Scholarships, Grants, and Loan Trends at PLNU

4%

Received Percent Changed

$2,824

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,628, which is 86.11 % of all undergraduate students. 1,675 students which is 55.22% of undergraduate students received federal student loans and the average loan amount is $7,390.

For full-time, first-time beginning students (freshmen), 91.00% of students received grants or scholarships and 56% 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 Point Loma Nazarene University since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,628, which is 86.11 % of all undergraduate students. 1,675 students which is 55.22% of undergraduate students received federal student loans and the average loan amount is $7,390.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,104 (82%)$15,901693 (27%)$4,3211,568 (61%)$7,101
2015-162,234 (81%)$16,726744 (27%)$4,4311,655 (60%)$7,333
2016-172,496 (82%)$15,958866 (28%)$4,2211,781 (58%)$7,822
2017-182,624 (83%)$16,959933 (30%)$4,2641,843 (59%)$7,524
2018-192,609 (83%)$17,927884 (28%)$4,4561,713 (55%)$7,416
2019-202,719 (85%)$17,859835 (26%)$4,3001,798 (56%)$7,237
2020-212,998 (93%)$17,675851 (26%)$4,5071,609 (50%)$7,609
2021-223,168 (100%)$16,826734 (23%)$4,5281,538 (48%)$7,260
2022-232,697 (86%)$18,725717 (23%)$4,8011,571 (50%)$7,204
Average2,628 (86.11%)$17,173806 (26.44%)$4,4251,675 (55.22%)$7,390
*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, 565 (91.00 % of students) received grants or scholarships and its average amount is $17,854. It can cover 38.60% of tuition & fees ($46,250).

In addition, 346 (55.89 % of students) students get helped from the students loans (average amount : $7,732).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15489 (83%)$15,065370 (63%)$7,786
2015-16512 (85%)$16,716356 (59%)$7,717
2016-17531 (89%)$16,687357 (60%)$7,067
2017-18548 (89%)$17,614365 (59%)$7,676
2018-19585 (89%)$17,848353 (54%)$7,531
2019-20559 (91%)$18,692347 (57%)$8,237
2020-21553 (100%)$18,365255 (46%)$8,117
2021-22662 (100%)$19,422323 (49%)$7,511
2022-23644 (93%)$20,277386 (56%)$7,943
Average565 (91.00%)$17,854346 (55.89%)$7,732
*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, 122 (19.78 % of students) received Pell (federal) grants and its average amount is $4,623.

In addition, 131 students received State/local government grants/scholarships (21.22 % 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
2014-15151 (26%)$4,36833 (6%)$1,164159 (27%)$7,936476 (81%)$11,359
2015-16154 (26%)$4,40420 (3%)$1,170140 (23%)$8,346505 (84%)$13,245
2016-17132 (22%)$4,38317 (3%)$1,456134 (23%)$8,582531 (89%)$13,386
2017-18117 (19%)$4,36118 (3%)$1,375144 (23%)$8,545547 (89%)$14,418
2018-19127 (19%)$4,78527 (4%)$1,444136 (21%)$8,249585 (89%)$14,824
2019-20100 (16%)$4,927101 (17%)$2,000118 (19%)$8,826559 (91%)$15,586
2020-21104 (19%)$4,52696 (17%)$2,540111 (20%)$8,783553 (100%)$15,310
2021-2298 (15%)$5,021662 (100%)$1,161117 (18%)$8,769626 (95%)$16,886
2022-23111 (16%)$4,83046 (7%)$1,544117 (17%)$8,541644 (93%)$17,782
Average122 (19.78%)$4,623113 (17.78%)$1,539131 (21.22%)$8,509558 (90.11%)$14,755
*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, 346 (55.89 % of students) get any students loan help and its average loan amount is $346.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15370 (63%)$7,786368 (63%)$5,73543 (7%)$17,915
2015-16356 (59%)$7,717353 (59%)$5,40647 (8%)$17,855
2016-17357 (60%)$7,067354 (60%)$5,35032 (5%)$19,653
2017-18365 (59%)$7,676364 (59%)$5,40150 (8%)$16,712
2018-19353 (54%)$7,531349 (53%)$5,21242 (6%)$19,984
2019-20347 (57%)$8,237340 (56%)$5,35148 (8%)$21,640
2020-21255 (46%)$8,117248 (45%)$5,32534 (6%)$22,040
2021-22323 (49%)$7,511320 (48%)$5,19533 (5%)$23,135
2022-23386 (56%)$7,943382 (55%)$5,34642 (6%)$24,376
Average346 (55.89%)$7,732342 (55.33%)$5,36941 (6.56%)$20,368

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