How Grace Mission'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 Grace Mission University since 2013.

For that period, the average number of students who received grants aid/scholarships is 59, which is 61.00 % of all undergraduate students. 10 students which is 9.00% of undergraduate students received federal student loans and the average loan amount is $7,916.

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	53 (48%)	$5,210	53 (48%)	$4,598	10 (9%)	$9,175
2014-15	45 (38%)	$4,451	45 (38%)	$4,451	11 (9%)	$9,341
2015-16	48 (45%)	$3,688	48 (45%)	$3,688	12 (11%)	$9,479
2016-17	62 (64%)	$2,294	42 (43%)	$2,925	9 (9%)	$6,333
2017-18	68 (74%)	$1,932	41 (45%)	$2,514	-	-
2018-19	70 (83%)	$3,279	42 (50%)	$4,373	6 (7%)	$5,250
2019-20	53 (49%)	$5,663	45 (41%)	$4,943	-	-
2020-21	90 (94%)	$3,804	50 (52%)	$4,652	-	-
2021-22	39 (54%)	$2,566	39 (54%)	$2,566	-	-
Average	59 (61.00%)	$3,654	45 (46.22%)	$3,857	10 (9.00%)	$7,916

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

Overview

For the last 10 years, on average, 5 (77.38 % of students) received grants or scholarships and its average amount is $3,951. It can cover 112.87% of tuition & fees ($3,500).

In addition, 2 (36.33 % of students) students get helped from the students loans (average amount : $6,329).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	16 (36%)	$4,057	2 (4%)	$9,500
2014-15	5 (63%)	$3,274	3 (38%)	$5,361
2015-16	2 (20%)	$4,920	-	-
2016-17	2 (100%)	$2,958	-	-
2017-18	1 (100%)	$3,008	-	-
2018-19	3 (100%)	$3,715	2 (67%)	$4,125
2019-20	7 (100%)	$2,878	-	-
2020-21	5 (100%)	$6,794	-	-
2021-22	-	-	-	-
Average	5 (77.38%)	$3,951	2 (36.33%)	$6,329

^*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, 4 (56.88 % of students) received Pell (federal) grants and its average amount is $4,553.

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	16 (36%)	$2,029	-	-	-	-	6 (13%)	$5,410
2014-15	5 (63%)	$3,004	-	-	-	-	3 (38%)	$450
2015-16	2 (20%)	$4,920	-	-	-	-	-	-
2016-17	2 (100%)	$2,908	-	-	-	-	1 (50%)	$100
2017-18	1 (100%)	$2,908	-	-	-	-	1 (100%)	$100
2018-19	1 (33%)	$5,746	1 (33%)	$200	-	-	3 (100%)	$1,733
2019-20	3 (43%)	$4,905	2 (29%)	$700	-	-	4 (57%)	$1,008
2020-21	3 (60%)	$10,001	3 (60%)	$800	-	-	3 (60%)	$523
2021-22	-	-	-	-	-	-	-	-
Average	4 (56.88%)	$4,553	2 (40.67%)	$567	-	-	3 (59.71%)	$1,332

^*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, 2 (36.33 % of students) get any students loan help and its average loan amount is $2.

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	2 (4%)	$9,500	2 (4%)	$9,500	-	-
2014-15	3 (38%)	$5,361	3 (38%)	$5,361	-	-
2015-16	-	-	-	-	-	-
2016-17	-	-	-	-	-	-
2017-18	-	-	-	-	-	-
2018-19	2 (67%)	$4,125	2 (67%)	$4,125	-	-
2019-20	-	-	-	-	-	-
2020-21	-	-	-	-	-	-
2021-22	-	-	-	-	-	-
Average	2 (36.33%)	$6,329	2 (36.33%)	$6,329	-	-

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Scholarships, Grants, and Loan Trends at Grace Mission

All Undergraduate Students Financial Aid Over Time

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