All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Penrose Academy since 2011.
For that period, the average number of students who received grants aid/scholarships is 149, which is 38.45 % of all undergraduate students. 204 students which is 52.82% of undergraduate students received federal student loans and the average loan amount is $7,293.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12102 (32%)$4,23799 (31%)$3,665177 (55%)$8,588
2012-13108 (36%)$4,060102 (34%)$3,491168 (57%)$8,265
2013-14129 (45%)$3,879125 (44%)$3,512173 (61%)$7,892
2014-15125 (42%)$4,625122 (41%)$3,722171 (57%)$7,695
2015-16137 (42%)$4,319127 (39%)$3,594153 (47%)$7,675
2016-17142 (39%)$4,241134 (37%)$3,553184 (50%)$7,120
2017-18162 (51%)$4,743154 (49%)$4,138213 (67%)$6,736
2018-19183 (35%)$4,013182 (35%)$3,913244 (47%)$6,449
2019-20165 (35%)$3,818164 (35%)$3,767200 (42%)$7,024
2020-21188 (34%)$3,772186 (34%)$3,748286 (52%)$6,331
2021-22193 (32%)$4,025193 (32%)$4,025278 (46%)$6,448
Average149 (38.45%)$4,157144 (37.36%)$3,739204 (52.82%)$7,293

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 24 (50.45 % of students) received grants or scholarships and its average amount is $3,952. It can cover 31.18% of tuition & fees ($12,675).
In addition, 32 (69.73 % of students) students get helped from the students loans (average amount : $8,333).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1222 (44%)$4,33336 (72%)$9,893
2012-1323 (53%)$3,89530 (70%)$9,231
2013-1433 (63%)$3,45745 (87%)$7,796
2014-1525 (56%)$4,26334 (76%)$8,304
2015-1611 (65%)$4,27115 (88%)$7,651
2016-178 (30%)$3,60118 (67%)$6,818
2017-1816 (53%)$3,89613 (43%)$10,039
2018-1917 (41%)$4,37125 (61%)$8,508
2019-202 (22%)$4,6475 (56%)$8,756
2020-2145 (85%)$2,31745 (85%)$7,012
2021-2260 (43%)$4,42388 (62%)$7,660
Average24 (50.45%)$3,95232 (69.73%)$8,333
*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, 24 (50.45 % of students) received Pell (federal) grants and its average amount is $3,952.
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
2011-1222 (44%)$4,333------
2012-1323 (53%)$3,895------
2013-1433 (63%)$3,457------
2014-1525 (56%)$4,263------
2015-1611 (65%)$4,271------
2016-178 (30%)$3,601------
2017-1816 (53%)$3,896------
2018-1917 (41%)$4,371------
2019-202 (22%)$4,647------
2020-2145 (85%)$2,317------
2021-2260 (43%)$4,423------
Average24 (50.45%)$3,952------
*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, 32 (69.73 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1236 (72%)$9,89335 (70%)$9,6332 (4%)$9,500
2012-1330 (70%)$9,23130 (70%)$8,9331 (2%)$8,950
2013-1445 (87%)$7,79645 (87%)$7,7311 (2%)$2,900
2014-1534 (76%)$8,30434 (76%)$8,1421 (2%)$5,500
2015-1615 (88%)$7,65115 (88%)$7,0412 (12%)$4,579
2016-1718 (67%)$6,81818 (67%)$6,818--
2017-1813 (43%)$10,03913 (43%)$10,039--
2018-1925 (61%)$8,50824 (59%)$6,1857 (17%)$9,180
2019-205 (56%)$8,7565 (56%)$8,756--
2020-2145 (85%)$7,01240 (75%)$6,4255 (9%)$11,705
2021-2288 (62%)$7,66087 (62%)$6,8499 (6%)$8,691
Average32 (69.73%)$8,33331 (68.45%)$7,8684 (6.75%)$7,626
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