Scholarships, Grants, and Loan Trends at Forrest

Over the past 8 years (2013-2020), the average number of students who received grants aid/scholarships is 80, which is 86.57 % of all undergraduate students. 75 students which is 82.57% of undergraduate students received federal student loans and the average loan amount is $5,827.
For full-time, first-time beginning students (freshmen), 90.86% of students received grants or scholarships and 87% 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 Forrest College since 2013.
For that period, the average number of students who received grants aid/scholarships is 80, which is 86.57 % of all undergraduate students. 75 students which is 82.57% of undergraduate students received federal student loans and the average loan amount is $5,827.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14120 (89%)$3,821120 (89%)$3,82194 (70%)$4,692
2014-15111 (100%)$3,60595 (86%)$4,147102 (92%)$5,592
2015-16105 (93%)$3,933105 (93%)$3,896105 (93%)$6,400
2016-1791 (86%)$4,62086 (81%)$4,75979 (75%)$6,161
2017-1866 (87%)$5,95766 (87%)$5,43372 (95%)$8,103
2018-1944 (66%)$5,09544 (66%)$4,78050 (75%)$4,758
2019-2023 (85%)$5,09821 (78%)$3,45921 (78%)$5,085
Average80 (86.57%)$4,59077 (82.86%)$4,32875 (82.57%)$5,827

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

For the last 8 years, on average, 13 (90.86 % of students) received grants or scholarships and its average amount is $5,547. It can cover 52.09% of tuition & fees ($10,650).
In addition, 12 (86.57 % of students) students get helped from the students loans (average amount : $6,128).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1425 (86%)$4,67513 (45%)$7,075
2014-1513 (87%)$4,33615 (100%)$6,538
2015-1617 (100%)$4,90617 (100%)$4,808
2016-1711 (79%)$5,28311 (79%)$5,171
2017-1813 (93%)$4,91414 (100%)$7,699
2018-1910 (91%)$5,6829 (82%)$6,407
2019-202 (100%)$9,0342 (100%)$5,198
Average13 (90.86%)$5,54712 (86.57%)$6,128
*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 8 years, on average, 13 (90.86 % of students) received Pell (federal) grants and its average amount is $4,826.
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
2013-1425 (86%)$4,52310 (34%)$380----
2014-1513 (87%)$4,2205 (33%)$300----
2015-1617 (100%)$4,67613 (76%)$300----
2016-1711 (79%)$5,1206 (43%)$300----
2017-1813 (93%)$4,76110 (71%)$200----
2018-1910 (91%)$5,32210 (91%)$360----
2019-202 (100%)$5,1622 (100%)$3,872----
Average13 (90.86%)$4,8268 (64.00%)$816----
*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 8 years, on average, 12 (86.57 % of students) get any students loan help and its average loan amount is $12.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (45%)$7,07513 (45%)$6,3554 (14%)$2,337
2014-1515 (100%)$6,53815 (100%)$6,538--
2015-1617 (100%)$4,80817 (100%)$4,808--
2016-1711 (79%)$5,17111 (79%)$5,171--
2017-1814 (100%)$7,69914 (100%)$7,699--
2018-199 (82%)$6,4079 (82%)$6,407--
2019-202 (100%)$5,1982 (100%)$5,198--
Average12 (86.57%)$6,12812 (86.57%)$6,0254 (14.00%)$2,337
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