How Madonna'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 Madonna University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,737, which is 67.67 % of all undergraduate students. 1,332 students which is 51.44% of undergraduate students received federal student loans and the average loan amount is $7,688.

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	1,970 (59%)	$5,823	1,069 (32%)	$3,646	1,684 (50%)	$8,225
2014-15	1,866 (62%)	$6,374	989 (33%)	$3,653	1,512 (50%)	$8,209
2015-16	1,804 (63%)	$7,080	928 (32%)	$3,835	1,404 (49%)	$8,161
2016-17	1,760 (67%)	$8,007	842 (32%)	$3,847	1,274 (48%)	$7,838
2017-18	1,684 (74%)	$9,281	786 (35%)	$4,048	1,226 (54%)	$7,281
2018-19	1,668 (68%)	$9,365	751 (31%)	$4,018	1,226 (50%)	$7,636
2019-20	1,820 (75%)	$10,606	722 (30%)	$4,388	1,312 (54%)	$7,431
2020-21	1,546 (67%)	$12,312	681 (30%)	$4,361	1,266 (55%)	$7,232
2021-22	1,516 (74%)	$14,138	584 (29%)	$4,519	1,087 (53%)	$7,177
Average	1,737 (67.67%)	$9,221	817 (31.56%)	$4,035	1,332 (51.44%)	$7,688

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

Overview

For the last 10 years, on average, 217 (95.78 % of students) received grants or scholarships and its average amount is $14,479. It can cover 52.92% of tuition & fees ($27,360).

In addition, 142 (62.00 % of students) students get helped from the students loans (average amount : $6,346).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	175 (88%)	$10,747	104 (53%)	$6,263
2014-15	156 (93%)	$11,644	83 (49%)	$5,698
2015-16	168 (94%)	$11,952	100 (56%)	$6,032
2016-17	202 (97%)	$12,817	137 (66%)	$5,870
2017-18	268 (99%)	$13,724	180 (67%)	$5,975
2018-19	207 (96%)	$14,003	139 (65%)	$5,934
2019-20	260 (98%)	$17,552	188 (71%)	$6,525
2020-21	267 (97%)	$18,033	180 (65%)	$7,366
2021-22	252 (100%)	$19,840	166 (66%)	$7,448
Average	217 (95.78%)	$14,479	142 (62.00%)	$6,346

^*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, 80 (35.44 % of students) received Pell (federal) grants and its average amount is $4,709.

In addition, 114 students received State/local government grants/scholarships (50.33 % of students).

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	68 (34%)	$4,413	20 (10%)	$855	92 (46%)	$1,757	162 (82%)	$8,654
2014-15	60 (36%)	$4,403	11 (7%)	$782	75 (45%)	$1,899	144 (86%)	$9,731
2015-16	55 (31%)	$4,490	12 (7%)	$800	88 (49%)	$2,020	164 (92%)	$9,596
2016-17	90 (43%)	$4,707	24 (11%)	$917	115 (55%)	$2,120	200 (96%)	$9,498
2017-18	95 (35%)	$4,276	21 (8%)	$762	140 (52%)	$2,024	268 (99%)	$11,091
2018-19	68 (32%)	$4,389	29 (13%)	$824	106 (49%)	$2,376	206 (96%)	$11,284
2019-20	101 (38%)	$4,757	233 (88%)	$718	151 (57%)	$2,864	260 (98%)	$13,397
2020-21	105 (38%)	$5,484	173 (63%)	$961	140 (51%)	$2,740	267 (97%)	$13,817
2021-22	82 (32%)	$5,466	56 (22%)	$2,684	123 (49%)	$2,810	252 (100%)	$16,093
Average	80 (35.44%)	$4,709	64 (25.44%)	$1,034	114 (50.33%)	$2,290	214 (94.00%)	$11,462

^*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, 142 (62.00 % of students) get any students loan help and its average loan amount is $142.

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	104 (53%)	$6,263	103 (52%)	$5,775	6 (3%)	$9,415
2014-15	83 (49%)	$5,698	83 (49%)	$5,056	5 (3%)	$10,655
2015-16	100 (56%)	$6,032	99 (56%)	$5,600	4 (2%)	$12,222
2016-17	137 (66%)	$5,870	135 (65%)	$5,360	7 (3%)	$11,524
2017-18	180 (67%)	$5,975	179 (66%)	$5,167	16 (6%)	$9,408
2018-19	139 (65%)	$5,934	137 (64%)	$5,229	14 (7%)	$7,754
2019-20	188 (71%)	$6,525	186 (70%)	$5,164	20 (8%)	$13,310
2020-21	180 (65%)	$7,366	179 (65%)	$5,147	31 (11%)	$13,046
2021-22	166 (66%)	$7,448	160 (63%)	$5,561	31 (12%)	$11,180
Average	142 (62.00%)	$6,346	140 (61.11%)	$5,340	15 (6.11%)	$10,946

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Scholarships, Grants, and Loan Trends at Madonna

All Undergraduate Students Financial Aid Over Time

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