Scholarships, Grants, and Loan Trends at CMU CLAS

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,117, which is 98.67 % of all undergraduate students. 821 students which is 72.44% of undergraduate students received federal student loans and the average loan amount is $7,032.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 78% 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 Central Methodist University-College of Liberal Arts and Sciences since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,117, which is 98.67 % of all undergraduate students. 821 students which is 72.44% of undergraduate students received federal student loans and the average loan amount is $7,032.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,082 (98%)$15,011466 (42%)$4,445819 (74%)$7,151
2014-151,170 (99%)$13,862499 (42%)$4,085920 (78%)$6,515
2015-161,090 (100%)$14,620435 (40%)$4,205841 (77%)$6,735
2016-171,080 (99%)$14,849425 (39%)$4,109801 (73%)$6,563
2017-181,046 (98%)$17,023443 (42%)$4,563764 (72%)$6,632
2018-191,148 (100%)$17,332530 (46%)$4,299853 (74%)$6,491
2019-201,142 (99%)$17,477492 (43%)$4,629796 (69%)$8,592
2020-211,159 (95%)$17,999488 (40%)$4,585821 (67%)$8,344
2021-221,140 (100%)$19,232444 (39%)$4,891778 (68%)$6,263
Average1,117 (98.67%)$16,378469 (41.44%)$4,423821 (72.44%)$7,032

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

For the last 10 years, on average, 307 (100.00 % of students) received grants or scholarships and its average amount is $16,121. It can cover 59.40% of tuition & fees ($27,140).
In addition, 239 (77.67 % of students) students get helped from the students loans (average amount : $7,410).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14291 (100%)$15,185231 (79%)$7,180
2014-15331 (100%)$13,790275 (83%)$6,726
2015-16281 (100%)$14,476217 (77%)$7,160
2016-17263 (100%)$14,072199 (76%)$7,237
2017-18275 (100%)$17,255195 (71%)$7,225
2018-19324 (100%)$17,282252 (78%)$7,877
2019-20318 (100%)$17,819260 (82%)$8,059
2020-21343 (100%)$17,168290 (85%)$8,160
2021-22339 (100%)$18,044229 (68%)$7,063
Average307 (100.00%)$16,121239 (77.67%)$7,410
*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, 134 (43.44 % of students) received Pell (federal) grants and its average amount is $4,493.
In addition, 135 students received State/local government grants/scholarships (44.33 % 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
2013-14131 (45%)$4,44756 (19%)$688162 (56%)$2,340291 (100%)$11,748
2014-15156 (47%)$4,19883 (25%)$637185 (56%)$1,443331 (100%)$10,845
2015-16111 (40%)$4,08788 (31%)$626138 (49%)$1,776280 (100%)$11,836
2016-17106 (40%)$3,96455 (21%)$668121 (46%)$1,992263 (100%)$11,419
2017-18113 (41%)$4,75939 (14%)$700135 (49%)$2,033275 (100%)$14,201
2018-19151 (47%)$4,66672 (22%)$662119 (37%)$1,812323 (100%)$14,339
2019-20147 (46%)$4,849239 (75%)$781120 (38%)$2,087318 (100%)$14,203
2020-21160 (47%)$4,696154 (45%)$973119 (35%)$1,753343 (100%)$13,933
2021-22129 (38%)$4,77262 (18%)$644112 (33%)$2,180339 (100%)$15,390
Average134 (43.44%)$4,49394 (30.00%)$709135 (44.33%)$1,935307 (100.00%)$13,102
*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, 239 (77.67 % of students) get any students loan help and its average loan amount is $239.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14231 (79%)$7,180229 (79%)$6,37420 (7%)$9,945
2014-15275 (83%)$6,726275 (83%)$5,74136 (11%)$7,526
2015-16217 (77%)$7,160217 (77%)$5,50438 (14%)$9,457
2016-17199 (76%)$7,237199 (76%)$5,55938 (14%)$8,788
2017-18195 (71%)$7,225195 (71%)$5,40141 (15%)$8,676
2018-19252 (78%)$7,877252 (78%)$5,66664 (20%)$8,704
2019-20260 (82%)$8,059228 (72%)$8,13195 (30%)$2,542
2020-21290 (85%)$8,160269 (78%)$7,89087 (25%)$2,805
2021-22229 (68%)$7,063228 (67%)$5,15851 (15%)$8,656
Average239 (77.67%)$7,410232 (75.67%)$6,15852 (16.78%)$7,455
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