Scholarships, Grants, and Loan Trends at Mars Hill

-3%

Received Percent Changed

$1,995

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,137, which is 96.11 % of all undergraduate students. 906 students which is 75.89% of undergraduate students received federal student loans and the average loan amount is $7,185.

For full-time, first-time beginning students (freshmen), 99.00% of students received grants or scholarships and 79% 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 Mars Hill University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,137, which is 96.11 % of all undergraduate students. 906 students which is 75.89% of undergraduate students received federal student loans and the average loan amount is $7,185.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,401 (99%)$27,659862 (61%)$4,1741,194 (84%)$7,856
2015-161,362 (98%)$19,941799 (57%)$4,2301,145 (82%)$9,478
2016-171,348 (98%)$20,954770 (56%)$4,1851,113 (81%)$6,919
2017-181,237 (98%)$23,008776 (61%)$4,253955 (76%)$7,419
2018-19937 (85%)$23,500672 (61%)$4,340907 (82%)$6,657
2019-201,036 (99%)$24,568577 (55%)$4,544787 (76%)$7,088
2020-21965 (95%)$25,668544 (53%)$4,818743 (73%)$6,269
2021-22991 (97%)$27,638481 (47%)$4,997681 (66%)$6,480
2022-23959 (96%)$29,654420 (42%)$5,070628 (63%)$6,499
Average1,137 (96.11%)$24,732656 (54.78%)$4,512906 (75.89%)$7,185
*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, 319 (99.00 % of students) received grants or scholarships and its average amount is $26,177. It can cover 69.37% of tuition & fees ($37,736).

In addition, 257 (79.11 % of students) students get helped from the students loans (average amount : $7,479).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15397 (98%)$21,175327 (81%)$7,509
2015-16385 (100%)$22,055319 (83%)$6,309
2016-17394 (100%)$24,215331 (84%)$6,439
2017-18353 (100%)$27,126280 (79%)$7,504
2018-19257 (98%)$29,126215 (82%)$6,791
2019-20270 (99%)$26,761235 (86%)$7,261
2020-21284 (99%)$27,309212 (74%)$8,304
2021-22293 (99%)$28,916225 (76%)$8,634
2022-23241 (98%)$28,914165 (67%)$8,564
Average319 (99.00%)$26,177257 (79.11%)$7,479
*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, 191 (59.00 % of students) received Pell (federal) grants and its average amount is $4,600.

In addition, 188 students received State/local government grants/scholarships (58.22 % 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
2014-15227 (56%)$4,37212 (3%)$2,625221 (55%)$4,372395 (98%)$16,244
2015-16228 (59%)$4,44311 (3%)$3,856220 (57%)$4,389385 (100%)$16,805
2016-17236 (60%)$4,3504 (1%)$1,131235 (60%)$4,765394 (100%)$18,756
2017-18222 (63%)$4,36212 (3%)$2,666234 (66%)$4,833347 (98%)$21,452
2018-19167 (64%)$4,36519 (7%)$2,716189 (72%)$4,854257 (98%)$22,519
2019-20189 (69%)$4,62914 (5%)$3,214177 (65%)$5,012270 (99%)$20,068
2020-21153 (53%)$4,87313 (5%)$3,145185 (64%)$5,295281 (98%)$21,315
2021-22198 (67%)$4,94517 (6%)$1,688145 (49%)$6,096293 (99%)$22,459
2022-2399 (40%)$5,06515 (6%)$3,14188 (36%)$6,312239 (97%)$24,536
Average191 (59.00%)$4,60013 (4.33%)$2,687188 (58.22%)$5,103318 (98.56%)$20,462
*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, 257 (79.11 % of students) get any students loan help and its average loan amount is $257.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15327 (81%)$7,509327 (81%)$6,76924 (6%)$10,080
2015-16319 (83%)$6,309319 (83%)$5,85917 (4%)$8,460
2016-17331 (84%)$6,439331 (84%)$5,54826 (7%)$11,344
2017-18280 (79%)$7,504280 (79%)$5,42853 (15%)$10,967
2018-19215 (82%)$6,791213 (82%)$5,32431 (12%)$10,519
2019-20235 (86%)$7,261231 (84%)$5,59033 (12%)$12,580
2020-21212 (74%)$8,304212 (74%)$5,35044 (15%)$14,231
2021-22225 (76%)$8,634225 (76%)$5,65047 (16%)$14,286
2022-23165 (67%)$8,564163 (66%)$5,33541 (17%)$13,254
Average257 (79.11%)$7,479256 (78.78%)$5,65035 (11.56%)$11,747

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