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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 Mount Vernon Nazarene University since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,502, which is 83.36 % of all undergraduate students. 1,179 students which is 65.45% of undergraduate students received federal student loans and the average loan amount is $7,297.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,583 (81%)$10,354824 (42%)$3,6531,428 (73%)$7,809
2012-131,490 (85%)$11,409746 (42%)$3,8511,329 (76%)$7,920
2013-141,525 (83%)$12,220810 (44%)$3,7891,304 (71%)$8,017
2014-151,546 (87%)$13,651734 (42%)$3,8241,292 (73%)$8,006
2015-161,463 (82%)$15,040652 (36%)$3,7451,020 (57%)$7,387
2016-171,538 (84%)$16,400643 (35%)$3,9131,156 (63%)$7,244
2017-181,602 (88%)$16,975659 (36%)$4,0591,128 (62%)$7,178
2018-191,609 (88%)$18,119645 (35%)$4,0771,136 (62%)$6,687
2019-201,614 (89%)$18,823630 (35%)$4,1791,143 (63%)$6,734
2020-211,214 (71%)$22,494605 (35%)$4,2311,053 (62%)$6,774
2021-221,334 (79%)$21,227504 (30%)$4,230981 (58%)$6,516
Average1,502 (83.36%)$16,065677 (37.45%)$3,9591,179 (65.45%)$7,297

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 334 (98.55 % of students) received grants or scholarships and its average amount is $18,176. It can cover 51.16% of tuition & fees ($35,524).
In addition, 258 (75.73 % of students) students get helped from the students loans (average amount : $7,172).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12349 (99%)$12,929292 (82%)$6,683
2012-13281 (97%)$13,307235 (81%)$7,584
2013-14298 (99%)$15,374232 (77%)$7,995
2014-15311 (100%)$16,601242 (78%)$7,305
2015-16356 (100%)$17,976252 (71%)$6,915
2016-17410 (91%)$17,541348 (77%)$7,151
2017-18337 (98%)$19,834262 (76%)$7,236
2018-19372 (100%)$20,612271 (73%)$7,264
2019-20324 (100%)$21,394241 (74%)$6,709
2020-21345 (100%)$21,161260 (75%)$7,096
2021-22294 (100%)$23,202203 (69%)$6,951
Average334 (98.55%)$18,176258 (75.73%)$7,172
*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, 127 (37.09 % of students) received Pell (federal) grants and its average amount is $4,074.
In addition, 75 students received State/local government grants/scholarships (21.91 % 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
2011-12144 (41%)$3,46373 (21%)$81276 (21%)$1,637344 (97%)$11,133
2012-13106 (37%)$4,15673 (25%)$77673 (25%)$2,061281 (97%)$11,002
2013-14127 (42%)$4,08599 (33%)$58480 (27%)$1,928296 (98%)$13,008
2014-15125 (40%)$3,97082 (26%)$77671 (23%)$2,423311 (100%)$14,248
2015-16136 (38%)$3,90390 (25%)$83285 (24%)$2,533356 (100%)$15,670
2016-17186 (41%)$3,82964 (14%)$642115 (25%)$2,610365 (81%)$16,818
2017-18128 (37%)$4,24634 (10%)$1,00478 (23%)$2,993331 (97%)$17,744
2018-19129 (35%)$4,14130 (8%)$1,25762 (17%)$2,955370 (99%)$18,682
2019-20121 (37%)$4,227275 (85%)$52168 (21%)$3,198324 (100%)$18,701
2020-21110 (32%)$4,73544 (13%)$99866 (19%)$3,593345 (100%)$18,837
2021-2283 (28%)$4,06135 (12%)$73447 (16%)$3,440294 (100%)$21,418
Average127 (37.09%)$4,07482 (24.73%)$81275 (21.91%)$2,670329 (97.18%)$16,115
*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, 258 (75.73 % of students) get any students loan help and its average loan amount is $258.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12292 (82%)$6,683291 (82%)$5,91230 (8%)$7,705
2012-13235 (81%)$7,584235 (81%)$6,17833 (11%)$10,013
2013-14232 (77%)$7,995229 (76%)$7,56318 (6%)$6,820
2014-15242 (78%)$7,305239 (77%)$6,14126 (8%)$11,535
2015-16252 (71%)$6,915250 (70%)$5,56640 (11%)$8,778
2016-17348 (77%)$7,151347 (77%)$5,95444 (10%)$9,608
2017-18262 (76%)$7,236261 (76%)$5,74443 (13%)$9,227
2018-19271 (73%)$7,264268 (72%)$5,16462 (17%)$9,428
2019-20241 (74%)$6,709239 (74%)$5,20539 (12%)$9,562
2020-21260 (75%)$7,096255 (74%)$5,24644 (13%)$11,532
2021-22203 (69%)$6,951203 (69%)$4,90136 (12%)$11,558
Average258 (75.73%)$7,172256 (75.27%)$5,77938 (11.00%)$9,615

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