How Luther Rice College & Seminary'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 Luther Rice College & Seminary since 2011.

For that period, the average number of students who received grants aid/scholarships is 247, which is 67.27 % of all undergraduate students. 200 students which is 54.45% of undergraduate students received federal student loans and the average loan amount is $8,034.

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
2011-12	388 (78%)	$2,707	243 (49%)	$3,846	261 (53%)	$7,601
2012-13	326 (64%)	$3,629	286 (56%)	$3,572	272 (53%)	$9,061
2013-14	337 (66%)	$3,511	298 (58%)	$3,548	274 (54%)	$8,666
2014-15	318 (65%)	$3,339	286 (58%)	$3,253	279 (57%)	$8,440
2015-16	294 (72%)	$3,024	244 (60%)	$3,190	233 (57%)	$8,156
2016-17	213 (61%)	$3,538	194 (55%)	$3,514	186 (53%)	$8,583
2017-18	197 (63%)	$3,712	185 (59%)	$3,546	180 (58%)	$7,826
2018-19	186 (63%)	$3,580	164 (56%)	$3,454	162 (55%)	$7,171
2019-20	147 (62%)	$3,628	124 (52%)	$3,522	133 (56%)	$7,104
2020-21	194 (88%)	$3,215	113 (51%)	$3,739	114 (52%)	$7,551
2021-22	118 (58%)	$5,383	97 (48%)	$4,011	104 (51%)	$8,211
Average	247 (67.27%)	$3,570	203 (54.73%)	$3,563	200 (54.45%)	$8,034

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

For the last 12 years, on average, 2 (70.50 % of students) received grants or scholarships and its average amount is $4,642. It can cover 44.05% of tuition & fees ($10,538).

In addition, 2 (59.00 % of students) students get helped from the students loans (average amount : $6,663).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	6 (55%)	$4,744	5 (45%)	$8,072
2012-13	1 (33%)	$5,550	2 (67%)	$6,931
2013-14	2 (67%)	$4,244	1 (33%)	$9,402
2014-15	2 (67%)	$3,377	-	-
2015-16	3 (75%)	$4,076	2 (50%)	$5,444
2016-17	2 (67%)	$3,717	-	-
2017-18	1 (100%)	$2,003	1 (100%)	$3,464
2018-19	-	-	-	-
2019-20	-	-	-	-
2020-21	1 (100%)	$9,423	-	-
2021-22	-	-	-	-
Average	2 (70.50%)	$4,642	2 (59.00%)	$6,663

^*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 12 years, on average, 1 (53.71 % of students) received Pell (federal) grants and its average amount is $5,021.

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
2011-12	3 (27%)	$5,088	2 (18%)	$113	-	-	5 (45%)	$2,595
2012-13	1 (33%)	$5,550	-	-	-	-	-	-
2013-14	1 (33%)	$5,645	1 (33%)	$113	-	-	2 (67%)	$1,365
2014-15	-	-	-	-	-	-	2 (67%)	$3,377
2015-16	2 (50%)	$4,550	3 (75%)	$50	-	-	3 (75%)	$993
2016-17	1 (33%)	$4,324	1 (33%)	$75	-	-	2 (67%)	$1,517
2017-18	1 (100%)	$2,003	-	-	-	-	-	-
2018-19	-	-	-	-	-	-	-	-
2019-20	-	-	-	-	-	-	-	-
2020-21	1 (100%)	$7,988	1 (100%)	$1,435	-	-	-	-
2021-22	-	-	-	-	-	-	-	-
Average	1 (53.71%)	$5,021	2 (51.80%)	$357	-	-	3 (64.20%)	$1,969

^*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 12 years, on average, 2 (59.00 % of students) get any students loan help and its average loan amount is $2.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	5 (45%)	$8,072	5 (45%)	$8,072	-	-
2012-13	2 (67%)	$6,931	2 (67%)	$6,931	-	-
2013-14	1 (33%)	$9,402	1 (33%)	$9,402	-	-
2014-15	-	-	-	-	-	-
2015-16	2 (50%)	$5,444	2 (50%)	$5,444	-	-
2016-17	-	-	-	-	-	-
2017-18	1 (100%)	$3,464	1 (100%)	$3,464	-	-
2018-19	-	-	-	-	-	-
2019-20	-	-	-	-	-	-
2020-21	-	-	-	-	-	-
2021-22	-	-	-	-	-	-
Average	2 (59.00%)	$6,663	2 (59.00%)	$6,663	-	-

Scholarships, Grants, and Loan Trends at Luther Rice College & Seminary

All Undergraduate Students Financial Aid Over Time

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

Compare Luther Rice College & Seminary in a Variety of Ways