Scholarships, Grants, and Loan Trends at TC

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 583, which is 87.55 % of all undergraduate students. 463 students which is 69.55% of undergraduate students received federal student loans and the average loan amount is $7,226.
For full-time, first-time beginning students (freshmen), 99.91% of students received grants or scholarships and 72% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Tabor College since 2011.
For that period, the average number of students who received grants aid/scholarships is 583, which is 87.55 % of all undergraduate students. 463 students which is 69.55% of undergraduate students received federal student loans and the average loan amount is $7,226.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12628 (89%)$12,963285 (40%)$3,794552 (78%)$7,255
2012-13638 (86%)$13,058270 (36%)$3,856572 (77%)$7,408
2013-14614 (87%)$14,065253 (36%)$3,948526 (75%)$7,409
2014-15628 (89%)$30,363240 (34%)$3,734521 (73%)$7,333
2015-16576 (84%)$9,079321 (47%)$3,726530 (77%)$7,717
2016-17551 (82%)$14,452289 (43%)$3,812526 (79%)$7,599
2017-18578 (81%)$17,091244 (34%)$4,110112 (16%)$5,995
2018-19553 (84%)$18,392250 (38%)$4,158470 (72%)$6,796
2019-20522 (95%)$17,016232 (42%)$4,279395 (72%)$7,089
2020-21559 (95%)$18,157225 (38%)$4,481401 (68%)$6,336
2021-22566 (91%)$23,905237 (38%)$4,617484 (78%)$8,551
Average583 (87.55%)$17,140259 (38.73%)$4,047463 (69.55%)$7,226

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

For the last 12 years, on average, 153 (99.91 % of students) received grants or scholarships and its average amount is $18,399. It can cover 52.49% of tuition & fees ($35,050).
In addition, 111 (71.91 % of students) students get helped from the students loans (average amount : $6,252).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12151 (100%)$13,691127 (84%)$5,891
2012-13140 (100%)$13,869111 (79%)$7,087
2013-14159 (100%)$14,382114 (72%)$6,569
2014-15159 (100%)$16,136114 (72%)$6,396
2015-16150 (100%)$17,356113 (75%)$6,377
2016-17136 (100%)$17,70586 (63%)$4,183
2017-18148 (99%)$17,55739 (26%)$6,558
2018-19163 (100%)$19,052132 (81%)$6,736
2019-20128 (100%)$21,300104 (81%)$6,599
2020-21171 (100%)$24,231114 (67%)$6,786
2021-22183 (100%)$27,113166 (91%)$5,593
Average153 (99.91%)$18,399111 (71.91%)$6,252
*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 12 years, on average, 67 (43.73 % of students) received Pell (federal) grants and its average amount is $3,971.
In addition, 42 students received State/local government grants/scholarships (27.64 % 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
2011-1271 (47%)$3,35744 (29%)$81145 (30%)$2,630151 (100%)$11,092
2012-1360 (43%)$3,32856 (40%)$69133 (24%)$2,798140 (100%)$11,507
2013-1468 (43%)$3,76561 (38%)$53546 (29%)$2,921159 (100%)$11,722
2014-1561 (38%)$3,72961 (38%)$81244 (28%)$2,815159 (100%)$13,616
2015-1661 (41%)$4,35159 (39%)$69546 (31%)$3,019150 (100%)$14,387
2016-1760 (44%)$3,91050 (37%)$51038 (28%)$2,855136 (100%)$14,994
2017-1863 (42%)$3,6442 (1%)$3,73642 (28%)$2,748147 (99%)$15,279
2018-1963 (39%)$4,1011 (1%)$3,75246 (28%)$2,712163 (100%)$16,678
2019-2072 (56%)$4,328108 (84%)$82532 (25%)$3,084128 (100%)$17,398
2020-2177 (45%)$4,64550 (29%)$1,06438 (22%)$3,559171 (100%)$21,038
2021-2278 (43%)$4,52788 (48%)$3,49957 (31%)$3,442183 (100%)$22,428
Average67 (43.73%)$3,97153 (34.91%)$1,53942 (27.64%)$2,962153 (99.91%)$15,467
*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 12 years, on average, 111 (71.91 % of students) get any students loan help and its average loan amount is $111.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12127 (84%)$5,891127 (84%)$5,00713 (9%)$8,639
2012-13111 (79%)$7,087111 (79%)$6,13711 (8%)$9,587
2013-14114 (72%)$6,569114 (72%)$5,8029 (6%)$9,716
2014-15114 (72%)$6,396114 (72%)$5,71910 (6%)$7,711
2015-16113 (75%)$6,377113 (75%)$5,4718 (5%)$12,801
2016-1786 (63%)$4,18386 (63%)$3,2678 (6%)$9,849
2017-1839 (26%)$6,55827 (18%)$3,09315 (10%)$11,485
2018-19132 (81%)$6,736132 (81%)$5,49315 (9%)$10,943
2019-20104 (81%)$6,59993 (73%)$5,99212 (9%)$10,749
2020-21114 (67%)$6,786114 (67%)$5,58210 (6%)$13,720
2021-22166 (91%)$5,593165 (90%)$5,1429 (5%)$8,886
Average111 (71.91%)$6,252109 (70.36%)$5,15511 (7.18%)$10,371
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