Scholarships, Grants, and Loan Trends at Methodist

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 413, which is 67.00 % of all undergraduate students. 522 students which is 84.89% of undergraduate students received federal student loans and the average loan amount is $7,615.
For full-time, first-time beginning students (freshmen), 75.44% of students received grants or scholarships and 92% 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 Methodist College since 2013.
For that period, the average number of students who received grants aid/scholarships is 413, which is 67.00 % of all undergraduate students. 522 students which is 84.89% of undergraduate students received federal student loans and the average loan amount is $7,615.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14295 (58%)$4,566227 (45%)$4,617436 (86%)$9,449
2014-15294 (49%)$2,461268 (45%)$1,951478 (80%)$4,958
2015-16384 (63%)$6,629291 (48%)$3,528507 (84%)$9,067
2016-17400 (60%)$3,755312 (46%)$3,700559 (83%)$4,822
2017-18483 (72%)$5,574375 (56%)$3,764576 (85%)$8,682
2018-19462 (67%)$4,394355 (52%)$2,029597 (87%)$4,925
2019-20618 (88%)$7,365391 (56%)$3,818648 (93%)$6,629
2020-21383 (69%)$15,582265 (48%)$4,619501 (90%)$11,313
2021-22394 (77%)$8,452237 (46%)$4,088392 (76%)$8,686
Average413 (67.00%)$6,531302 (49.11%)$3,568522 (84.89%)$7,615

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

For the last 10 years, on average, 5 (75.44 % of students) received grants or scholarships and its average amount is $6,218. It can cover 34.53% of tuition & fees ($18,008).
In addition, 7 (92.00 % of students) students get helped from the students loans (average amount : $6,351).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1413 (100%)$6,32012 (92%)$8,572
2014-152 (50%)$5,9304 (100%)$9,669
2015-167 (78%)$7,9898 (89%)$9,625
2016-179 (47%)$6,59819 (100%)$8,988
2017-182 (100%)$4,2832 (100%)$2,750
2018-194 (67%)$2,3826 (100%)$4,099
2019-207 (70%)$6,0528 (80%)$3,660
2020-213 (100%)$9,7982 (67%)$4,375
2021-222 (67%)$6,6113 (100%)$5,417
Average5 (75.44%)$6,2187 (92.00%)$6,351
*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, 3 (54.22 % of students) received Pell (federal) grants and its average amount is $4,237.
In addition, 3 students received State/local government grants/scholarships (53.00 % 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
2013-147 (54%)$3,7322 (15%)$7507 (54%)$4,72011 (85%)$1,955
2014-152 (50%)$2,5031 (25%)$2,0001 (25%)$2,3601 (25%)$2,495
2015-165 (56%)$5,005--5 (56%)$3,0834 (44%)$3,871
2016-176 (32%)$4,893--5 (26%)$3,8375 (26%)$2,168
2017-182 (100%)$2,173--2 (100%)$2,110--
2018-192 (33%)$2,235--2 (33%)$2,0291 (17%)$1,000
2019-203 (30%)$5,9376 (60%)$7255 (50%)$3,8411 (10%)$1,000
2020-213 (100%)$5,1632 (67%)$1003 (100%)$4,569--
2021-221 (33%)$6,4941 (33%)$6161 (33%)$5,1111 (33%)$1,000
Average3 (54.22%)$4,2372 (40.00%)$8383 (53.00%)$3,5183 (34.29%)$1,927
*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, 7 (92.00 % of students) get any students loan help and its average loan amount is $7.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1412 (92%)$8,57212 (92%)$5,8333 (23%)$10,954
2014-154 (100%)$9,6694 (100%)$3,8342 (50%)$11,670
2015-168 (89%)$9,6258 (89%)$6,0003 (33%)$9,667
2016-1719 (100%)$8,98819 (100%)$5,7894 (21%)$15,191
2017-182 (100%)$2,7502 (100%)$2,750--
2018-196 (100%)$4,0996 (100%)$3,0531 (17%)$6,274
2019-208 (80%)$3,6608 (80%)$3,0001 (10%)$5,278
2020-212 (67%)$4,3752 (67%)$4,375--
2021-223 (100%)$5,4173 (100%)$3,4171 (33%)$6,000
Average7 (92.00%)$6,3517 (92.00%)$4,2282 (26.71%)$9,291
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