Scholarships, Grants, and Loan Trends at U of Mount Saint Vincent

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,539, which is 86.11 % of all undergraduate students. 1,343 students which is 75.56% of undergraduate students received federal student loans and the average loan amount is $9,053.
For full-time, first-time beginning students (freshmen), 96.67% 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 University of Mount Saint Vincent since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,539, which is 86.11 % of all undergraduate students. 1,343 students which is 75.56% of undergraduate students received federal student loans and the average loan amount is $9,053.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,437 (94%)$17,267795 (52%)$4,4981,240 (81%)$7,642
2014-151,509 (90%)$19,134780 (47%)$4,6061,378 (83%)$10,923
2015-161,306 (83%)$10,692722 (46%)$4,7351,279 (81%)$10,865
2016-171,426 (85%)$15,337774 (46%)$4,6391,329 (79%)$10,802
2017-181,468 (86%)$19,997843 (49%)$4,8151,340 (78%)$10,545
2018-191,409 (86%)$25,613832 (51%)$5,0531,237 (76%)$10,006
2019-201,839 (99%)$25,409939 (50%)$4,9511,421 (76%)$6,828
2020-211,779 (78%)$26,1111,068 (47%)$5,2871,481 (65%)$6,776
2021-221,679 (74%)$26,0661,021 (45%)$5,1561,386 (61%)$7,087
Average1,539 (86.11%)$20,625864 (48.11%)$4,8601,343 (75.56%)$9,053

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

For the last 10 years, on average, 404 (96.67 % of students) received grants or scholarships and its average amount is $25,886. It can cover 60.57% of tuition & fees ($42,740).
In addition, 324 (77.56 % of students) students get helped from the students loans (average amount : $6,586).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14387 (99%)$19,079334 (86%)$7,769
2014-15513 (99%)$22,229434 (84%)$7,655
2015-16316 (98%)$13,276265 (83%)$6,152
2016-17433 (99%)$25,094347 (79%)$6,269
2017-18447 (100%)$27,601368 (82%)$6,077
2018-19412 (100%)$30,306318 (77%)$6,632
2019-20441 (100%)$31,217347 (79%)$6,694
2020-21357 (86%)$30,608270 (65%)$6,049
2021-22333 (89%)$33,566235 (63%)$5,974
Average404 (96.67%)$25,886324 (77.56%)$6,586
*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, 239 (57.56 % of students) received Pell (federal) grants and its average amount is $4,955.
In addition, 224 students received State/local government grants/scholarships (54.22 % 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 (53%)$4,54643 (11%)$845192 (49%)$3,183382 (98%)$15,170
2014-15260 (50%)$4,64166 (13%)$1,992234 (45%)$3,234513 (99%)$18,145
2015-16207 (64%)$5,05280 (25%)$1,136215 (67%)$4,167315 (98%)$6,866
2016-17264 (60%)$4,68166 (15%)$1,162271 (62%)$3,772433 (99%)$19,702
2017-18268 (60%)$4,93849 (11%)$1,145247 (55%)$4,126447 (100%)$22,235
2018-19246 (60%)$5,64443 (10%)$1,864221 (54%)$4,175412 (100%)$24,501
2019-20269 (61%)$4,895441 (100%)$994231 (52%)$4,061441 (100%)$25,110
2020-21216 (52%)$5,03864 (15%)$1,995218 (53%)$4,077355 (86%)$24,852
2021-22218 (58%)$5,15643 (12%)$1,431189 (51%)$3,929333 (89%)$27,776
Average239 (57.56%)$4,95599 (23.56%)$1,396224 (54.22%)$3,858403 (96.56%)$20,484
*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, 324 (77.56 % of students) get any students loan help and its average loan amount is $324.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14334 (86%)$7,769332 (85%)$6,07346 (12%)$12,572
2014-15434 (84%)$7,655432 (84%)$5,78764 (12%)$12,847
2015-16265 (83%)$6,152261 (81%)$5,35319 (6%)$12,275
2016-17347 (79%)$6,269344 (79%)$5,34730 (7%)$11,209
2017-18368 (82%)$6,077364 (81%)$5,28828 (6%)$11,122
2018-19318 (77%)$6,632309 (75%)$5,34236 (9%)$12,730
2019-20347 (79%)$6,694341 (77%)$5,16744 (10%)$12,745
2020-21270 (65%)$6,049268 (65%)$4,93524 (6%)$12,944
2021-22235 (63%)$5,974230 (62%)$5,19316 (4%)$13,101
Average324 (77.56%)$6,586320 (76.56%)$5,38734 (8.00%)$12,394
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