Scholarships, Grants, and Loan Trends at MBU

-5%

Received Percent Changed

$7,627

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,168, which is 85.89 % of all undergraduate students. 991 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $6,814.

For full-time, first-time beginning students (freshmen), 99.67% of students received grants or scholarships and 80% 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 Mary Baldwin University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,168, which is 85.89 % of all undergraduate students. 991 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $6,814.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,284 (90%)$14,180824 (58%)$3,8661,179 (83%)$7,999
2015-161,044 (80%)$16,226690 (53%)$3,981944 (72%)$7,990
2016-171,064 (81%)$16,246711 (54%)$4,052945 (72%)$9,101
2017-18921 (81%)$17,067625 (55%)$4,277799 (70%)$3,969
2018-191,136 (86%)$18,634739 (56%)$4,683916 (69%)$7,367
2019-201,247 (88%)$24,999788 (55%)$4,2521,182 (83%)$5,827
2020-211,330 (90%)$20,825754 (51%)$4,7721,050 (71%)$5,825
2021-221,364 (92%)$20,634806 (54%)$4,8581,031 (69%)$6,649
2022-231,123 (85%)$21,807635 (48%)$5,240873 (66%)$6,595
Average1,168 (85.89%)$18,958730 (53.78%)$4,442991 (72.78%)$6,814
*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, 276 (99.67 % of students) received grants or scholarships and its average amount is $24,622. It can cover 116.21% of tuition & fees ($21,187).

In addition, 221 (80.33 % of students) students get helped from the students loans (average amount : $6,827).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15260 (100%)$22,178218 (84%)$7,950
2015-16176 (100%)$23,412140 (80%)$9,575
2016-17225 (100%)$24,169194 (86%)$6,540
2017-18107 (100%)$26,67889 (83%)$5,876
2018-19381 (99%)$25,398306 (80%)$6,899
2019-20394 (100%)$24,616314 (80%)$6,141
2020-21358 (100%)$25,086285 (80%)$6,201
2021-22327 (100%)$24,389257 (78%)$6,013
2022-23258 (98%)$25,673190 (72%)$6,244
Average276 (99.67%)$24,622221 (80.33%)$6,827
*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, 167 (61.00 % of students) received Pell (federal) grants and its average amount is $4,894.

In addition, 154 students received State/local government grants/scholarships (53.78 % 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
2014-15162 (62%)$4,605139 (53%)$444118 (45%)$2,885260 (100%)$17,761
2015-16107 (61%)$4,59577 (44%)$50379 (45%)$2,904176 (100%)$19,095
2016-17143 (63%)$4,52287 (38%)$76999 (44%)$2,950225 (100%)$19,699
2017-1874 (69%)$4,63541 (38%)$71549 (46%)$3,017104 (97%)$22,446
2018-19244 (64%)$5,056136 (35%)$517187 (49%)$3,044376 (98%)$20,754
2019-20227 (58%)$4,698129 (33%)$494249 (63%)$2,966394 (100%)$19,873
2020-21209 (58%)$5,167132 (37%)$599216 (60%)$3,496358 (100%)$19,739
2021-22185 (56%)$5,016104 (32%)$528207 (63%)$3,614324 (99%)$19,272
2022-23152 (58%)$5,75365 (25%)$723181 (69%)$3,954254 (97%)$19,631
Average167 (61.00%)$4,894101 (37.22%)$588154 (53.78%)$3,203275 (99.00%)$19,808
*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, 221 (80.33 % of students) get any students loan help and its average loan amount is $221.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15218 (84%)$7,950218 (84%)$7,26413 (5%)$11,502
2015-16140 (80%)$9,575140 (80%)$9,1218 (5%)$7,958
2016-17194 (86%)$6,540193 (85%)$6,00911 (5%)$9,897
2017-1889 (83%)$5,87689 (83%)$5,4215 (5%)$8,088
2018-19306 (80%)$6,899305 (79%)$6,22922 (6%)$9,603
2019-20314 (80%)$6,141314 (80%)$5,61918 (5%)$9,105
2020-21285 (80%)$6,201283 (79%)$5,59718 (5%)$10,189
2021-22257 (78%)$6,013257 (78%)$5,25620 (6%)$9,726
2022-23190 (72%)$6,244188 (71%)$5,40514 (5%)$12,170
Average221 (80.33%)$6,827221 (79.89%)$6,21314 (5.22%)$9,804

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