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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at McPherson College since 2011.
For that period, the average number of students who received grants aid/scholarships is 683, which is 96.45 % of all undergraduate students. 491 students which is 69.82% of undergraduate students received federal student loans and the average loan amount is $8,607.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12584 (98%)$12,491282 (47%)$3,864502 (84%)$7,356
2012-13583 (95%)$13,143264 (43%)$4,055496 (81%)$9,692
2013-14609 (96%)$14,429286 (45%)$4,053517 (81%)$10,014
2014-15604 (98%)$14,661260 (42%)$4,164469 (76%)$9,970
2015-16631 (98%)$16,369258 (40%)$4,388474 (73%)$10,542
2016-17657 (93%)$23,541294 (42%)$4,082260 (37%)$9,759
2017-18675 (93%)$17,635283 (39%)$4,490485 (67%)$7,105
2018-19741 (96%)$18,104295 (38%)$4,502540 (70%)$6,787
2019-20817 (100%)$27,213298 (36%)$4,851559 (68%)$10,819
2020-21793 (95%)$19,834268 (32%)$4,342563 (67%)$6,372
2021-22819 (99%)$21,522277 (33%)$4,649533 (64%)$6,263
Average683 (96.45%)$18,086279 (39.73%)$4,313491 (69.82%)$8,607

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 192 (99.27 % of students) received grants or scholarships and its average amount is $17,623. It can cover 50.12% of tuition & fees ($35,162).
In addition, 148 (77.09 % of students) students get helped from the students loans (average amount : $8,722).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12130 (97%)$12,647113 (84%)$6,811
2012-13167 (95%)$13,861145 (83%)$9,677
2013-14170 (100%)$15,440145 (85%)$9,241
2014-15151 (100%)$16,666117 (77%)$9,070
2015-16194 (100%)$17,844146 (75%)$10,896
2016-17195 (100%)$17,692147 (75%)$11,855
2017-18202 (100%)$18,939152 (75%)$10,047
2018-19175 (100%)$18,373130 (74%)$7,771
2019-20225 (100%)$20,255157 (70%)$7,594
2020-21230 (100%)$20,222186 (81%)$6,476
2021-22271 (100%)$21,916187 (69%)$6,501
Average192 (99.27%)$17,623148 (77.09%)$8,722
*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, 80 (42.00 % of students) received Pell (federal) grants and its average amount is $4,260.
In addition, 42 students received State/local government grants/scholarships (23.00 % 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
2011-1265 (49%)$4,14153 (40%)$56337 (28%)$2,811130 (97%)$9,546
2012-1377 (44%)$4,14052 (30%)$53766 (38%)$2,652167 (95%)$10,736
2013-1480 (47%)$4,02647 (28%)$1,76450 (29%)$2,750170 (100%)$12,249
2014-1569 (46%)$4,01653 (35%)$57846 (30%)$2,730150 (99%)$13,888
2015-1672 (37%)$4,45654 (28%)$56445 (23%)$3,306194 (100%)$15,266
2016-1788 (45%)$4,05888 (45%)$31541 (21%)$2,890195 (100%)$15,111
2017-1878 (39%)$4,48178 (39%)$33332 (16%)$2,938202 (100%)$16,615
2018-1968 (39%)$4,11968 (39%)$30729 (17%)$2,826175 (100%)$16,185
2019-2088 (39%)$4,75088 (39%)$39035 (16%)$2,714225 (100%)$17,823
2020-2183 (36%)$4,13683 (36%)$33338 (17%)$2,988230 (100%)$18,116
2021-22110 (41%)$4,537111 (41%)$37548 (18%)$3,296271 (100%)$19,337
Average80 (42.00%)$4,26070 (36.36%)$55142 (23.00%)$2,900192 (99.18%)$14,988
*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, 148 (77.09 % of students) get any students loan help and its average loan amount is $148.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12113 (84%)$6,811113 (84%)$6,1469 (7%)$8,348
2012-13145 (83%)$9,677144 (82%)$8,47522 (13%)$8,309
2013-14145 (85%)$9,241145 (85%)$8,22316 (9%)$9,226
2014-15117 (77%)$9,070115 (76%)$8,7216 (4%)$9,701
2015-16146 (75%)$10,896146 (75%)$9,85112 (6%)$12,721
2016-17147 (75%)$11,855146 (75%)$10,68616 (8%)$11,405
2017-18152 (75%)$10,047151 (75%)$8,97715 (7%)$11,440
2018-19130 (74%)$7,771130 (74%)$5,65423 (13%)$11,967
2019-20157 (70%)$7,594157 (70%)$5,64922 (10%)$13,884
2020-21186 (81%)$6,476186 (81%)$5,32817 (7%)$12,570
2021-22187 (69%)$6,501186 (69%)$5,23318 (7%)$13,468
Average148 (77.09%)$8,722147 (76.91%)$7,54016 (8.27%)$11,185

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