Scholarships, Grants, and Loan Trends at Benedictine

15%

Received Percent Changed

$6,278

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,378, which is 86.78 % of all undergraduate students. 1,663 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $7,184.

For full-time, first-time beginning students (freshmen), 97.22% of students received grants or scholarships and 67% 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 Benedictine University since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,378, which is 86.78 % of all undergraduate students. 1,663 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $7,184.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153,017 (79%)$13,3301,478 (39%)$4,2152,343 (61%)$7,359
2015-162,674 (80%)$14,6781,258 (38%)$4,3522,096 (63%)$7,509
2016-172,637 (83%)$15,5191,176 (37%)$4,3721,997 (63%)$7,611
2017-182,462 (85%)$16,5661,178 (41%)$4,4941,862 (65%)$7,590
2018-192,398 (88%)$17,5721,144 (42%)$4,5551,720 (63%)$7,268
2019-202,219 (89%)$18,1401,017 (41%)$4,8101,505 (60%)$7,072
2020-212,082 (91%)$18,632891 (39%)$4,9431,259 (55%)$7,006
2021-222,001 (92%)$19,080939 (43%)$5,2701,177 (54%)$6,800
2022-231,915 (94%)$19,608800 (39%)$5,3131,008 (49%)$6,440
Average2,378 (86.78%)$17,0141,098 (39.89%)$4,7031,663 (59.22%)$7,184
*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, 445 (97.22 % of students) received grants or scholarships and its average amount is $19,042. It can cover 58.32% of tuition & fees ($32,648).

In addition, 309 (66.78 % of students) students get helped from the students loans (average amount : $6,629).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15650 (97%)$15,372499 (75%)$6,325
2015-16443 (99%)$17,475333 (74%)$6,482
2016-17547 (99%)$18,272398 (72%)$6,779
2017-18417 (99%)$18,891291 (69%)$7,122
2018-19451 (100%)$20,660306 (68%)$6,641
2019-20303 (88%)$19,122198 (58%)$7,033
2020-21400 (100%)$20,018265 (66%)$6,278
2021-22408 (99%)$20,083277 (67%)$6,294
2022-23389 (94%)$21,484214 (52%)$6,707
Average445 (97.22%)$19,042309 (66.78%)$6,629
*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, 194 (42.44 % of students) received Pell (federal) grants and its average amount is $4,767.

In addition, 157 students received State/local government grants/scholarships (34.11 % 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
2014-15288 (43%)$4,28269 (10%)$868247 (37%)$4,226646 (97%)$11,849
2015-16186 (42%)$4,61166 (15%)$789169 (38%)$4,257441 (98%)$13,860
2016-17224 (41%)$4,60269 (13%)$832186 (34%)$4,334545 (99%)$14,863
2017-18184 (44%)$4,49332 (8%)$816154 (37%)$4,497417 (99%)$15,185
2018-19197 (43%)$4,64372 (16%)$892138 (30%)$4,424451 (100%)$17,136
2019-20153 (44%)$5,01671 (21%)$834105 (31%)$5,140303 (88%)$14,613
2020-21178 (44%)$4,931116 (29%)$1,092142 (35%)$4,755400 (100%)$15,819
2021-22165 (40%)$4,99178 (19%)$794125 (30%)$5,102408 (99%)$16,349
2022-23171 (41%)$5,33586 (21%)$859144 (35%)$6,430389 (94%)$16,568
Average194 (42.44%)$4,76773 (16.89%)$864157 (34.11%)$4,796444 (97.11%)$15,138
*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, 309 (66.78 % of students) get any students loan help and its average loan amount is $309.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15499 (75%)$6,325496 (74%)$5,59734 (5%)$11,183
2015-16333 (74%)$6,482332 (74%)$5,53226 (6%)$12,377
2016-17398 (72%)$6,779398 (72%)$5,59139 (7%)$12,125
2017-18291 (69%)$7,122289 (69%)$5,62533 (8%)$13,543
2018-19306 (68%)$6,641304 (67%)$5,52423 (5%)$15,335
2019-20198 (58%)$7,033198 (58%)$5,53521 (6%)$14,125
2020-21265 (66%)$6,278264 (66%)$5,19921 (5%)$13,856
2021-22277 (67%)$6,294277 (67%)$5,21319 (5%)$15,763
2022-23214 (52%)$6,707209 (50%)$5,15319 (5%)$18,863
Average309 (66.78%)$6,629307 (66.33%)$5,44126 (5.78%)$14,130

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