Scholarships, Grants, and Loan Trends at OLLU

6%

Received Percent Changed

$6,001

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,258, which is 92.11 % of all undergraduate students. 965 students which is 70.33% of undergraduate students received federal student loans and the average loan amount is $7,329.

For full-time, first-time beginning students (freshmen), 99.33% of students received grants or scholarships and 73% 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 Our Lady of the Lake University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,258, which is 92.11 % of all undergraduate students. 965 students which is 70.33% of undergraduate students received federal student loans and the average loan amount is $7,329.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,411 (88%)$14,636927 (58%)$4,4801,200 (75%)$7,975
2015-161,387 (91%)$15,076883 (58%)$4,3841,161 (76%)$7,669
2016-171,202 (89%)$16,078787 (58%)$4,807985 (73%)$8,193
2017-181,234 (92%)$17,862825 (61%)$4,538992 (74%)$7,611
2018-191,318 (93%)$19,023823 (58%)$4,615990 (70%)$7,428
2019-201,275 (93%)$20,445791 (58%)$4,711939 (69%)$6,977
2020-211,216 (94%)$21,168747 (58%)$4,812857 (66%)$6,738
2021-221,156 (95%)$21,874697 (57%)$4,848788 (65%)$6,627
2022-231,120 (94%)$20,637687 (57%)$5,143772 (65%)$6,747
Average1,258 (92.11%)$18,533796 (58.11%)$4,704965 (70.33%)$7,329
*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, 303 (99.33 % of students) received grants or scholarships and its average amount is $20,961. It can cover 65.29% of tuition & fees ($32,106).

In addition, 223 (72.78 % of students) students get helped from the students loans (average amount : $6,049).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15353 (99%)$18,238288 (81%)$6,848
2015-16306 (100%)$17,055248 (81%)$7,084
2016-17208 (98%)$18,814159 (75%)$6,245
2017-18335 (99%)$21,294259 (77%)$6,065
2018-19371 (99%)$21,670269 (72%)$5,928
2019-20328 (99%)$22,426239 (72%)$6,028
2020-21295 (100%)$21,561197 (67%)$5,487
2021-22248 (100%)$23,349163 (65%)$5,551
2022-23287 (100%)$24,246186 (65%)$5,204
Average303 (99.33%)$20,961223 (72.78%)$6,049
*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, 194 (63.44 % of students) received Pell (federal) grants and its average amount is $4,985.

In addition, 220 students received State/local government grants/scholarships (71.56 % 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
2014-15228 (64%)$4,946119 (33%)$978241 (68%)$4,154347 (97%)$12,083
2015-16207 (68%)$4,478102 (33%)$1,147232 (76%)$3,953306 (100%)$10,647
2016-17136 (64%)$5,13872 (34%)$999148 (69%)$4,477203 (95%)$12,216
2017-18219 (65%)$4,933131 (39%)$906274 (81%)$4,131335 (99%)$14,336
2018-19230 (62%)$4,945125 (34%)$936287 (77%)$4,050371 (99%)$15,156
2019-20211 (64%)$5,051257 (78%)$762270 (82%)$3,971328 (99%)$15,311
2020-21190 (64%)$4,878213 (72%)$880227 (77%)$3,710295 (100%)$14,929
2021-22157 (63%)$4,900218 (88%)$2,937151 (61%)$3,706245 (98%)$15,597
2022-23164 (57%)$5,595167 (58%)$1,280152 (53%)$3,394283 (98%)$18,768
Average194 (63.44%)$4,985156 (52.11%)$1,203220 (71.56%)$3,950301 (98.33%)$14,338
*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, 223 (72.78 % of students) get any students loan help and its average loan amount is $223.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15288 (81%)$6,848286 (80%)$6,61316 (4%)$5,051
2015-16248 (81%)$7,084245 (80%)$6,15321 (7%)$11,869
2016-17159 (75%)$6,245158 (74%)$6,1771 (0%)$17,000
2017-18259 (77%)$6,065258 (77%)$5,69811 (3%)$9,163
2018-19269 (72%)$5,928269 (72%)$5,55610 (3%)$9,993
2019-20239 (72%)$6,028238 (72%)$5,30314 (4%)$12,755
2020-21197 (67%)$5,487196 (66%)$5,0878 (3%)$10,475
2021-22163 (65%)$5,551160 (64%)$4,59014 (6%)$12,175
2022-23186 (65%)$5,204186 (65%)$4,9796 (2%)$7,000
Average223 (72.78%)$6,049222 (72.22%)$5,57311 (4.00%)$10,609

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