Scholarships, Grants, and Loan Trends at Louisburg

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 592, which is 95.78 % of all undergraduate students. 526 students which is 85.00% of undergraduate students received federal student loans and the average loan amount is $7,060.
For full-time, first-time beginning students (freshmen), 95.56% of students received grants or scholarships and 87% 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 Louisburg College since 2013.
For that period, the average number of students who received grants aid/scholarships is 592, which is 95.78 % of all undergraduate students. 526 students which is 85.00% of undergraduate students received federal student loans and the average loan amount is $7,060.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14674 (99%)$11,159515 (76%)$5,052604 (89%)$8,955
2014-15690 (98%)$11,716528 (75%)$4,494595 (85%)$7,174
2015-16692 (98%)$12,154487 (69%)$4,647598 (85%)$6,552
2016-17679 (99%)$7,495495 (72%)$2,450640 (93%)$5,160
2017-18616 (99%)$13,169477 (76%)$2,567555 (89%)$5,789
2018-19590 (99%)$10,315465 (78%)$3,047576 (97%)$9,433
2019-20527 (96%)$14,654413 (76%)$4,905483 (88%)$6,040
2020-21477 (98%)$13,777342 (70%)$4,732386 (79%)$5,847
2021-22382 (76%)$14,708298 (59%)$6,103300 (60%)$8,587
Average592 (95.78%)$12,127447 (72.33%)$4,222526 (85.00%)$7,060

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

For the last 10 years, on average, 324 (95.56 % of students) received grants or scholarships and its average amount is $11,020. It can cover 47.97% of tuition & fees ($22,974).
In addition, 292 (86.67 % of students) students get helped from the students loans (average amount : $6,535).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14338 (98%)$11,322311 (90%)$8,776
2014-15363 (99%)$11,042318 (87%)$7,678
2015-16349 (99%)$12,784305 (87%)$6,653
2016-17335 (100%)$6,857322 (96%)$5,399
2017-18345 (100%)$6,950317 (92%)$6,004
2018-19320 (99%)$8,168320 (99%)$5,948
2019-20270 (97%)$14,358253 (91%)$6,366
2020-21327 (99%)$13,537268 (81%)$6,128
2021-22265 (69%)$14,164218 (57%)$5,865
Average324 (95.56%)$11,020292 (86.67%)$6,535
*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, 254 (75.22 % of students) received Pell (federal) grants and its average amount is $4,214.
In addition, 224 students received State/local government grants/scholarships (66.33 % 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
2013-14264 (77%)$5,12626 (8%)$1,842205 (59%)$4,677315 (91%)$4,656
2014-15277 (76%)$4,76033 (9%)$955231 (63%)$4,150343 (94%)$4,955
2015-16244 (70%)$4,81613 (4%)$1,308232 (66%)$4,314346 (99%)$6,556
2016-17261 (78%)$2,42915 (4%)$964246 (73%)$2,298331 (99%)$3,273
2017-18281 (81%)$2,594--248 (72%)$2,492342 (99%)$3,073
2018-19320 (99%)$2,952--270 (83%)$2,289302 (93%)$3,480
2019-20206 (74%)$5,16728 (10%)$2,307190 (69%)$5,132270 (97%)$6,565
2020-21249 (75%)$4,88535 (11%)$1,725228 (69%)$5,521325 (98%)$5,819
2021-22181 (47%)$5,20127 (7%)$1,056165 (43%)$5,658265 (69%)$6,981
Average254 (75.22%)$4,21425 (7.57%)$1,451224 (66.33%)$4,059315 (93.22%)$5,040
*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, 292 (86.67 % of students) get any students loan help and its average loan amount is $292.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14311 (90%)$8,776311 (90%)$8,52210 (3%)$7,869
2014-15318 (87%)$7,678318 (87%)$7,5825 (1%)$6,119
2015-16305 (87%)$6,653305 (87%)$6,3738 (2%)$10,673
2016-17322 (96%)$5,399322 (96%)$5,2649 (3%)$4,815
2017-18317 (92%)$6,004317 (92%)$5,9017 (2%)$4,660
2018-19320 (99%)$5,948313 (97%)$5,9777 (2%)$4,660
2019-20253 (91%)$6,366253 (91%)$6,0447 (3%)$11,631
2020-21268 (81%)$6,128265 (80%)$5,8998 (2%)$9,890
2021-22218 (57%)$5,865208 (54%)$5,55810 (3%)$12,242
Average292 (86.67%)$6,535290 (86.00%)$6,3478 (2.33%)$8,062
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