Scholarships, Grants, and Loan Trends at Fisk

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 658, which is 84.56 % of all undergraduate students. 562 students which is 73.22% of undergraduate students received federal student loans and the average loan amount is $8,572.
For full-time, first-time beginning students (freshmen), 90.00% of students received grants or scholarships and 74% 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 Fisk University since 2013.
For that period, the average number of students who received grants aid/scholarships is 658, which is 84.56 % of all undergraduate students. 562 students which is 73.22% of undergraduate students received federal student loans and the average loan amount is $8,572.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14594 (97%)$16,890355 (58%)$4,583441 (72%)$10,896
2014-15569 (78%)$21,245418 (57%)$4,564482 (66%)$10,936
2015-16786 (98%)$19,622440 (55%)$4,648677 (84%)$6,050
2016-17487 (66%)$7,407404 (55%)$4,687559 (76%)$7,166
2017-18625 (89%)$18,401376 (53%)$4,819640 (91%)$10,398
2018-19568 (76%)$20,483525 (71%)$4,314643 (87%)$11,803
2019-20721 (82%)$8,505526 (60%)$4,954599 (69%)$5,864
2020-21666 (76%)$15,243452 (51%)$4,838472 (54%)$7,021
2021-22906 (99%)$19,074482 (53%)$5,057546 (60%)$7,017
Average658 (84.56%)$16,319442 (57.00%)$4,718562 (73.22%)$8,572

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

For the last 10 years, on average, 205 (90.00 % of students) received grants or scholarships and its average amount is $14,886. It can cover 61.27% of tuition & fees ($24,298).
In addition, 167 (74.44 % of students) students get helped from the students loans (average amount : $8,542).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14201 (93%)$16,985177 (82%)$11,981
2014-15209 (95%)$15,753171 (77%)$12,130
2015-16194 (93%)$20,224141 (68%)$6,632
2016-17110 (89%)$9,39692 (75%)$7,226
2017-18133 (93%)$11,802133 (93%)$8,909
2018-19258 (94%)$12,803242 (88%)$12,101
2019-20264 (81%)$16,032214 (66%)$5,164
2020-21185 (74%)$12,402139 (56%)$6,162
2021-22290 (98%)$18,580192 (65%)$6,572
Average205 (90.00%)$14,886167 (74.44%)$8,542
*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, 145 (63.56 % of students) received Pell (federal) grants and its average amount is $4,522.
In addition, 30 students received State/local government grants/scholarships (16.25 % 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
2013-14116 (53%)$4,83928 (13%)$1,92529 (13%)$6,638201 (93%)$12,967
2014-15124 (56%)$4,72431 (14%)$2,04627 (12%)$5,668203 (92%)$12,266
2015-16114 (55%)$4,65338 (18%)$2,01027 (13%)$5,141189 (91%)$16,814
2016-1780 (65%)$4,83112 (10%)$3,00225 (20%)$5,49049 (40%)$9,670
2017-18112 (78%)$2,65830 (21%)$19540 (28%)$3,054133 (93%)$8,601
2018-19258 (94%)$4,20131 (11%)$5,53238 (14%)$4,513104 (38%)$18,041
2019-20189 (58%)$5,18438 (12%)$1,71843 (13%)$6,634153 (47%)$18,968
2020-21136 (55%)$4,7544 (2%)$1,50043 (17%)$5,048158 (63%)$9,017
2021-22172 (58%)$4,8561 (0%)$1,0001 (0%)$4,000290 (98%)$15,683
Average145 (63.56%)$4,52224 (12.63%)$2,10330 (16.25%)$5,132164 (72.78%)$13,559
*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, 167 (74.44 % of students) get any students loan help and its average loan amount is $167.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14177 (82%)$11,981151 (70%)$9,218134 (62%)$5,438
2014-15171 (77%)$12,130133 (60%)$8,733154 (70%)$5,927
2015-16141 (68%)$6,632135 (65%)$6,4546 (3%)$10,637
2016-1792 (75%)$7,22692 (75%)$6,6203 (2%)$18,581
2017-18133 (93%)$8,909133 (93%)$8,6274 (3%)$9,375
2018-19242 (88%)$12,101225 (82%)$11,82917 (6%)$15,707
2019-20214 (66%)$5,164214 (66%)$5,164--
2020-21139 (56%)$6,162139 (56%)$5,8053 (1%)$16,521
2021-22192 (65%)$6,572177 (60%)$5,89615 (5%)$14,541
Average167 (74.44%)$8,542155 (69.67%)$7,59442 (19.00%)$12,091
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