How OBU'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 Ouachita Baptist University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,494, which is 94.56 % of all undergraduate students. 895 students which is 56.67% of undergraduate students received federal student loans and the average loan amount is $6,157.

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	1,505 (98%)	$16,058	446 (29%)	$4,097	838 (54%)	$6,019
2014-15	1,458 (97%)	$16,200	413 (28%)	$4,209	869 (58%)	$6,323
2015-16	1,497 (97%)	$16,422	438 (28%)	$4,121	889 (58%)	$6,104
2016-17	1,441 (97%)	$17,540	407 (27%)	$4,496	905 (61%)	$6,295
2017-18	1,486 (98%)	$19,432	446 (29%)	$4,630	970 (64%)	$6,217
2018-19	1,506 (91%)	$19,987	433 (26%)	$4,653	1,012 (61%)	$6,149
2019-20	1,496 (92%)	$22,073	432 (26%)	$4,774	749 (46%)	$5,954
2020-21	1,508 (91%)	$23,353	404 (24%)	$4,802	863 (52%)	$7,430
2021-22	1,550 (90%)	$30,398	391 (23%)	$5,024	961 (56%)	$4,920
Average	1,494 (94.56%)	$20,163	423 (26.67%)	$4,534	895 (56.67%)	$6,157

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

Overview

For the last 10 years, on average, 424 (99.44 % of students) received grants or scholarships and its average amount is $18,162. It can cover 55.92% of tuition & fees ($32,480).

In addition, 294 (68.89 % of students) students get helped from the students loans (average amount : $6,686).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	393 (100%)	$14,177	214 (54%)	$7,708
2014-15	420 (100%)	$14,577	271 (65%)	$5,988
2015-16	409 (99%)	$15,928	276 (67%)	$6,452
2016-17	390 (99%)	$17,776	292 (74%)	$6,564
2017-18	464 (99%)	$18,670	344 (74%)	$6,260
2018-19	436 (98%)	$18,647	320 (72%)	$6,189
2019-20	441 (100%)	$20,112	329 (75%)	$6,641
2020-21	389 (100%)	$21,394	275 (71%)	$7,015
2021-22	477 (100%)	$22,181	322 (68%)	$7,357
Average	424 (99.44%)	$18,162	294 (68.89%)	$6,686

^*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, 125 (29.44 % of students) received Pell (federal) grants and its average amount is $4,615.

In addition, 225 students received State/local government grants/scholarships (52.78 % 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	121 (31%)	$4,142	35 (9%)	$1,309	212 (54%)	$2,941	392 (100%)	$11,228
2014-15	123 (29%)	$4,205	18 (4%)	$1,373	214 (51%)	$2,737	408 (97%)	$12,242
2015-16	125 (30%)	$4,029	29 (7%)	$1,311	243 (59%)	$2,985	409 (99%)	$12,830
2016-17	129 (33%)	$4,713	30 (8%)	$1,272	187 (47%)	$2,457	382 (97%)	$15,254
2017-18	144 (31%)	$4,703	32 (7%)	$1,228	275 (59%)	$1,807	444 (95%)	$16,778
2018-19	140 (32%)	$4,718	36 (8%)	$1,816	232 (52%)	$1,927	432 (98%)	$16,104
2019-20	119 (27%)	$4,784	373 (85%)	$682	227 (51%)	$2,401	441 (100%)	$17,008
2020-21	94 (24%)	$4,877	237 (61%)	$904	222 (57%)	$2,240	389 (100%)	$18,386
2021-22	134 (28%)	$5,365	466 (98%)	$1,450	216 (45%)	$2,139	476 (100%)	$18,328
Average	125 (29.44%)	$4,615	140 (31.89%)	$1,261	225 (52.78%)	$2,404	419 (98.44%)	$15,351

^*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..

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, 294 (68.89 % of students) get any students loan help and its average loan amount is $294.

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	214 (54%)	$7,708	210 (53%)	$6,072	34 (9%)	$11,011
2014-15	271 (65%)	$5,988	270 (64%)	$5,301	18 (4%)	$10,634
2015-16	276 (67%)	$6,452	272 (66%)	$5,336	29 (7%)	$11,361
2016-17	292 (74%)	$6,564	290 (73%)	$5,503	27 (7%)	$11,875
2017-18	344 (74%)	$6,260	344 (74%)	$5,376	27 (6%)	$11,260
2018-19	320 (72%)	$6,189	318 (72%)	$5,469	21 (5%)	$11,492
2019-20	329 (75%)	$6,641	327 (74%)	$5,375	32 (7%)	$13,356
2020-21	275 (71%)	$7,015	274 (70%)	$5,357	33 (8%)	$13,978
2021-22	322 (68%)	$7,357	321 (67%)	$5,486	37 (8%)	$16,425
Average	294 (68.89%)	$6,686	292 (68.11%)	$5,475	29 (6.78%)	$12,377

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Scholarships, Grants, and Loan Trends at OBU

All Undergraduate Students Financial Aid Over Time

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