Scholarships, Grants, and Loan Trends at Centenary

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,114, which is 80.78 % of all undergraduate students. 913 students which is 65.44% of undergraduate students received federal student loans and the average loan amount is $6,918.
For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 80% 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 Centenary University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,114, which is 80.78 % of all undergraduate students. 913 students which is 65.44% of undergraduate students received federal student loans and the average loan amount is $6,918.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,256 (74%)$17,105545 (32%)$4,1871,071 (63%)$7,676
2014-151,177 (75%)$18,134526 (33%)$4,2061,009 (64%)$7,511
2015-161,120 (72%)$18,663489 (32%)$4,8771,111 (72%)$8,212
2016-171,169 (79%)$20,191497 (34%)$4,352957 (65%)$7,226
2017-181,124 (82%)$21,869511 (37%)$4,425909 (66%)$7,134
2018-191,077 (86%)$23,081475 (38%)$4,663824 (66%)$6,799
2019-201,065 (83%)$23,381463 (36%)$4,734811 (63%)$6,894
2020-211,002 (84%)$21,694450 (38%)$4,559923 (77%)$4,749
2021-221,035 (92%)$25,742399 (35%)$4,727598 (53%)$6,063
Average1,114 (80.78%)$21,096484 (35.00%)$4,526913 (65.44%)$6,918

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

For the last 10 years, on average, 220 (99.56 % of students) received grants or scholarships and its average amount is $24,590. It can cover 65.17% of tuition & fees ($37,732).
In addition, 176 (79.56 % of students) students get helped from the students loans (average amount : $7,653).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14206 (100%)$19,627169 (82%)$7,928
2014-15227 (99%)$22,262188 (82%)$9,351
2015-16225 (100%)$24,071220 (98%)$8,437
2016-17236 (100%)$26,882197 (83%)$8,482
2017-18210 (100%)$24,473156 (74%)$7,523
2018-19223 (100%)$25,894155 (69%)$7,588
2019-20196 (98%)$26,038165 (83%)$6,775
2020-21229 (100%)$24,470203 (88%)$4,717
2021-22229 (99%)$27,592132 (57%)$8,079
Average220 (99.56%)$24,590176 (79.56%)$7,653
*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, 97 (43.89 % of students) received Pell (federal) grants and its average amount is $4,736.
In addition, 86 students received State/local government grants/scholarships (38.78 % 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
2013-1496 (47%)$4,34222 (11%)$1,46683 (40%)$9,182206 (100%)$13,747
2014-1597 (42%)$4,57722 (10%)$1,43276 (33%)$9,644227 (99%)$16,939
2015-16104 (46%)$5,26133 (15%)$3,84095 (42%)$8,173223 (99%)$17,783
2016-17112 (47%)$4,66436 (15%)$1,31598 (41%)$9,435236 (100%)$20,550
2017-1896 (46%)$4,46424 (11%)$1,37591 (43%)$8,982210 (100%)$18,383
2018-19102 (46%)$4,74238 (17%)$1,22495 (42%)$10,577223 (100%)$19,011
2019-2077 (39%)$4,963165 (83%)$52874 (37%)$9,655196 (98%)$19,998
2020-2196 (42%)$4,87839 (17%)$1,69476 (33%)$10,188221 (96%)$19,434
2021-2292 (40%)$4,73463 (27%)$5,69587 (38%)$7,758229 (99%)$21,176
Average97 (43.89%)$4,73649 (22.89%)$2,06386 (38.78%)$9,288219 (99.00%)$18,558
*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, 176 (79.56 % of students) get any students loan help and its average loan amount is $176.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14169 (82%)$7,928169 (82%)$5,69424 (12%)$15,729
2014-15188 (82%)$9,351186 (81%)$5,85339 (17%)$17,161
2015-16220 (98%)$8,437220 (98%)$6,93426 (12%)$12,718
2016-17197 (83%)$8,482191 (81%)$5,66238 (16%)$15,512
2017-18156 (74%)$7,523155 (74%)$5,82621 (10%)$12,887
2018-19155 (69%)$7,588154 (69%)$5,26525 (11%)$14,615
2019-20165 (83%)$6,775138 (69%)$5,30627 (14%)$14,286
2020-21203 (88%)$4,717203 (88%)$3,36919 (8%)$14,405
2021-22132 (57%)$8,079126 (54%)$5,10926 (11%)$16,257
Average176 (79.56%)$7,653171 (77.33%)$5,44627 (12.33%)$14,841
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