Scholarships, Grants, and Loan Trends at TC

1%

Received Percent Changed

-$5,058

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 561, which is 87.89 % of all undergraduate students. 419 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $7,075.

For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 69% 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 Tabor College since 2014.

For that period, the average number of students who received grants aid/scholarships is 561, which is 87.89 % of all undergraduate students. 419 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $7,075.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15628 (89%)$30,363240 (34%)$3,734521 (73%)$7,333
2015-16576 (84%)$9,079321 (47%)$3,726530 (77%)$7,717
2016-17551 (82%)$14,452289 (43%)$3,812526 (79%)$7,599
2017-18578 (81%)$17,091244 (34%)$4,110112 (16%)$5,995
2018-19553 (84%)$18,392250 (38%)$4,158470 (72%)$6,796
2019-20522 (95%)$17,016232 (42%)$4,279395 (72%)$7,089
2020-21559 (95%)$18,157225 (38%)$4,481401 (68%)$6,336
2021-22566 (91%)$23,905237 (38%)$4,617484 (78%)$8,551
2022-23516 (90%)$25,305216 (38%)$5,043328 (57%)$6,257
Average561 (87.89%)$19,307250 (39.11%)$4,218419 (65.78%)$7,075
*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, 154 (99.89 % of students) received grants or scholarships and its average amount is $20,979. It can cover 57.95% of tuition & fees ($36,200).

In addition, 107 (68.67 % of students) students get helped from the students loans (average amount : $6,229).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15159 (100%)$16,136114 (72%)$6,396
2015-16150 (100%)$17,356113 (75%)$6,377
2016-17136 (100%)$17,70586 (63%)$4,183
2017-18148 (99%)$17,55739 (26%)$6,558
2018-19163 (100%)$19,052132 (81%)$6,736
2019-20128 (100%)$21,300104 (81%)$6,599
2020-21171 (100%)$24,231114 (67%)$6,786
2021-22183 (100%)$27,113166 (91%)$5,593
2022-23151 (100%)$28,36294 (62%)$6,829
Average154 (99.89%)$20,979107 (68.67%)$6,229
*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, 66 (43.11 % of students) received Pell (federal) grants and its average amount is $4,245.

In addition, 43 students received State/local government grants/scholarships (27.89 % 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
2014-1561 (38%)$3,72961 (38%)$81244 (28%)$2,815159 (100%)$13,616
2015-1661 (41%)$4,35159 (39%)$69546 (31%)$3,019150 (100%)$14,387
2016-1760 (44%)$3,91050 (37%)$51038 (28%)$2,855136 (100%)$14,994
2017-1863 (42%)$3,6442 (1%)$3,73642 (28%)$2,748147 (99%)$15,279
2018-1963 (39%)$4,1011 (1%)$3,75246 (28%)$2,712163 (100%)$16,678
2019-2072 (56%)$4,328108 (84%)$82532 (25%)$3,084128 (100%)$17,398
2020-2177 (45%)$4,64550 (29%)$1,06438 (22%)$3,559171 (100%)$21,038
2021-2278 (43%)$4,52788 (48%)$3,49957 (31%)$3,442183 (100%)$22,428
2022-2361 (40%)$4,96860 (40%)$86045 (30%)$4,156151 (100%)$24,775
Average66 (43.11%)$4,24553 (35.22%)$1,75043 (27.89%)$3,154154 (99.89%)$17,844
*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, 107 (68.67 % of students) get any students loan help and its average loan amount is $107.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15114 (72%)$6,396114 (72%)$5,71910 (6%)$7,711
2015-16113 (75%)$6,377113 (75%)$5,4718 (5%)$12,801
2016-1786 (63%)$4,18386 (63%)$3,2678 (6%)$9,849
2017-1839 (26%)$6,55827 (18%)$3,09315 (10%)$11,485
2018-19132 (81%)$6,736132 (81%)$5,49315 (9%)$10,943
2019-20104 (81%)$6,59993 (73%)$5,99212 (9%)$10,749
2020-21114 (67%)$6,786114 (67%)$5,58210 (6%)$13,720
2021-22166 (91%)$5,593165 (90%)$5,1429 (5%)$8,886
2022-2394 (62%)$6,82994 (62%)$5,06213 (9%)$12,777
Average107 (68.67%)$6,229104 (66.78%)$4,98011 (7.22%)$10,991

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