How CU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Cumberland University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,754, which is 94.56 % of all undergraduate students. 714 students which is 42.33% of undergraduate students received federal student loans and the average loan amount is $6,997.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,100 (87%)	$13,109	467 (37%)	$4,219	817 (64%)	$7,437
2014-15	1,087 (87%)	$4,392	416 (33%)	$4,111	775 (62%)	$7,544
2015-16	1,163 (89%)	$12,412	410 (31%)	$4,237	715 (55%)	$7,478
2016-17	1,585 (96%)	$11,296	545 (33%)	$4,135	737 (44%)	$6,961
2017-18	1,916 (97%)	$11,095	655 (33%)	$4,351	806 (41%)	$6,595
2018-19	2,050 (98%)	$11,257	716 (34%)	$4,482	771 (37%)	$6,499
2019-20	2,256 (99%)	$11,573	766 (34%)	$4,464	593 (26%)	$7,611
2020-21	2,384 (99%)	$11,061	766 (32%)	$4,560	635 (26%)	$6,479
2021-22	2,241 (99%)	$17,310	759 (34%)	$4,451	580 (26%)	$6,368
Average	1,754 (94.56%)	$11,501	611 (33.44%)	$4,334	714 (42.33%)	$6,997

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

Overview

For the last 10 years, on average, 456 (99.89 % of students) received grants or scholarships and its average amount is $13,744. It can cover 49.37% of tuition & fees ($27,840).

In addition, 137 (36.44 % of students) students get helped from the students loans (average amount : $5,838).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	212 (100%)	$15,619	143 (67%)	$5,711
2014-15	177 (99%)	$16,562	106 (60%)	$6,174
2015-16	200 (100%)	$14,182	90 (45%)	$5,454
2016-17	445 (100%)	$11,622	175 (39%)	$5,280
2017-18	560 (100%)	$10,567	169 (30%)	$5,617
2018-19	598 (100%)	$10,297	160 (27%)	$5,913
2019-20	694 (100%)	$11,141	156 (22%)	$5,554
2020-21	630 (100%)	$11,563	123 (19%)	$5,944
2021-22	585 (100%)	$22,145	112 (19%)	$6,896
Average	456 (99.89%)	$13,744	137 (36.44%)	$5,838

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 185 (40.22 % of students) received Pell (federal) grants and its average amount is $4,398.

In addition, 386 students received State/local government grants/scholarships (82.22 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	90 (42%)	$4,204	70 (33%)	$618	146 (69%)	$5,011	207 (98%)	$10,425
2014-15	64 (36%)	$4,430	20 (11%)	$500	130 (73%)	$4,936	177 (99%)	$11,278
2015-16	82 (41%)	$4,262	14 (7%)	$471	159 (80%)	$4,852	133 (67%)	$12,849
2016-17	179 (40%)	$4,243	65 (15%)	$396	378 (85%)	$4,599	220 (49%)	$12,038
2017-18	206 (37%)	$4,463	91 (16%)	$239	498 (89%)	$4,848	213 (38%)	$12,029
2018-19	254 (42%)	$4,353	112 (19%)	$426	512 (85%)	$4,780	184 (31%)	$13,895
2019-20	281 (40%)	$4,578	149 (21%)	$313	593 (85%)	$4,924	222 (32%)	$15,671
2020-21	273 (43%)	$4,641	116 (18%)	$374	548 (87%)	$5,181	205 (32%)	$15,293
2021-22	240 (41%)	$4,409	128 (22%)	$245	511 (87%)	$5,208	585 (100%)	$15,733
Average	185 (40.22%)	$4,398	85 (18.00%)	$398	386 (82.22%)	$4,927	238 (60.67%)	$13,246

^*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..

Student Loans

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, 137 (36.44 % of students) get any students loan help and its average loan amount is $137.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	143 (67%)	$5,711	143 (67%)	$5,512	3 (1%)	$9,486
2014-15	106 (60%)	$6,174	105 (59%)	$5,759	4 (2%)	$12,439
2015-16	90 (45%)	$5,454	90 (45%)	$4,941	5 (3%)	$9,227
2016-17	175 (39%)	$5,280	175 (39%)	$4,927	5 (1%)	$12,352
2017-18	169 (30%)	$5,617	169 (30%)	$5,071	8 (1%)	$11,524
2018-19	160 (27%)	$5,913	159 (26%)	$4,971	11 (2%)	$14,143
2019-20	156 (22%)	$5,554	155 (22%)	$4,936	9 (1%)	$11,254
2020-21	123 (19%)	$5,944	121 (19%)	$5,119	10 (2%)	$11,182
2021-22	112 (19%)	$6,896	106 (18%)	$4,590	19 (3%)	$15,041
Average	137 (36.44%)	$5,838	136 (36.11%)	$5,092	8 (1.78%)	$11,850

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Scholarships, Grants, and Loan Trends at CU

All Undergraduate Students Financial Aid Over Time

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