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 1,687, which is 88.56 % of all undergraduate students. 1,068 students which is 55.78% of undergraduate students received federal student loans and the average loan amount is $7,338.
For full-time, first-time beginning students (freshmen), 98.78% of students received grants or scholarships and 72% 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 University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,687, which is 88.56 % of all undergraduate students. 1,068 students which is 55.78% of undergraduate students received federal student loans and the average loan amount is $7,338.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,983 (88%)$18,713896 (40%)$4,0731,305 (58%)$11,836
2014-152,013 (90%)$16,041916 (41%)$4,0701,322 (59%)$6,921
2015-161,929 (87%)$17,948901 (40%)$4,1321,272 (57%)$6,898
2016-171,877 (87%)$19,407836 (39%)$4,2481,213 (56%)$6,972
2017-181,685 (87%)$20,323789 (41%)$4,3991,064 (55%)$6,750
2018-191,541 (87%)$20,965685 (39%)$4,386920 (52%)$6,731
2019-201,470 (89%)$22,645621 (38%)$4,412870 (53%)$6,790
2020-211,304 (91%)$23,657532 (37%)$4,623796 (56%)$6,709
2021-221,385 (91%)$24,270587 (39%)$4,752848 (56%)$6,438
Average1,687 (88.56%)$20,441751 (39.33%)$4,3441,068 (55.78%)$7,338

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

For the last 10 years, on average, 435 (98.78 % of students) received grants or scholarships and its average amount is $22,722. It can cover 57.29% of tuition & fees ($39,664).
In addition, 318 (72.22 % of students) students get helped from the students loans (average amount : $8,700).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14536 (98%)$25,118404 (74%)$13,034
2014-15515 (98%)$18,770403 (77%)$12,236
2015-16502 (98%)$20,038368 (72%)$7,697
2016-17466 (98%)$21,868325 (69%)$7,566
2017-18399 (100%)$21,896295 (74%)$7,363
2018-19368 (99%)$22,235265 (72%)$7,351
2019-20372 (99%)$23,939261 (70%)$8,116
2020-21347 (100%)$25,277247 (71%)$8,111
2021-22413 (99%)$25,361297 (71%)$6,823
Average435 (98.78%)$22,722318 (72.22%)$8,700
*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, 198 (44.67 % of students) received Pell (federal) grants and its average amount is $4,353.
In addition, 173 students received State/local government grants/scholarships (39.11 % 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
2013-14247 (45%)$4,37033 (6%)$2,365229 (42%)$4,591535 (98%)$21,037
2014-15247 (47%)$4,19343 (8%)$1,929195 (37%)$4,447513 (98%)$14,972
2015-16239 (47%)$4,05137 (7%)$1,954197 (39%)$4,620501 (98%)$16,184
2016-17209 (44%)$4,25945 (9%)$2,055187 (39%)$4,570464 (98%)$18,003
2017-18192 (48%)$4,27137 (9%)$2,072150 (37%)$4,759396 (99%)$17,995
2018-19166 (45%)$4,32145 (12%)$2,631145 (39%)$4,694363 (98%)$18,364
2019-20156 (42%)$4,251263 (70%)$1,347140 (37%)$5,378371 (99%)$19,231
2020-21137 (39%)$4,66440 (11%)$2,613142 (41%)$6,872345 (99%)$20,440
2021-22187 (45%)$4,79347 (11%)$2,983171 (41%)$5,928402 (97%)$20,955
Average198 (44.67%)$4,35366 (15.89%)$2,217173 (39.11%)$5,095432 (98.22%)$18,576
*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, 318 (72.22 % of students) get any students loan help and its average loan amount is $318.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14404 (74%)$13,034403 (74%)$11,60544 (8%)$13,383
2014-15403 (77%)$12,236398 (76%)$6,254174 (33%)$14,034
2015-16368 (72%)$7,697367 (72%)$6,03644 (9%)$14,026
2016-17325 (69%)$7,566324 (68%)$5,79043 (9%)$13,561
2017-18295 (74%)$7,363295 (74%)$5,55940 (10%)$13,303
2018-19265 (72%)$7,351263 (71%)$5,53038 (10%)$12,991
2019-20261 (70%)$8,116257 (69%)$5,51245 (12%)$15,592
2020-21247 (71%)$8,111243 (70%)$5,39140 (11%)$17,337
2021-22297 (71%)$6,823291 (70%)$5,40133 (8%)$13,780
Average318 (72.22%)$8,700316 (71.56%)$6,34256 (12.22%)$14,223
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