Scholarships, Grants, and Loan Trends at BLC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 576, which is 88.56 % of all undergraduate students. 387 students which is 60.33% of undergraduate students received federal student loans and the average loan amount is $6,000.
For full-time, first-time beginning students (freshmen), 99.44% of students received grants or scholarships and 66% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Bethany Lutheran College since 2013.
For that period, the average number of students who received grants aid/scholarships is 576, which is 88.56 % of all undergraduate students. 387 students which is 60.33% of undergraduate students received federal student loans and the average loan amount is $6,000.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14557 (96%)$13,919230 (40%)$3,837440 (76%)$6,096
2014-15510 (96%)$14,758209 (39%)$3,807381 (72%)$6,064
2015-16498 (95%)$15,609185 (35%)$3,852354 (68%)$6,203
2016-17529 (90%)$16,498178 (30%)$3,754380 (65%)$5,903
2017-18545 (84%)$17,526197 (30%)$3,890380 (58%)$6,066
2018-19622 (84%)$18,305214 (29%)$4,062414 (56%)$5,863
2019-20603 (81%)$19,654171 (23%)$4,265389 (52%)$6,004
2020-21669 (87%)$18,714185 (24%)$4,318381 (50%)$5,923
2021-22655 (84%)$20,038192 (25%)$4,554360 (46%)$5,877
Average576 (88.56%)$17,225196 (30.56%)$4,038387 (60.33%)$6,000

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

For the last 10 years, on average, 155 (99.44 % of students) received grants or scholarships and its average amount is $18,870. It can cover 62.88% of tuition & fees ($30,010).
In addition, 102 (66.44 % of students) students get helped from the students loans (average amount : $7,969).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14146 (100%)$14,541114 (78%)$7,590
2014-15140 (99%)$16,739105 (74%)$8,631
2015-16134 (100%)$17,323101 (75%)$8,866
2016-17138 (100%)$17,615101 (73%)$7,721
2017-18135 (99%)$19,30795 (70%)$8,309
2018-19174 (99%)$20,468123 (70%)$7,515
2019-20174 (98%)$22,012101 (57%)$7,966
2020-21154 (100%)$21,11778 (51%)$8,034
2021-22198 (100%)$20,70599 (50%)$7,089
Average155 (99.44%)$18,870102 (66.44%)$7,969
*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, 53 (34.22 % of students) received Pell (federal) grants and its average amount is $4,142.
In addition, 63 students received State/local government grants/scholarships (40.78 % 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
2013-1447 (32%)$3,6733 (2%)$2,50059 (40%)$4,127146 (100%)$11,639
2014-1562 (44%)$3,9667 (5%)$3,14362 (44%)$4,522140 (99%)$12,823
2015-1652 (39%)$4,19210 (7%)$2,91857 (43%)$4,909134 (100%)$13,390
2016-1743 (31%)$3,6517 (5%)$2,68357 (41%)$4,785138 (100%)$14,365
2017-1852 (38%)$4,1305 (4%)$3,07358 (43%)$5,118135 (99%)$15,403
2018-1958 (33%)$4,1296 (3%)$2,50074 (42%)$5,398174 (99%)$16,710
2019-2049 (28%)$4,571131 (74%)$72169 (39%)$5,770174 (98%)$17,894
2020-2150 (32%)$4,374108 (70%)$75264 (42%)$5,534154 (100%)$16,869
2021-2261 (31%)$4,5888 (4%)$2,81366 (33%)$6,053198 (100%)$17,161
Average53 (34.22%)$4,14232 (19.33%)$2,34563 (40.78%)$5,135155 (99.44%)$15,139
*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, 102 (66.44 % of students) get any students loan help and its average loan amount is $102.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14114 (78%)$7,590111 (76%)$4,91542 (29%)$7,610
2014-15105 (74%)$8,631105 (74%)$5,63236 (26%)$8,748
2015-16101 (75%)$8,86698 (73%)$5,22839 (29%)$9,823
2016-17101 (73%)$7,721101 (73%)$4,82934 (25%)$8,592
2017-1895 (70%)$8,30992 (68%)$5,23228 (21%)$10,999
2018-19123 (70%)$7,515122 (70%)$5,08529 (17%)$10,484
2019-20101 (57%)$7,96697 (54%)$5,11828 (16%)$11,004
2020-2178 (51%)$8,03476 (49%)$5,28323 (15%)$9,790
2021-2299 (50%)$7,08997 (49%)$4,92720 (10%)$11,194
Average102 (66.44%)$7,969100 (65.11%)$5,13931 (20.89%)$9,805
Most Searched Minnesota Colleges (last 30 days)
Related Articles and Ads