How Franciscan University'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 Franciscan Missionaries of Our Lady University since 2013.

For that period, the average number of students who received grants aid/scholarships is 860, which is 70.11 % of all undergraduate students. 722 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $6,986.

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	820 (55%)	$5,393	536 (36%)	$3,702	954 (64%)	$8,538
2014-15	828 (52%)	$5,218	535 (33%)	$3,585	984 (61%)	$7,451
2015-16	946 (65%)	$2,786	598 (41%)	$3,125	1,206 (83%)	$6,787
2016-17	846 (67%)	$6,791	407 (32%)	$3,401	719 (57%)	$7,820
2017-18	1,061 (90%)	$1,992	386 (33%)	$2,054	441 (37%)	$6,586
2018-19	725 (65%)	$6,291	394 (35%)	$3,530	626 (56%)	$5,102
2019-20	728 (67%)	$6,991	344 (32%)	$3,862	561 (51%)	$7,768
2020-21	834 (74%)	$6,538	352 (31%)	$3,733	602 (53%)	$7,502
2021-22	950 (96%)	$5,959	307 (31%)	$4,028	407 (41%)	$5,322
Average	860 (70.11%)	$5,329	429 (33.78%)	$3,447	722 (55.89%)	$6,986

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

Overview

For the last 10 years, on average, 72 (87.89 % of students) received grants or scholarships and its average amount is $9,095. It can cover 56.72% of tuition & fees ($16,036).

In addition, 44 (52.67 % of students) students get helped from the students loans (average amount : $6,121).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	90 (87%)	$6,811	64 (62%)	$6,874
2014-15	76 (75%)	$6,970	69 (68%)	$5,247
2015-16	64 (91%)	$8,226	45 (64%)	$5,655
2016-17	72 (96%)	$8,104	45 (60%)	$5,565
2017-18	70 (89%)	$9,755	40 (51%)	$6,150
2018-19	58 (88%)	$11,170	31 (47%)	$5,542
2019-20	61 (85%)	$11,232	36 (50%)	$5,263
2020-21	76 (88%)	$10,149	32 (37%)	$6,903
2021-22	84 (92%)	$9,442	32 (35%)	$7,888
Average	72 (87.89%)	$9,095	44 (52.67%)	$6,121

^*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, 30 (36.67 % of students) received Pell (federal) grants and its average amount is $4,524.

In addition, 64 students received State/local government grants/scholarships (78.56 % 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	38 (37%)	$4,044	1 (1%)	$1,000	75 (72%)	$3,898	39 (38%)	$4,256
2014-15	28 (28%)	$3,858	2 (2%)	$1,000	68 (67%)	$4,182	27 (27%)	$5,010
2015-16	34 (49%)	$4,222	8 (11%)	$1,000	52 (74%)	$4,895	30 (43%)	$4,013
2016-17	32 (43%)	$4,322	7 (9%)	$1,000	63 (84%)	$3,726	37 (49%)	$5,499
2017-18	34 (43%)	$4,979	4 (5%)	$1,000	60 (76%)	$5,208	35 (44%)	$5,631
2018-19	27 (41%)	$5,091	3 (5%)	$833	58 (88%)	$5,473	34 (52%)	$5,603
2019-20	22 (31%)	$4,678	7 (10%)	$1,000	61 (85%)	$5,756	38 (53%)	$5,898
2020-21	28 (33%)	$4,511	16 (19%)	$1,417	72 (84%)	$5,260	40 (47%)	$6,091
2021-22	23 (25%)	$5,009	4 (4%)	$859	70 (77%)	$5,509	47 (52%)	$6,147
Average	30 (36.67%)	$4,524	6 (7.33%)	$1,012	64 (78.56%)	$4,879	36 (45.00%)	$5,350

^*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, 44 (52.67 % of students) get any students loan help and its average loan amount is $44.

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	64 (62%)	$6,874	64 (62%)	$6,569	4 (4%)	$4,875
2014-15	69 (68%)	$5,247	69 (68%)	$5,247	-	-
2015-16	45 (64%)	$5,655	38 (54%)	$5,194	7 (10%)	$8,158
2016-17	45 (60%)	$5,565	44 (59%)	$5,374	2 (3%)	$6,985
2017-18	40 (51%)	$6,150	34 (43%)	$5,199	6 (8%)	$11,539
2018-19	31 (47%)	$5,542	31 (47%)	$5,111	3 (5%)	$4,461
2019-20	36 (50%)	$5,263	36 (50%)	$5,263	-	-
2020-21	32 (37%)	$6,903	31 (36%)	$5,370	9 (10%)	$6,047
2021-22	32 (35%)	$7,888	32 (35%)	$6,330	5 (5%)	$9,974
Average	44 (52.67%)	$6,121	42 (50.44%)	$5,517	5 (6.43%)	$7,434

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Scholarships, Grants, and Loan Trends at Franciscan University

All Undergraduate Students Financial Aid Over Time

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