Scholarships, Grants, and Loan Trends at Cornerstone

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,561, which is 87.33 % of all undergraduate students. 1,253 students which is 69.11% of undergraduate students received federal student loans and the average loan amount is $8,315.
For full-time, first-time beginning students (freshmen), 99.11% of students received grants or scholarships and 84% 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 Cornerstone University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,561, which is 87.33 % of all undergraduate students. 1,253 students which is 69.11% of undergraduate students received federal student loans and the average loan amount is $8,315.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,887 (86%)$10,690928 (42%)$3,8411,637 (74%)$8,677
2014-151,863 (87%)$19,411870 (40%)$3,9691,513 (70%)$8,846
2015-161,693 (84%)$12,173763 (38%)$3,9551,476 (73%)$8,954
2016-171,590 (86%)$12,670691 (37%)$3,9081,350 (73%)$8,843
2017-181,539 (88%)$13,323712 (41%)$4,0611,292 (74%)$8,682
2018-191,442 (84%)$12,110771 (45%)$3,8171,237 (72%)$6,859
2019-201,346 (89%)$12,933547 (36%)$4,2821,134 (75%)$8,522
2020-211,309 (90%)$13,148496 (34%)$4,600841 (58%)$7,772
2021-221,382 (92%)$14,493456 (30%)$4,432797 (53%)$7,677
Average1,561 (87.33%)$13,439693 (38.11%)$4,0961,253 (69.11%)$8,315

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

For the last 10 years, on average, 303 (99.11 % of students) received grants or scholarships and its average amount is $16,950. It can cover 58.25% of tuition & fees ($29,100).
In addition, 255 (83.89 % of students) students get helped from the students loans (average amount : $9,324).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14355 (99%)$15,385335 (93%)$8,244
2014-15299 (100%)$17,189268 (90%)$8,794
2015-16319 (100%)$17,266297 (93%)$9,023
2016-17272 (100%)$17,951247 (91%)$9,951
2017-18276 (100%)$19,067252 (91%)$9,308
2018-19274 (96%)$14,813257 (90%)$9,834
2019-20292 (98%)$15,861266 (89%)$10,119
2020-21275 (99%)$16,518177 (64%)$9,121
2021-22367 (100%)$18,502199 (54%)$9,525
Average303 (99.11%)$16,950255 (83.89%)$9,324
*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, 110 (36.11 % of students) received Pell (federal) grants and its average amount is $4,335.
In addition, 166 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
2013-14141 (39%)$3,850121 (34%)$432190 (53%)$1,866344 (96%)$13,116
2014-15126 (42%)$4,128109 (36%)$537177 (59%)$1,935298 (100%)$14,156
2015-16124 (39%)$4,444130 (41%)$409180 (56%)$2,252317 (99%)$14,190
2016-1794 (35%)$4,46294 (35%)$389159 (58%)$2,227272 (100%)$14,972
2017-18105 (38%)$4,456108 (39%)$389149 (54%)$2,418275 (100%)$15,971
2018-19104 (37%)$4,36597 (34%)$1,827146 (51%)$2,599266 (94%)$11,460
2019-2094 (31%)$4,428104 (35%)$493157 (53%)$3,354289 (97%)$12,585
2020-2198 (35%)$4,370101 (36%)$620147 (53%)$3,374275 (99%)$12,929
2021-22105 (29%)$4,510106 (29%)$484188 (51%)$3,172367 (100%)$15,447
Average110 (36.11%)$4,335108 (35.44%)$620166 (54.22%)$2,577300 (98.33%)$13,870
*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, 255 (83.89 % of students) get any students loan help and its average loan amount is $255.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14335 (93%)$8,244335 (93%)$7,36928 (8%)$10,468
2014-15268 (90%)$8,794268 (90%)$7,52634 (11%)$9,995
2015-16297 (93%)$9,023297 (93%)$7,90030 (9%)$11,117
2016-17247 (91%)$9,951247 (91%)$8,22941 (15%)$10,374
2017-18252 (91%)$9,308252 (91%)$7,41442 (15%)$11,364
2018-19257 (90%)$9,834257 (90%)$8,17931 (11%)$13,723
2019-20266 (89%)$10,119266 (89%)$7,55149 (16%)$13,940
2020-21177 (64%)$9,121175 (63%)$6,91634 (12%)$11,888
2021-22199 (54%)$9,525199 (54%)$6,82842 (11%)$12,780
Average255 (83.89%)$9,324255 (83.78%)$7,54637 (12.00%)$11,739
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