Scholarships, Grants, and Loan Trends at Centra

25%

Received Percent Changed

$1,950

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 155, which is 59.56 % of all undergraduate students. 211 students which is 79.33% of undergraduate students received federal student loans and the average loan amount is $5,660.

For full-time, first-time beginning students (freshmen), 73.83% of students received grants or scholarships and 71% 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 Centra College since 2014.

For that period, the average number of students who received grants aid/scholarships is 155, which is 59.56 % of all undergraduate students. 211 students which is 79.33% of undergraduate students received federal student loans and the average loan amount is $5,660.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1578 (52%)$1,89678 (52%)$1,896117 (77%)$6,080
2015-1682 (53%)$1,83876 (49%)$1,796111 (72%)$4,044
2016-1785 (49%)$1,94481 (47%)$1,730115 (66%)$4,065
2017-18257 (85%)$2,989218 (72%)$2,898286 (95%)$6,485
2018-19231 (66%)$3,094231 (66%)$3,077344 (98%)$5,992
2019-20102 (29%)$2,051102 (29%)$1,973297 (85%)$3,170
2020-21181 (57%)$3,258154 (48%)$3,489228 (71%)$6,670
2021-22207 (68%)$3,572147 (48%)$3,580230 (76%)$7,760
2022-23176 (77%)$3,846100 (44%)$3,948169 (74%)$6,675
Average155 (59.56%)$2,721132 (50.56%)$2,710211 (79.33%)$5,660
*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, 5 (73.83 % of students) received grants or scholarships and its average amount is $5,579. It can cover 53.39% of tuition & fees ($10,449).

In addition, 5 (70.67 % of students) students get helped from the students loans (average amount : $4,573).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15----
2015-16----
2016-17----
2017-189 (60%)$4,67312 (80%)$5,103
2018-195 (50%)$4,2036 (60%)$2,849
2019-205 (50%)$5,1785 (50%)$2,691
2020-215 (83%)$6,0224 (67%)$7,460
2021-221 (100%)$6,4951 (100%)$6,333
2022-233 (100%)$6,9032 (67%)$3,001
Average5 (73.83%)$5,5795 (70.67%)$4,573
*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, 5 (68.33 % of students) received Pell (federal) grants and its average amount is $5,433.

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
2014-15--------
2015-16--------
2016-17--------
2017-189 (60%)$3,618----3 (20%)$3,167
2018-195 (50%)$3,403----1 (10%)$4,000
2019-205 (50%)$3,578----2 (20%)$4,000
2020-215 (83%)$6,022------
2021-221 (100%)$6,495------
2022-232 (67%)$9,480----2 (67%)$875
Average5 (68.33%)$5,433----2 (29.25%)$3,011
*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, 5 (70.67 % of students) get any students loan help and its average loan amount is $5.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15------
2015-16------
2016-17------
2017-1812 (80%)$5,10312 (80%)$5,103--
2018-196 (60%)$2,8496 (60%)$2,849--
2019-205 (50%)$2,6915 (50%)$2,691--
2020-214 (67%)$7,4604 (67%)$7,460--
2021-221 (100%)$6,3331 (100%)$6,333--
2022-232 (67%)$3,0012 (67%)$3,001--
Average5 (70.67%)$4,5735 (70.67%)$4,573--

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