How Lakewood's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lakewood University since 2020.

For that period, the average number of students who received grants aid/scholarships is 37, which is 26.00 % of all undergraduate students. 1 students which is 1.00% of undergraduate students received federal student loans and the average loan amount is $5,888.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2020-21	32 (12%)	$4,795	1 (0%)	$3,173	-	-
2021-22	42 (40%)	$4,334	5 (5%)	$3,173	1 (1%)	$5,888
Average	37 (26.00%)	$4,565	3 (5.00%)	$3,173	1 (1.00%)	$5,888

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

For the last 3 years, on average, 14 (66.50 % of students) received grants or scholarships and its average amount is $8,394. It can cover 80.10% of tuition & fees ($10,479).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2020-21	21 (33%)	$7,155	-	-
2021-22	7 (100%)	$9,632	-	-
Average	14 (66.50%)	$8,394	-	-

^*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 3 years,

In addition, 5 students received State/local government grants/scholarships (51.50 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2020-21	-	-	4 (6%)	$4,000	2 (3%)	$4,041	17 (27%)	$7,422
2021-22	-	-	-	-	7 (100%)	$3,857	7 (100%)	$5,775
Average	-	-	4 (6.00%)	$4,000	5 (51.50%)	$3,949	12 (63.50%)	$6,599

^*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..

Scholarships, Grants, and Loan Trends at Lakewood

All Undergraduate Students Financial Aid Over Time

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

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