739,006 (84%)$6,93721,272 (46%)$3,67929,391 (63%)$7,598
2017-1838,073 (84%)$7,50920,354 (45%)$4,19027,102 (60%)$7,656
2018-1932,190 (70%)$7,55019,943 (43%)$4,26526,023 (57%)$7,526
2019-2031,809 (68%)$8,17519,620 (42%)$4,42025,915 (55%)$7,525
2020-2131,434 (66%)$8,19518,643 (39%)$4,58324,895 (52%)$7,484
2021-2240,160 (83%)$7,34418,459 (38%)$4,48323,779 (49%)$7,325
2022-2340,241 (82%)$6,88819,112 (39%)$4,65223,976 (49%)$7,236
Average37,304 (78.33%)$7,27220,581 (43.22%)$4,18727,265 (57.33%)$7,561
*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, 3,692 (94.33 % of students) received grants or scholarships and its average amount is $11,419. It can cover 70.60% of tuition & fees ($16,173).

In addition, 2,202 (56.67 % of students) students get helped from the students loans (average amount : $7,878).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153,327 (95%)$9,7442,248 (65%)$7,137
2015-163,513 (95%)$10,7682,103 (57%)$7,005
2016-173,232 (96%)$10,4002,002 (59%)$7,828
2017-183,234 (95%)$10,5952,018 (59%)$8,133
2018-193,367 (92%)$11,3692,053 (56%)$8,239
2019-203,810 (92%)$12,9662,348 (57%)$8,154
2020-213,823 (89%)$12,4312,279 (53%)$8,624
2021-224,354 (98%)$12,4712,362 (53%)$7,676
2022-234,570 (97%)$12,0232,402 (51%)$8,105
Average3,692 (94.33%)$11,4192,202 (56.67%)$7,878
*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, 1,205 (31.00 % of students) received Pell (federal) grants and its average amount is $4,720.

In addition, 824 students received State/local government grants/scholarships (21.22 % 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
2014-151,381 (40%)$4,288331 (9%)$1,383789 (23%)$2,9732,856 (82%)$8,296
2015-161,198 (32%)$4,416313 (8%)$1,122838 (23%)$2,9853,259 (88%)$9,109
2016-17976 (29%)$4,290256 (8%)$1,141750 (22%)$3,0972,995 (89%)$8,952
2017-181,048 (31%)$4,715285 (8%)$1,310758 (22%)$3,1772,941 (86%)$9,025
2018-191,094 (30%)$4,830344 (9%)$1,981833 (23%)$3,1672,956 (81%)$10,039
2019-201,253 (30%)$4,8962,767 (67%)$1,885912 (22%)$3,2463,238 (78%)$10,836
2020-211,224 (28%)$4,991841 (20%)$3,176835 (19%)$3,6343,296 (77%)$10,834
2021-221,264 (29%)$4,9801,256 (28%)$2,100809 (18%)$3,6664,329 (98%)$9,795
2022-231,404 (30%)$5,075475 (10%)$904895 (19%)$4,1604,563 (97%)$9,570
Average1,205 (31.00%)$4,720763 (18.56%)$1,667824 (21.22%)$3,3453,381 (86.22%)$9,606
*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, 2,202 (56.67 % of students) get any students loan help and its average loan amount is $2,202.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-152,248 (65%)$7,1372,237 (64%)$5,825234 (7%)$12,870
2015-162,103 (57%)$7,0052,089 (56%)$5,577241 (6%)$12,787
2016-172,002 (59%)$7,8281,983 (59%)$5,545312 (9%)$14,984
2017-182,018 (59%)$8,1332,003 (59%)$5,592332 (10%)$15,696
2018-192,053 (56%)$8,2392,029 (56%)$5,489346 (9%)$16,697
2019-202,348 (57%)$8,1542,328 (56%)$5,602375 (9%)$16,278
2020-212,279 (53%)$8,6242,238 (52%)$5,619408 (9%)$17,351
2021-222,362 (53%)$7,6762,332 (53%)$5,402342 (8%)$16,184
2022-232,402 (51%)$8,1052,362 (50%)$5,396403 (9%)$16,681
Average2,202 (56.67%)$7,8782,178 (56.11%)$5,561333 (8.44%)$15,503

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