Scholarships, Grants, and Loan Trends at Grace Christian

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 712, which is 79.78 % of all undergraduate students. 650 students which is 73.44% of undergraduate students received federal student loans and the average loan amount is $6,563.
For full-time, first-time beginning students (freshmen), 94.22% of students received grants or scholarships and 75% 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 Grace Christian University since 2013.
For that period, the average number of students who received grants aid/scholarships is 712, which is 79.78 % of all undergraduate students. 650 students which is 73.44% of undergraduate students received federal student loans and the average loan amount is $6,563.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14516 (87%)$6,005383 (65%)$3,819484 (82%)$6,244
2014-15562 (83%)$3,383444 (66%)$2,166532 (79%)$3,788
2015-16731 (88%)$6,739543 (66%)$4,658678 (82%)$7,683
2016-17745 (78%)$5,897615 (64%)$3,820739 (77%)$6,652
2017-18693 (78%)$6,389569 (64%)$4,092683 (77%)$6,868
2018-19814 (79%)$6,341684 (67%)$4,049775 (76%)$6,870
2019-20848 (80%)$6,789702 (66%)$4,238776 (73%)$7,427
2020-21626 (62%)$6,995474 (47%)$4,393601 (60%)$6,868
2021-22872 (83%)$6,134480 (46%)$4,074580 (55%)$6,665
Average712 (79.78%)$6,075544 (61.22%)$3,923650 (73.44%)$6,563

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

For the last 10 years, on average, 99 (94.22 % of students) received grants or scholarships and its average amount is $8,759. It can cover 57.17% of tuition & fees ($15,321).
In addition, 79 (74.78 % of students) students get helped from the students loans (average amount : $7,212).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14104 (98%)$7,29890 (85%)$7,030
2014-1589 (100%)$7,97567 (75%)$8,072
2015-16134 (96%)$8,291106 (76%)$7,346
2016-17112 (87%)$7,89590 (70%)$6,660
2017-18101 (89%)$7,59895 (83%)$7,987
2018-1995 (96%)$9,86763 (64%)$7,646
2019-20110 (93%)$9,79193 (79%)$6,204
2020-2162 (93%)$9,79251 (76%)$6,984
2021-2285 (96%)$10,32358 (65%)$6,975
Average99 (94.22%)$8,75979 (74.78%)$7,212
*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, 63 (58.89 % of students) received Pell (federal) grants and its average amount is $4,410.
In addition, 53 students received State/local government grants/scholarships (50.89 % 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
2013-1465 (61%)$4,30249 (46%)$19867 (63%)$1,68590 (85%)$3,964
2014-1559 (66%)$4,27543 (48%)$19753 (60%)$2,00872 (81%)$4,760
2015-1690 (64%)$5,01134 (24%)$38663 (45%)$2,75685 (61%)$5,568
2016-1785 (66%)$3,69543 (33%)$31251 (40%)$2,44870 (54%)$6,171
2017-1874 (65%)$4,20648 (42%)$31644 (39%)$2,74066 (58%)$4,855
2018-1948 (48%)$4,43534 (34%)$33159 (60%)$3,04885 (86%)$6,276
2019-2074 (63%)$4,48438 (32%)$32354 (46%)$3,51277 (65%)$7,055
2020-2130 (45%)$4,65123 (34%)$30735 (52%)$3,21355 (82%)$6,329
2021-2246 (52%)$4,62834 (38%)$30247 (53%)$3,91372 (81%)$6,533
Average63 (58.89%)$4,41038 (36.78%)$29753 (50.89%)$2,81475 (72.56%)$5,723
*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, 79 (74.78 % of students) get any students loan help and its average loan amount is $79.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1490 (85%)$7,03090 (85%)$5,75410 (9%)$11,483
2014-1567 (75%)$8,07267 (75%)$6,6059 (10%)$10,917
2015-16106 (76%)$7,346106 (76%)$6,14011 (8%)$11,623
2016-1790 (70%)$6,66090 (70%)$5,01717 (13%)$8,703
2017-1895 (83%)$7,98795 (83%)$5,91521 (18%)$9,374
2018-1963 (64%)$7,64663 (64%)$5,47013 (13%)$10,544
2019-2093 (79%)$6,20493 (79%)$5,20810 (8%)$9,255
2020-2151 (76%)$6,98450 (75%)$5,6017 (10%)$10,877
2021-2258 (65%)$6,97558 (65%)$5,3468 (9%)$11,814
Average79 (74.78%)$7,21279 (74.67%)$5,67312 (10.89%)$10,510
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