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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 Olivet Nazarene University since 2011.
For that period, the average number of students who received grants aid/scholarships is 3,003, which is 94.45 % of all undergraduate students. 2,277 students which is 71.45% of undergraduate students received federal student loans and the average loan amount is $7,227.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,893 (95%)$15,961980 (32%)$3,6992,152 (70%)$9,338
2012-133,035 (95%)$16,4031,011 (32%)$3,6892,251 (70%)$7,217
2013-143,128 (94%)$18,9491,098 (33%)$4,1192,413 (72%)$7,726
2014-153,143 (89%)$19,9381,118 (32%)$4,0882,536 (72%)$7,394
2015-163,129 (92%)$21,6491,036 (30%)$4,3842,411 (71%)$7,275
2016-173,136 (93%)$19,6831,013 (30%)$4,0092,427 (72%)$7,207
2017-183,201 (95%)$22,3691,068 (32%)$4,1652,444 (73%)$7,023
2018-193,099 (96%)$22,7911,076 (33%)$4,2942,332 (72%)$6,728
2019-202,990 (96%)$25,1321,080 (35%)$4,4892,232 (72%)$6,610
2020-212,704 (97%)$26,198980 (35%)$4,6902,011 (72%)$6,623
2021-222,571 (97%)$26,948925 (35%)$4,7211,843 (70%)$6,357
Average3,003 (94.45%)$21,4561,035 (32.64%)$4,2132,277 (71.45%)$7,227

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 699 (100.00 % of students) received grants or scholarships and its average amount is $24,179. It can cover 63.73% of tuition & fees ($37,940).
In addition, 532 (76.00 % of students) students get helped from the students loans (average amount : $7,106).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12705 (100%)$17,545523 (74%)$7,056
2012-13666 (100%)$18,934499 (75%)$7,577
2013-14753 (100%)$21,910582 (77%)$7,298
2014-15779 (100%)$22,234605 (78%)$7,201
2015-16730 (100%)$23,586556 (76%)$7,142
2016-17704 (100%)$23,905514 (73%)$6,869
2017-18750 (100%)$25,347578 (77%)$6,818
2018-19691 (100%)$26,249532 (77%)$7,104
2019-20696 (100%)$28,153543 (78%)$6,929
2020-21557 (100%)$28,396438 (78%)$7,065
2021-22660 (100%)$29,708480 (73%)$7,107
Average699 (100.00%)$24,179532 (76.00%)$7,106
*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, 252 (36.18 % of students) received Pell (federal) grants and its average amount is $4,237.
In addition, 188 students received State/local government grants/scholarships (26.82 % 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
2011-12209 (30%)$3,684113 (16%)$1,698158 (22%)$4,226700 (99%)$15,343
2012-13238 (36%)$3,783122 (18%)$1,827171 (26%)$4,435666 (100%)$16,108
2013-14283 (38%)$4,035123 (16%)$1,045218 (29%)$4,568753 (100%)$18,900
2014-15264 (34%)$3,96894 (12%)$931188 (24%)$4,268778 (100%)$19,773
2015-16227 (31%)$4,36395 (13%)$1,276171 (23%)$4,533729 (100%)$21,031
2016-17228 (32%)$4,07892 (13%)$926158 (22%)$4,179703 (100%)$21,556
2017-18285 (38%)$4,359125 (17%)$941193 (26%)$4,560750 (100%)$22,361
2018-19264 (38%)$4,261111 (16%)$1,010196 (28%)$4,728691 (100%)$23,118
2019-20289 (42%)$4,467135 (19%)$1,896259 (37%)$4,836696 (100%)$24,131
2020-21224 (40%)$4,804291 (52%)$1,397166 (30%)$5,071556 (100%)$24,267
2021-22257 (39%)$4,806372 (56%)$2,187188 (28%)$5,309660 (100%)$25,092
Average252 (36.18%)$4,237152 (22.55%)$1,376188 (26.82%)$4,610698 (99.91%)$21,062
*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, 532 (76.00 % of students) get any students loan help and its average loan amount is $532.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12523 (74%)$7,056517 (73%)$5,66579 (11%)$9,640
2012-13499 (75%)$7,577496 (74%)$6,00476 (11%)$10,563
2013-14582 (77%)$7,298580 (77%)$6,41154 (7%)$9,797
2014-15605 (78%)$7,201601 (77%)$5,86373 (9%)$11,410
2015-16556 (76%)$7,142555 (76%)$5,98561 (8%)$10,649
2016-17514 (73%)$6,869510 (72%)$5,67960 (9%)$10,573
2017-18578 (77%)$6,818576 (77%)$5,65864 (9%)$10,649
2018-19532 (77%)$7,104527 (76%)$5,39279 (11%)$11,869
2019-20543 (78%)$6,929542 (78%)$5,39972 (10%)$11,615
2020-21438 (78%)$7,065437 (78%)$5,43659 (11%)$12,187
2021-22480 (73%)$7,107479 (73%)$5,36166 (10%)$12,774
Average532 (76.00%)$7,106529 (75.55%)$5,71468 (9.64%)$11,066

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