Scholarships, Grants, and Loan Trends at Wesleyan

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 742, which is 96.67 % of all undergraduate students. 513 students which is 67.56% of undergraduate students received federal student loans and the average loan amount is $6,263.
For full-time, first-time beginning students (freshmen), 99.78% 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 Kentucky Wesleyan College since 2013.
For that period, the average number of students who received grants aid/scholarships is 742, which is 96.67 % of all undergraduate students. 513 students which is 67.56% of undergraduate students received federal student loans and the average loan amount is $6,263.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14628 (96%)$14,195329 (50%)$4,068581 (88%)$6,467
2014-15703 (99%)$20,796358 (50%)$3,989475 (67%)$7,041
2015-16647 (100%)$15,898308 (48%)$4,293489 (76%)$6,398
2016-17676 (86%)$9,292338 (43%)$4,221497 (63%)$4,587
2017-18683 (95%)$8,389344 (48%)$4,654471 (66%)$8,766
2018-19830 (100%)$9,936401 (48%)$4,551520 (63%)$4,330
2019-20840 (97%)$22,229374 (43%)$4,551577 (67%)$7,859
2020-21861 (97%)$11,408379 (43%)$5,024545 (61%)$4,433
2021-22811 (100%)$20,836363 (45%)$4,523463 (57%)$6,489
Average742 (96.67%)$14,775355 (46.44%)$4,430513 (67.56%)$6,263

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

For the last 10 years, on average, 210 (99.78 % of students) received grants or scholarships and its average amount is $16,374. It can cover 49.03% of tuition & fees ($33,393).
In addition, 157 (75.22 % of students) students get helped from the students loans (average amount : $6,490).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14163 (100%)$14,164154 (94%)$5,931
2014-15230 (100%)$15,250214 (93%)$2,990
2015-16178 (100%)$15,874144 (81%)$6,043
2016-17191 (98%)$12,042135 (70%)$8,976
2017-18192 (100%)$10,807144 (75%)$5,678
2018-19249 (100%)$20,009170 (68%)$4,755
2019-20244 (100%)$20,662180 (74%)$9,281
2020-21239 (100%)$18,522158 (66%)$8,305
2021-22205 (100%)$20,036115 (56%)$6,450
Average210 (99.78%)$16,374157 (75.22%)$6,490
*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, 104 (49.78 % of students) received Pell (federal) grants and its average amount is $4,180.
In addition, 143 students received State/local government grants/scholarships (68.44 % 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
2013-1494 (58%)$3,76642 (26%)$1,580111 (68%)$4,521163 (100%)$8,507
2014-15122 (53%)$4,01076 (33%)$1,548161 (70%)$4,295230 (100%)$9,605
2015-1687 (49%)$4,42744 (25%)$704141 (79%)$4,469178 (100%)$9,996
2016-1792 (47%)$4,58841 (21%)$564141 (73%)$4,73492 (47%)$12,905
2017-1898 (51%)$2,40553 (28%)$275135 (70%)$2,531191 (99%)$7,764
2018-19124 (50%)$4,85787 (35%)$668171 (69%)$3,860249 (100%)$14,705
2019-20108 (44%)$4,51670 (29%)$497165 (68%)$4,783244 (100%)$15,286
2020-21133 (56%)$4,429100 (42%)$594155 (65%)$2,656239 (100%)$14,087
2021-2281 (40%)$4,61862 (30%)$510110 (54%)$4,960205 (100%)$15,396
Average104 (49.78%)$4,18064 (29.89%)$771143 (68.44%)$4,090199 (94.00%)$12,028
*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, 157 (75.22 % of students) get any students loan help and its average loan amount is $157.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14154 (94%)$5,931154 (94%)$5,6165 (3%)$9,708
2014-15214 (93%)$2,990214 (93%)$2,25318 (8%)$8,763
2015-16144 (81%)$6,043144 (81%)$5,17613 (7%)$9,597
2016-17135 (70%)$8,976131 (68%)$8,28811 (6%)$11,457
2017-18144 (75%)$5,678128 (67%)$3,56016 (8%)$22,627
2018-19170 (68%)$4,755170 (68%)$3,99615 (6%)$8,610
2019-20180 (74%)$9,281180 (74%)$7,79127 (11%)$9,933
2020-21158 (66%)$8,305156 (65%)$7,31117 (7%)$10,099
2021-22115 (56%)$6,450115 (56%)$5,03717 (8%)$9,559
Average157 (75.22%)$6,490155 (74.00%)$5,44815 (7.11%)$11,150
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