Scholarships, Grants, and Loan Trends at Harding

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,545, which is 86.44 % of all undergraduate students. 2,130 students which is 51.44% of undergraduate students received federal student loans and the average loan amount is $7,261.
For full-time, first-time beginning students (freshmen), 96.33% of students received grants or scholarships and 55% 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 Harding University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,545, which is 86.44 % of all undergraduate students. 2,130 students which is 51.44% of undergraduate students received federal student loans and the average loan amount is $7,261.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,791 (86%)$9,6761,179 (27%)$4,0412,447 (55%)$7,448
2014-153,898 (87%)$9,7671,159 (26%)$4,0102,501 (56%)$7,504
2015-163,812 (86%)$10,3541,197 (27%)$3,9612,480 (56%)$7,592
2016-173,801 (86%)$9,8971,167 (26%)$4,1162,434 (55%)$7,507
2017-183,536 (85%)$10,7891,056 (25%)$4,3132,258 (54%)$7,249
2018-193,353 (84%)$10,077901 (23%)$4,4792,042 (51%)$6,966
2019-203,218 (85%)$10,684864 (23%)$4,5201,895 (50%)$7,060
2020-213,209 (90%)$12,213761 (21%)$4,6971,631 (46%)$7,200
2021-223,287 (89%)$12,751726 (20%)$4,6571,485 (40%)$6,821
Average3,545 (86.44%)$10,6901,001 (24.22%)$4,3102,130 (51.44%)$7,261

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

For the last 10 years, on average, 877 (96.33 % of students) received grants or scholarships and its average amount is $11,031. It can cover 44.32% of tuition & fees ($24,888).
In addition, 503 (54.67 % of students) students get helped from the students loans (average amount : $7,227).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,001 (97%)$9,927583 (57%)$7,088
2014-151,030 (97%)$9,691626 (59%)$7,305
2015-16936 (95%)$9,273606 (61%)$7,262
2016-17962 (95%)$9,509583 (58%)$7,708
2017-18904 (96%)$10,288553 (59%)$7,378
2018-19829 (97%)$10,924453 (53%)$7,369
2019-20775 (96%)$12,216421 (52%)$7,074
2020-21727 (97%)$12,769345 (46%)$7,026
2021-22725 (97%)$14,682353 (47%)$6,837
Average877 (96.33%)$11,031503 (54.67%)$7,227
*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, 217 (23.56 % of students) received Pell (federal) grants and its average amount is $4,309.
In addition, 215 students received State/local government grants/scholarships (23.44 % 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
2013-14280 (27%)$3,880117 (11%)$504248 (24%)$4,089938 (91%)$8,292
2014-15257 (24%)$4,051117 (11%)$468238 (22%)$2,7981,022 (96%)$8,043
2015-16245 (25%)$4,096112 (11%)$462220 (22%)$2,708916 (93%)$7,674
2016-17263 (26%)$4,108107 (11%)$921243 (24%)$2,045958 (95%)$7,800
2017-18220 (23%)$4,24291 (10%)$1,182238 (25%)$1,674895 (95%)$8,783
2018-19197 (23%)$4,49783 (10%)$924198 (23%)$2,252824 (96%)$9,281
2019-20180 (22%)$4,42569 (9%)$793196 (24%)$1,999772 (96%)$10,653
2020-21148 (20%)$4,62563 (8%)$978166 (22%)$2,545727 (97%)$11,161
2021-22162 (22%)$4,85768 (9%)$692184 (25%)$2,459724 (97%)$12,925
Average217 (23.56%)$4,30992 (10.00%)$769215 (23.44%)$2,508864 (95.11%)$9,401
*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, 503 (54.67 % of students) get any students loan help and its average loan amount is $503.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14583 (57%)$7,088583 (57%)$6,51138 (4%)$8,851
2014-15626 (59%)$7,305624 (59%)$6,70436 (3%)$10,826
2015-16606 (61%)$7,262606 (61%)$6,56347 (5%)$9,010
2016-17583 (58%)$7,708577 (57%)$6,69256 (6%)$11,298
2017-18553 (59%)$7,378550 (58%)$6,57437 (4%)$12,547
2018-19453 (53%)$7,369453 (53%)$5,80658 (7%)$12,208
2019-20421 (52%)$7,074417 (52%)$5,94846 (6%)$10,829
2020-21345 (46%)$7,026338 (45%)$5,60742 (6%)$12,585
2021-22353 (47%)$6,837350 (47%)$5,49041 (6%)$11,996
Average503 (54.67%)$7,227500 (54.33%)$6,21145 (5.22%)$11,128
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