Scholarships, Grants, and Loan Trends at Lenoir-Rhyne

No Change

Received Percent Changed

$11,407

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,469, which is 87.78 % of all undergraduate students. 1,021 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $6,920.

For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 68% 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 Lenoir-Rhyne University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,469, which is 87.78 % of all undergraduate students. 1,021 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $6,920.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,343 (88%)$21,197649 (43%)$4,3411,021 (67%)$7,710
2015-161,397 (88%)$22,957653 (41%)$4,3561,024 (65%)$7,219
2016-171,480 (87%)$24,624676 (40%)$4,4461,078 (63%)$7,111
2017-181,474 (87%)$26,108691 (41%)$4,4661,056 (62%)$6,983
2018-191,582 (87%)$27,771722 (40%)$4,6291,101 (60%)$6,896
2019-201,605 (87%)$29,998692 (37%)$4,6841,094 (59%)$6,749
2020-211,554 (87%)$30,882639 (36%)$4,9451,040 (58%)$6,614
2021-221,437 (91%)$32,218602 (38%)$4,938919 (58%)$6,561
2022-231,346 (88%)$32,604608 (40%)$5,059852 (56%)$6,439
Average1,469 (87.78%)$27,595659 (39.56%)$4,6521,021 (60.89%)$6,920
*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, 419 (99.89 % of students) received grants or scholarships and its average amount is $30,354. It can cover 95.15% of tuition & fees ($31,900).

In addition, 286 (68.33 % of students) students get helped from the students loans (average amount : $6,598).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15342 (99%)$23,784252 (73%)$6,329
2015-16448 (100%)$26,472321 (72%)$6,389
2016-17464 (100%)$27,385324 (70%)$6,809
2017-18384 (100%)$30,400275 (72%)$6,153
2018-19500 (100%)$30,759333 (67%)$6,372
2019-20454 (100%)$32,804297 (65%)$6,174
2020-21439 (100%)$32,070312 (71%)$6,974
2021-22363 (100%)$35,641242 (67%)$6,577
2022-23373 (100%)$33,874216 (58%)$7,601
Average419 (99.89%)$30,354286 (68.33%)$6,598
*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, 203 (48.78 % of students) received Pell (federal) grants and its average amount is $4,691.

In addition, 232 students received State/local government grants/scholarships (55.33 % 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
2014-15176 (51%)$4,23826 (8%)$3,430195 (56%)$4,313342 (99%)$18,883
2015-16219 (49%)$4,55223 (5%)$2,999245 (55%)$4,698448 (100%)$21,524
2016-17218 (47%)$4,58421 (5%)$3,948276 (59%)$4,775464 (100%)$22,213
2017-18198 (52%)$4,87820 (5%)$3,283230 (60%)$5,233384 (100%)$24,580
2018-19238 (48%)$4,57723 (5%)$3,404271 (54%)$5,056499 (100%)$25,735
2019-20199 (44%)$4,684380 (84%)$951257 (57%)$5,577454 (100%)$26,797
2020-21210 (48%)$4,834366 (83%)$776257 (59%)$5,856439 (100%)$25,682
2021-22178 (49%)$4,959353 (97%)$2,413199 (55%)$6,272363 (100%)$27,424
2022-23190 (51%)$4,91756 (15%)$3,350160 (43%)$6,608372 (100%)$28,107
Average203 (48.78%)$4,691141 (34.11%)$2,728232 (55.33%)$5,376418 (99.89%)$24,549
*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, 286 (68.33 % of students) get any students loan help and its average loan amount is $286.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15252 (73%)$6,329252 (73%)$5,93710 (3%)$9,887
2015-16321 (72%)$6,389317 (71%)$5,86419 (4%)$10,108
2016-17324 (70%)$6,809320 (69%)$6,07423 (5%)$11,413
2017-18275 (72%)$6,153274 (71%)$5,57413 (3%)$12,675
2018-19333 (67%)$6,372330 (66%)$5,54130 (6%)$9,775
2019-20297 (65%)$6,174293 (65%)$5,30326 (6%)$10,766
2020-21312 (71%)$6,974309 (70%)$5,25340 (9%)$13,819
2021-22242 (67%)$6,577236 (65%)$5,32826 (7%)$12,858
2022-23216 (58%)$7,601207 (55%)$5,22137 (10%)$15,162
Average286 (68.33%)$6,598282 (67.22%)$5,56625 (5.89%)$11,829

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