Scholarships, Grants, and Loan Trends at Montreat

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 673, which is 85.78 % of all undergraduate students. 562 students which is 71.67% of undergraduate students received federal student loans and the average loan amount is $8,612.
For full-time, first-time beginning students (freshmen), 99.67% of students received grants or scholarships and 83% 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 Montreat College since 2013.
For that period, the average number of students who received grants aid/scholarships is 673, which is 85.78 % of all undergraduate students. 562 students which is 71.67% of undergraduate students received federal student loans and the average loan amount is $8,612.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14632 (85%)$21,851324 (44%)$4,112582 (78%)$9,556
2014-15618 (84%)$20,985315 (43%)$4,265501 (68%)$8,704
2015-16637 (79%)$12,746335 (41%)$4,068554 (69%)$7,148
2016-17610 (80%)$13,804348 (45%)$4,101523 (68%)$9,361
2017-18640 (85%)$22,053342 (45%)$4,160564 (75%)$11,295
2018-19645 (81%)$15,145320 (40%)$4,418609 (77%)$8,206
2019-20707 (87%)$15,800326 (40%)$4,416547 (67%)$6,660
2020-21795 (96%)$25,893333 (40%)$4,481608 (73%)$9,908
2021-22771 (95%)$17,933341 (42%)$4,728571 (70%)$6,669
Average673 (85.78%)$18,468332 (42.22%)$4,305562 (71.67%)$8,612

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

For the last 10 years, on average, 160 (99.67 % of students) received grants or scholarships and its average amount is $16,929. It can cover 50.00% of tuition & fees ($33,860).
In addition, 134 (83.00 % of students) students get helped from the students loans (average amount : $8,060).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14102 (99%)$17,20586 (83%)$6,083
2014-15106 (100%)$16,16976 (72%)$6,314
2015-16154 (100%)$16,375127 (82%)$5,896
2016-17164 (100%)$15,657134 (82%)$10,908
2017-18174 (100%)$16,588146 (84%)$10,938
2018-19147 (100%)$16,508140 (95%)$5,816
2019-20168 (98%)$17,643133 (78%)$7,964
2020-21206 (100%)$18,697204 (99%)$10,927
2021-22215 (100%)$17,519156 (72%)$7,697
Average160 (99.67%)$16,929134 (83.00%)$8,060
*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, 70 (43.56 % of students) received Pell (federal) grants and its average amount is $4,255.
In addition, 65 students received State/local government grants/scholarships (41.00 % 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
2013-1442 (41%)$3,8073 (3%)$1,70242 (41%)$4,751102 (99%)$13,631
2014-1543 (41%)$4,01214 (13%)$1,82044 (42%)$4,514102 (96%)$12,915
2015-1679 (51%)$4,3645 (3%)$2,78067 (44%)$4,643154 (100%)$12,026
2016-1782 (50%)$4,26136 (22%)$92879 (48%)$4,528164 (100%)$11,141
2017-1878 (45%)$4,23236 (21%)$95371 (41%)$4,891174 (100%)$12,498
2018-1961 (41%)$4,38219 (13%)$1,01360 (41%)$4,817147 (100%)$12,593
2019-2073 (43%)$4,305136 (80%)$72559 (35%)$4,957167 (98%)$13,526
2020-2187 (42%)$4,203106 (51%)$4,31191 (44%)$5,263201 (97%)$12,687
2021-2282 (38%)$4,73117 (8%)$94171 (33%)$5,961214 (99%)$13,736
Average70 (43.56%)$4,25541 (23.78%)$1,68665 (41.00%)$4,925158 (98.78%)$12,750
*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, 134 (83.00 % of students) get any students loan help and its average loan amount is $134.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1486 (83%)$6,08386 (83%)$6,083--
2014-1576 (72%)$6,31476 (72%)$6,2112 (2%)$3,946
2015-16127 (82%)$5,896127 (82%)$5,4116 (4%)$10,275
2016-17134 (82%)$10,908134 (82%)$9,68614 (9%)$11,699
2017-18146 (84%)$10,938146 (84%)$9,32720 (11%)$11,759
2018-19140 (95%)$5,816140 (95%)$4,17814 (10%)$16,377
2019-20133 (78%)$7,964133 (78%)$5,17429 (17%)$12,797
2020-21204 (99%)$10,927173 (84%)$10,35131 (15%)$14,145
2021-22156 (72%)$7,697156 (72%)$5,50221 (10%)$16,308
Average134 (83.00%)$8,060130 (81.33%)$6,88017 (9.75%)$12,163
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