Scholarships, Grants, and Loan Trends at Lee

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,502, which is 75.89 % of all undergraduate students. 3,012 students which is 65.22% of undergraduate students received federal student loans and the average loan amount is $7,504.
For full-time, first-time beginning students (freshmen), 92.00% 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 Lee University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,502, which is 75.89 % of all undergraduate students. 3,012 students which is 65.22% of undergraduate students received federal student loans and the average loan amount is $7,504.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,320 (73%)$8,5461,692 (37%)$4,1302,405 (53%)$8,268
2014-153,405 (74%)$8,6101,655 (36%)$4,1672,906 (64%)$8,207
2015-163,415 (75%)$8,9471,654 (36%)$4,1653,018 (66%)$7,714
2016-173,596 (75%)$9,0881,612 (33%)$4,2683,231 (67%)$7,384
2017-183,653 (75%)$9,9011,552 (32%)$4,5773,226 (66%)$7,307
2018-193,783 (77%)$10,8881,520 (31%)$4,6813,240 (66%)$7,052
2019-203,690 (79%)$11,4121,400 (30%)$4,6253,279 (70%)$7,242
2020-213,486 (75%)$11,8741,387 (30%)$4,9043,088 (66%)$7,172
2021-223,168 (80%)$13,1101,183 (30%)$4,8292,717 (69%)$7,190
Average3,502 (75.89%)$10,2641,517 (32.78%)$4,4833,012 (65.22%)$7,504

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

For the last 10 years, on average, 727 (92.00 % of students) received grants or scholarships and its average amount is $12,655. It can cover 55.77% of tuition & fees ($22,690).
In addition, 605 (75.11 % of students) students get helped from the students loans (average amount : $6,702).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14715 (88%)$11,231415 (51%)$7,198
2014-15665 (89%)$11,041591 (79%)$6,930
2015-16754 (91%)$11,746697 (84%)$6,312
2016-17801 (91%)$12,235770 (87%)$6,420
2017-18821 (92%)$12,514792 (88%)$6,627
2018-19801 (92%)$13,392767 (88%)$6,471
2019-20741 (94%)$14,460697 (89%)$6,710
2020-21647 (95%)$13,233385 (57%)$6,913
2021-22594 (96%)$14,042330 (53%)$6,734
Average727 (92.00%)$12,655605 (75.11%)$6,702
*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, 265 (33.56 % of students) received Pell (federal) grants and its average amount is $4,527.
In addition, 343 students received State/local government grants/scholarships (43.67 % 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 (35%)$4,08672 (9%)$781336 (42%)$5,099577 (71%)$8,867
2014-15244 (33%)$4,22559 (8%)$674315 (42%)$4,676566 (76%)$8,479
2015-16304 (37%)$4,18173 (9%)$1,151335 (41%)$4,953647 (78%)$9,030
2016-17279 (32%)$4,22765 (7%)$1,147363 (41%)$4,544703 (80%)$9,811
2017-18299 (33%)$4,57785 (9%)$760375 (42%)$4,670731 (82%)$9,698
2018-19294 (34%)$4,69084 (10%)$822390 (45%)$4,719717 (82%)$10,375
2019-20243 (31%)$4,805305 (39%)$1,366369 (47%)$4,958666 (85%)$10,962
2020-21255 (37%)$4,891280 (41%)$1,462319 (47%)$4,922589 (86%)$9,058
2021-22187 (30%)$5,057260 (42%)$2,730283 (46%)$5,016580 (94%)$9,079
Average265 (33.56%)$4,527143 (19.33%)$1,210343 (43.67%)$4,840642 (81.56%)$9,484
*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, 605 (75.11 % of students) get any students loan help and its average loan amount is $605.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14415 (51%)$7,198412 (51%)$6,20146 (6%)$9,403
2014-15591 (79%)$6,930590 (79%)$6,15542 (6%)$11,059
2015-16697 (84%)$6,312695 (84%)$5,77236 (4%)$10,782
2016-17770 (87%)$6,420767 (87%)$5,71952 (6%)$10,717
2017-18792 (88%)$6,627792 (88%)$5,68664 (7%)$11,645
2018-19767 (88%)$6,471766 (88%)$5,49761 (7%)$12,335
2019-20697 (89%)$6,710695 (88%)$5,66659 (7%)$12,526
2020-21385 (57%)$6,913380 (56%)$5,58343 (6%)$12,555
2021-22330 (53%)$6,734329 (53%)$5,32232 (5%)$14,720
Average605 (75.11%)$6,702603 (74.89%)$5,73348 (6.00%)$11,749
Most Searched Tennessee Colleges (last 30 days)
Related Articles and Ads