Scholarships, Grants, and Loan Trends at UPIKE

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,319, which is 85.44 % of all undergraduate students. 961 students which is 61.56% of undergraduate students received federal student loans and the average loan amount is $7,068.

For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 85% 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 University of Pikeville since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,319, which is 85.44 % of all undergraduate students. 961 students which is 61.56% of undergraduate students received federal student loans and the average loan amount is $7,068.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,305 (68%)$15,959863 (45%)$4,612929 (48%)$7,212
2015-161,233 (65%)$17,704804 (42%)$5,0191,145 (60%)$7,798
2016-171,225 (74%)$17,110763 (46%)$4,9491,084 (65%)$7,954
2017-181,462 (94%)$13,455706 (45%)$5,161921 (59%)$8,105
2018-191,394 (93%)$12,327743 (50%)$5,199882 (59%)$3,564
2019-201,260 (90%)$16,771710 (51%)$5,1581,035 (74%)$6,557
2020-211,276 (95%)$16,289680 (50%)$5,2101,029 (76%)$7,030
2021-221,287 (94%)$14,652576 (42%)$5,056629 (46%)$7,392
2022-231,431 (96%)$14,795592 (40%)$5,435995 (67%)$8,001
Average1,319 (85.44%)$15,451715 (45.67%)$5,089961 (61.56%)$7,068
*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, 306 (99.78 % of students) received grants or scholarships and its average amount is $18,219. It can cover 73.32% of tuition & fees ($24,850).

In addition, 262 (84.78 % of students) students get helped from the students loans (average amount : $6,142).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15351 (100%)$16,069242 (69%)$6,073
2015-16314 (100%)$18,052295 (94%)$7,322
2016-17327 (100%)$18,301312 (95%)$6,923
2017-18279 (100%)$18,042240 (86%)$6,813
2018-19288 (100%)$17,047237 (82%)$3,075
2019-20327 (100%)$19,683320 (98%)$5,710
2020-21298 (98%)$19,952280 (92%)$6,435
2021-22245 (100%)$17,431140 (57%)$7,145
2022-23328 (100%)$19,395296 (90%)$5,783
Average306 (99.78%)$18,219262 (84.78%)$6,142
*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, 198 (64.22 % of students) received Pell (federal) grants and its average amount is $4,998.

In addition, 232 students received State/local government grants/scholarships (75.33 % 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
2014-15244 (70%)$4,55414 (4%)$2,036275 (78%)$4,944349 (99%)$9,000
2015-16213 (68%)$5,10914 (4%)$1,243236 (75%)$5,314312 (99%)$10,605
2016-17220 (67%)$4,99726 (8%)$1,446255 (78%)$5,355323 (98%)$10,780
2017-18182 (65%)$5,10534 (12%)$2,156211 (76%)$5,499279 (100%)$10,290
2018-19197 (68%)$5,28635 (12%)$929222 (77%)$5,727288 (100%)$8,904
2019-20220 (67%)$4,861251 (77%)$1,410254 (78%)$5,557326 (100%)$11,048
2020-21187 (61%)$5,075238 (78%)$875234 (77%)$5,675295 (97%)$11,731
2021-22140 (57%)$4,853114 (47%)$580167 (68%)$5,497244 (100%)$10,685
2022-23181 (55%)$5,13864 (19%)$1,955234 (71%)$7,595327 (99%)$10,793
Average198 (64.22%)$4,99888 (29.00%)$1,403232 (75.33%)$5,685305 (99.11%)$10,426
*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, 262 (84.78 % of students) get any students loan help and its average loan amount is $262.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15242 (69%)$6,073242 (69%)$5,9513 (1%)$9,800
2015-16295 (94%)$7,322295 (94%)$6,95312 (4%)$9,052
2016-17312 (95%)$6,923312 (95%)$6,6458 (2%)$10,825
2017-18240 (86%)$6,813239 (86%)$6,4688 (3%)$11,135
2018-19237 (82%)$3,075237 (82%)$2,9782 (1%)$11,500
2019-20320 (98%)$5,710320 (98%)$5,33212 (4%)$10,058
2020-21280 (92%)$6,435280 (92%)$5,94613 (4%)$10,525
2021-22140 (57%)$7,145140 (57%)$6,4218 (3%)$12,662
2022-23296 (90%)$5,783295 (90%)$5,35018 (5%)$7,418
Average262 (84.78%)$6,142262 (84.78%)$5,7839 (3.00%)$10,331

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