How MACU'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 Mid-America Christian University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,076, which is 62.89 % of all undergraduate students. 1,097 students which is 63.44% of undergraduate students received federal student loans and the average loan amount is $8,526.

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	192 (8%)	$6,656	154 (6%)	$3,752	177 (7%)	$6,041
2014-15	1,358 (65%)	$6,346	1,184 (57%)	$4,399	1,435 (69%)	$10,901
2015-16	1,379 (67%)	$6,493	1,171 (57%)	$3,895	1,582 (76%)	$8,735
2016-17	1,276 (69%)	$5,987	1,078 (58%)	$3,422	1,391 (75%)	$7,556
2017-18	1,102 (68%)	$7,399	895 (55%)	$4,008	1,167 (72%)	$8,723
2018-19	1,058 (72%)	$7,767	857 (59%)	$4,184	1,082 (74%)	$9,284
2019-20	996 (74%)	$8,331	770 (57%)	$4,394	946 (70%)	$9,570
2020-21	1,266 (79%)	$7,497	930 (58%)	$4,013	1,170 (73%)	$7,699
2021-22	1,061 (64%)	$8,127	910 (55%)	$3,776	922 (55%)	$8,223
Average	1,076 (62.89%)	$7,178	883 (51.33%)	$3,983	1,097 (63.44%)	$8,526

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

Overview

For the last 10 years, on average, 106 (82.78 % of students) received grants or scholarships and its average amount is $10,584. It can cover 53.20% of tuition & fees ($19,896).

In addition, 83 (62.44 % of students) students get helped from the students loans (average amount : $7,769).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	145 (51%)	$6,636	139 (49%)	$6,576
2014-15	97 (88%)	$8,256	70 (64%)	$8,784
2015-16	81 (53%)	$12,848	71 (46%)	$11,270
2016-17	114 (85%)	$8,403	98 (73%)	$7,510
2017-18	76 (97%)	$13,319	43 (55%)	$7,750
2018-19	93 (89%)	$10,227	76 (73%)	$8,487
2019-20	95 (93%)	$10,986	74 (73%)	$6,299
2020-21	132 (98%)	$11,616	92 (68%)	$7,099
2021-22	125 (91%)	$12,967	84 (61%)	$6,144
Average	106 (82.78%)	$10,584	83 (62.44%)	$7,769

^*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, 72 (54.56 % of students) received Pell (federal) grants and its average amount is $4,323.

In addition, 27 students received State/local government grants/scholarships (21.89 % 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	119 (42%)	$3,907	17 (6%)	$979	23 (8%)	$3,448	57 (20%)	$7,041
2014-15	68 (62%)	$4,271	14 (13%)	$429	34 (31%)	$3,680	71 (65%)	$5,342
2015-16	51 (33%)	$4,175	24 (16%)	$1,352	15 (10%)	$3,696	67 (44%)	$11,044
2016-17	82 (61%)	$3,847	26 (19%)	$1,243	24 (18%)	$4,310	66 (49%)	$7,677
2017-18	37 (47%)	$4,312	6 (8%)	$1,204	20 (26%)	$4,856	75 (96%)	$9,977
2018-19	65 (63%)	$4,573	23 (22%)	$1,292	23 (22%)	$3,226	63 (61%)	$8,730
2019-20	68 (67%)	$4,519	56 (55%)	$1,552	27 (26%)	$3,651	67 (66%)	$8,222
2020-21	82 (61%)	$4,873	30 (22%)	$2,950	51 (38%)	$3,921	102 (76%)	$8,287
2021-22	76 (55%)	$4,433	29 (21%)	$1,536	24 (18%)	$4,113	97 (71%)	$11,760
Average	72 (54.56%)	$4,323	25 (20.22%)	$1,393	27 (21.89%)	$3,878	74 (60.89%)	$8,676

^*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, 83 (62.44 % of students) get any students loan help and its average loan amount is $83.

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	139 (49%)	$6,576	139 (49%)	$6,576	-	-
2014-15	70 (64%)	$8,784	70 (64%)	$8,727	1 (1%)	$4,000
2015-16	71 (46%)	$11,270	70 (45%)	$10,651	6 (4%)	$9,095
2016-17	98 (73%)	$7,510	98 (73%)	$7,234	2 (1%)	$13,500
2017-18	43 (55%)	$7,750	42 (54%)	$7,349	2 (3%)	$12,316
2018-19	76 (73%)	$8,487	76 (73%)	$7,726	3 (3%)	$19,276
2019-20	74 (73%)	$6,299	74 (73%)	$6,060	2 (2%)	$8,869
2020-21	92 (68%)	$7,099	92 (68%)	$7,034	1 (1%)	$6,000
2021-22	84 (61%)	$6,144	82 (60%)	$6,038	2 (1%)	$10,500
Average	83 (62.44%)	$7,769	83 (62.11%)	$7,488	2 (2.00%)	$10,445

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Scholarships, Grants, and Loan Trends at MACU

All Undergraduate Students Financial Aid Over Time

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