Scholarships, Grants, and Loan Trends at Bacone

-12%

Received Percent Changed

$9,447

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 506, which is 88.22 % of all undergraduate students. 390 students which is 58.89% of undergraduate students received federal student loans and the average loan amount is $6,938.

For full-time, first-time beginning students (freshmen), 90.11% of students received grants or scholarships and 59% of students received student loans.

All Undergraduate Students Financial Aid Over Time

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

For that period, the average number of students who received grants aid/scholarships is 506, which is 88.22 % of all undergraduate students. 390 students which is 58.89% of undergraduate students received federal student loans and the average loan amount is $6,938.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15916 (95%)$4,727916 (95%)$4,293866 (89%)$4,682
2015-16622 (74%)$5,359161 (19%)$4,230655 (78%)$8,935
2016-17921 (93%)$11,134723 (73%)$4,570745 (75%)$9,469
2017-18874 (94%)$11,013615 (66%)$4,440635 (68%)$6,842
2018-19232 (86%)$19,820167 (62%)$5,152173 (64%)$7,529
2019-20215 (79%)$8,283175 (65%)$4,820160 (59%)$7,242
2020-21302 (93%)$12,139172 (53%)$4,537135 (42%)$5,914
2021-22253 (97%)$15,317155 (60%)$4,75867 (26%)$6,215
2022-23223 (83%)$14,174143 (53%)$4,98378 (29%)$5,615
Average506 (88.22%)$11,330359 (60.67%)$4,643390 (58.89%)$6,938
*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, 144 (90.11 % of students) received grants or scholarships and its average amount is $11,434. It can cover 75.92% of tuition & fees ($15,060).

In addition, 110 (58.89 % of students) students get helped from the students loans (average amount : $6,096).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15171 (83%)$5,468171 (83%)$9,970
2015-16162 (98%)$4,171162 (98%)$5,025
2016-17335 (84%)$12,768315 (79%)$6,305
2017-18303 (90%)$11,356215 (64%)$6,310
2018-1936 (97%)$13,52932 (86%)$5,971
2019-2064 (88%)$14,95339 (53%)$6,095
2020-2175 (96%)$12,58518 (23%)$5,150
2021-2270 (100%)$14,05216 (23%)$5,053
2022-2379 (75%)$14,02522 (21%)$4,984
Average144 (90.11%)$11,434110 (58.89%)$6,096
*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, 102 (58.89 % of students) received Pell (federal) grants and its average amount is $4,533.

In addition, 67 students received State/local government grants/scholarships (42.89 % 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
2014-15171 (83%)$3,396171 (83%)$541171 (83%)$446171 (83%)$1,085
2015-1638 (23%)$3,0207 (4%)$2,65749 (30%)$4,28068 (41%)$4,891
2016-17302 (76%)$4,493108 (27%)$153167 (42%)$1,625335 (84%)$7,858
2017-18210 (63%)$4,51354 (16%)$44070 (21%)$4,487300 (90%)$7,185
2018-1925 (68%)$5,16121 (57%)$99419 (51%)$2,68634 (92%)$8,415
2019-2048 (66%)$4,62255 (75%)$78743 (59%)$4,82459 (81%)$8,211
2020-2134 (44%)$5,11434 (44%)$1,21226 (33%)$3,28472 (92%)$8,936
2021-2243 (61%)$5,00844 (63%)$2,69426 (37%)$3,02362 (89%)$9,212
2022-2349 (46%)$5,47032 (30%)$3,19632 (30%)$3,19669 (65%)$9,208
Average102 (58.89%)$4,53358 (44.33%)$1,40867 (42.89%)$3,095130 (79.67%)$7,222
*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, 110 (58.89 % of students) get any students loan help and its average loan amount is $110.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15171 (83%)$9,970171 (83%)$5,834171 (83%)$4,136
2015-16162 (98%)$5,025161 (97%)$5,0441 (1%)$2,000
2016-17315 (79%)$6,305303 (76%)$6,27115 (4%)$5,741
2017-18215 (64%)$6,310214 (64%)$6,1544 (1%)$9,925
2018-1932 (86%)$5,97132 (86%)$5,971--
2019-2039 (53%)$6,09539 (53%)$6,095--
2020-2118 (23%)$5,15018 (23%)$5,150--
2021-2216 (23%)$5,05315 (21%)$5,0321 (1%)$5,365
2022-2322 (21%)$4,98422 (21%)$4,984--
Average110 (58.89%)$6,096108 (58.22%)$5,61538 (18.00%)$5,433

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