How Berea's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Berea College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,603, which is 99.67 % of all undergraduate students. 277 students which is 16.89% of undergraduate students received federal student loans and the average loan amount is $2,860.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,623 (100%)	$28,180	1,358 (84%)	$4,515	450 (28%)	$2,427
2014-15	1,621 (100%)	$30,358	1,350 (83%)	$4,586	346 (21%)	$3,309
2015-16	1,643 (100%)	$30,477	1,368 (83%)	$4,538	298 (18%)	$3,268
2016-17	1,624 (98%)	$29,154	1,366 (82%)	$3,880	270 (16%)	$3,178
2017-18	1,670 (100%)	$33,186	1,394 (83%)	$5,045	257 (15%)	$2,827
2018-19	1,673 (100%)	$49,969	1,390 (83%)	$5,303	337 (20%)	$1,932
2019-20	1,688 (100%)	$47,514	1,413 (84%)	$5,332	299 (18%)	$2,199
2020-21	1,432 (100%)	$56,071	1,270 (89%)	$5,037	82 (6%)	$3,001
2021-22	1,454 (99%)	$55,508	1,198 (82%)	$5,159	151 (10%)	$3,599
Average	1,603 (99.67%)	$40,046	1,345 (83.67%)	$4,822	277 (16.89%)	$2,860

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

Overview

For the last 10 years, on average, 398 (100.00 % of students) received grants or scholarships and its average amount is $40,317. It can cover 81.74% of tuition & fees ($49,326).

In addition, 57 (13.78 % of students) students get helped from the students loans (average amount : $2,346).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	397 (100%)	$29,880	112 (28%)	$1,713
2014-15	416 (100%)	$31,055	64 (15%)	$2,152
2015-16	432 (100%)	$32,118	67 (16%)	$2,394
2016-17	418 (100%)	$33,422	60 (14%)	$2,747
2017-18	432 (100%)	$34,198	61 (14%)	$2,017
2018-19	438 (100%)	$44,698	58 (13%)	$2,841
2019-20	413 (100%)	$49,928	42 (10%)	$2,391
2020-21	295 (100%)	$52,253	19 (6%)	$2,303
2021-22	338 (100%)	$55,298	28 (8%)	$2,559
Average	398 (100.00%)	$40,317	57 (13.78%)	$2,346

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 355 (88.89 % of students) received Pell (federal) grants and its average amount is $4,900.

In addition, 172 students received State/local government grants/scholarships (43.44 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	361 (91%)	$4,517	51 (13%)	$1,456	136 (34%)	$7,728	397 (100%)	$22,938
2014-15	349 (84%)	$4,418	58 (14%)	$1,440	183 (44%)	$7,513	416 (100%)	$23,843
2015-16	393 (91%)	$4,631	50 (12%)	$2,055	203 (47%)	$6,065	432 (100%)	$24,818
2016-17	414 (99%)	$4,474	26 (6%)	$1,356	216 (52%)	$6,160	414 (99%)	$25,972
2017-18	396 (92%)	$4,945	58 (13%)	$1,397	188 (44%)	$6,312	432 (100%)	$26,730
2018-19	387 (88%)	$4,914	97 (22%)	$1,457	169 (39%)	$6,467	438 (100%)	$37,539
2019-20	370 (90%)	$4,990	116 (28%)	$1,719	173 (42%)	$6,712	413 (100%)	$42,164
2020-21	216 (73%)	$6,287	59 (20%)	$3,102	151 (51%)	$6,884	278 (94%)	$46,167
2021-22	312 (92%)	$4,926	334 (99%)	$3,800	130 (38%)	$7,649	338 (100%)	$44,054
Average	355 (88.89%)	$4,900	94 (25.22%)	$1,976	172 (43.44%)	$6,832	395 (99.22%)	$32,692

^*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..

Student Loans

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, 57 (13.78 % of students) get any students loan help and its average loan amount is $57.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	112 (28%)	$1,713	60 (15%)	$1,909	56 (14%)	$1,381
2014-15	64 (15%)	$2,152	42 (10%)	$2,674	28 (7%)	$909
2015-16	67 (16%)	$2,394	37 (9%)	$2,690	32 (7%)	$1,902
2016-17	60 (14%)	$2,747	56 (13%)	$2,797	9 (2%)	$911
2017-18	61 (14%)	$2,017	42 (10%)	$2,017	40 (9%)	$958
2018-19	58 (13%)	$2,841	46 (11%)	$3,070	14 (3%)	$1,681
2019-20	42 (10%)	$2,391	40 (10%)	$2,499	2 (0%)	$225
2020-21	19 (6%)	$2,303	13 (4%)	$3,016	6 (2%)	$758
2021-22	28 (8%)	$2,559	20 (6%)	$2,914	8 (2%)	$1,671
Average	57 (13.78%)	$2,346	40 (9.78%)	$2,621	22 (5.75%)	$1,155

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Scholarships, Grants, and Loan Trends at Berea

All Undergraduate Students Financial Aid Over Time

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