Scholarships, Grants, and Loan Trends at Carson-Newman

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,701, which is 97.11 % of all undergraduate students. 1,069 students which is 61.11% of undergraduate students received federal student loans and the average loan amount is $6,750.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 65% 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 Carson-Newman University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,701, which is 97.11 % of all undergraduate students. 1,069 students which is 61.11% of undergraduate students received federal student loans and the average loan amount is $6,750.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,645 (96%)$17,278680 (40%)$4,4221,119 (65%)$7,028
2014-151,699 (97%)$18,143707 (40%)$4,4411,125 (64%)$6,920
2015-161,702 (97%)$18,631697 (40%)$4,2951,063 (61%)$6,584
2016-171,765 (97%)$18,792740 (41%)$4,3581,139 (63%)$6,476
2017-181,652 (98%)$19,944700 (41%)$4,6721,068 (63%)$6,555
2018-191,718 (97%)$20,284791 (45%)$4,8591,111 (63%)$6,506
2019-201,775 (96%)$21,586849 (46%)$4,6961,119 (61%)$6,265
2020-211,674 (97%)$21,780747 (43%)$4,826958 (56%)$6,252
2021-221,678 (99%)$22,878674 (40%)$5,160920 (54%)$8,165
Average1,701 (97.11%)$19,924732 (41.78%)$4,6371,069 (61.11%)$6,750

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

For the last 10 years, on average, 462 (100.00 % of students) received grants or scholarships and its average amount is $21,076. It can cover 60.74% of tuition & fees ($34,700).
In addition, 301 (64.67 % of students) students get helped from the students loans (average amount : $6,191).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14476 (100%)$19,308330 (69%)$6,355
2014-15486 (100%)$19,839323 (66%)$5,798
2015-16495 (100%)$19,421317 (64%)$5,993
2016-17505 (100%)$20,126378 (75%)$6,148
2017-18394 (100%)$19,477271 (69%)$5,708
2018-19477 (100%)$21,440329 (69%)$6,172
2019-20555 (100%)$21,940333 (60%)$6,286
2020-21380 (100%)$23,432208 (55%)$6,067
2021-22394 (100%)$24,697218 (55%)$7,190
Average462 (100.00%)$21,076301 (64.67%)$6,191
*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, 218 (46.89 % of students) received Pell (federal) grants and its average amount is $4,574.
In addition, 328 students received State/local government grants/scholarships (70.78 % 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
2013-14207 (43%)$4,38041 (9%)$1,360348 (73%)$5,432474 (99%)$13,371
2014-15214 (44%)$4,41539 (8%)$1,111336 (69%)$4,975485 (99%)$14,396
2015-16208 (42%)$4,41160 (12%)$883332 (67%)$4,993492 (99%)$14,198
2016-17254 (50%)$4,25862 (12%)$1,140365 (72%)$5,095505 (100%)$14,162
2017-18181 (46%)$4,40558 (15%)$1,098275 (70%)$5,081393 (100%)$13,780
2018-19261 (54%)$4,904136 (28%)$1,025352 (73%)$5,366470 (98%)$14,721
2019-20284 (51%)$4,475461 (83%)$938415 (75%)$5,329551 (99%)$14,994
2020-21186 (49%)$4,806328 (86%)$745265 (70%)$5,394379 (100%)$16,719
2021-22168 (43%)$5,115394 (100%)$1,221266 (68%)$5,545392 (99%)$17,641
Average218 (46.89%)$4,574175 (39.22%)$1,058328 (70.78%)$5,246460 (99.22%)$14,887
*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, 301 (64.67 % of students) get any students loan help and its average loan amount is $301.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14330 (69%)$6,355329 (69%)$5,91915 (3%)$9,990
2014-15323 (66%)$5,798323 (66%)$5,5729 (2%)$8,117
2015-16317 (64%)$5,993317 (64%)$5,26620 (4%)$11,526
2016-17378 (75%)$6,148378 (75%)$5,48627 (5%)$9,274
2017-18271 (69%)$5,708271 (69%)$5,31511 (3%)$9,676
2018-19329 (69%)$6,172329 (69%)$5,15430 (6%)$11,155
2019-20333 (60%)$6,286333 (60%)$5,23328 (5%)$12,526
2020-21208 (55%)$6,067208 (55%)$5,21716 (4%)$11,046
2021-22218 (55%)$7,190218 (55%)$5,15232 (8%)$13,884
Average301 (64.67%)$6,191301 (64.67%)$5,36821 (4.44%)$10,799
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